Newsletter ➢ ᴀFKAғ•2018#31

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7 September 2018 #31 #Awesome! One of our moneybags angels has offered her car for three days every month to the best performing founder, then the best performing angel. #FKAngels #KIWIstartups #DaFKAbeast #SpoilerAlert  I Wish I had gone to Bruno's Term Sheet Talk  Thur, 13 Sep, 0900-1300, @ PwC L22, 188 Quay St, Auckland  ☞ RSVP "Term Sheets with a nod to Series A" with Bruno by Angel Association New Zealand Let's welcome George, our second FKApprentice.  He was referred by Nawaz who joined the ranks of FKApprentice only last week. George is gunning to complete his degree at UoA in Finance, Computer Science and Economics by November next year. In the meantime, he is keen to gain real-world experience with the crypto-maniacs at Dasset and ethereal experience with the angels at FKA. George digs numbers and will keep track of FKA's investment commitments, match payments and guard the nominee records like a lion with his life. Some interesting questions. ❐ When is the best time to engage with a potential investor? ❐ What if the first feedback was negative? ❐ Does the investor bring in domain expertise? ❐ What are the alternatives to angel investing? ❐ Do I pass control of my business to investors? ❐ What's the advantage of a co-founder agreement? ❐ When is the right time for a shareholder agreement? All the above were discussed at our #AskAngelsAnything evening this month with co-moderators Rudi and Rory and generously hosted by Averill Dickson and Julie Fowler at the offices of Simmonds Stewart. Diarize next month's #AskAngelsAnything, hosted by Jackie. Vivian runs Elite Stay and promptly offered this. I just wanted to contact you after last night. If you want to promote your "Ask Angels Anything" event and get more attendees next time, I can help to post the event information on my personal social. I have many entrepreneur contacts on Facebook and WeChat. It is nice that you try to build up a supportive startup community, I am happy to help. This week on LinkedIn; Martin reports a very interesting company from Tuesday's Whangarei ADI - Underbelly. We post with an Aussie v Kiwi spin. Noticing precisely 1,000 followers, we make noises about that too. Then some cheeky bugger decides to take us down a notch and unfollows FKA thus producing a 1k followers post with only 999 followers. The world is in order again, this morning we're back up at 1,001. Other Kiwi angel groups' following on LinkedIn: Angel Association NZ 35, Angel HQ 0, Arc Angels 55, Canterbury Angels 115, Enterprise Angels 280, Ice Angels 1,150 Ice Angels and all the Icehouse funds are expecting big numbers for this year's Showcase, 13 September 2018. Go there and witness a different style of early-stage investing. All the best to Robbie and his team! All mistakes, grammar, spelling or otherwise in this publication have been made by Rudi and then overlooked by Debbie, Jackie, Karl, Katheren and Masha. Same goes for the images. However, Rudi has been known to insert some after the early morning review.