Newsletter ➢ ᴀFKAғ•2019#10

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5 April 2019 #10 We now have the pitch video from Zeddy. Voting is underway.  Voting for The Property Crowd is still undecided. Some more votes are needed to have a clear majority, one way or the other. Debra called for cake and champagne to celebrate with staff and investors after the first FormusLabs board meeting. This was almost like a christening of our portfolio company #15 which marks the midpoint of our second batch of 10 companies.   Late breaking news! Moxion has just appointed Philip Ashcroft as President, North America. InvesTinder was a successful April Fool Joke by Brent S. Ogilvie, the man who had a great exit with sperm counting tech. Did he have that middle name before the exit? Tim W. saw it a day later and promptly believed it. ∎ Paul admitted he had a WTF moment. ∎ Nicolás Erdödy «And where can I check the credentials of the CTO? Does he understand entrepreneurship at all? I'm only looking at this because I trust the broker -always trust the broker!» ∎ Julian «An investment opportunity not to be missed. It will be our next New Zealand Unicorn.» For Techweek19 we're looking for 50 Angels from across New Zealand and other early-stage investors to take flight on Lime scooters to visit various companies that are all about transport innovation. Pencil 20 May! There are VCs working the NZ Angel space and they are very much aligned. It's important to separate the VC-Angel conflict of the Valley from our local circumstances.  To this end but more importantly the benefit of Kiwi startups, Simmonds Stewart et al are bringing several VCs to our shores for Techweek19. Find out more and register ☞ HERE! LinkedIn ► Flying Kiwi Angels have just released 5-year stats to March 2019. $7M invested plus $1.9M co-investment from NZVIF. For most other NZ Angel Groups, at 6% that $8.9M total means about $540k commission fees that are charged to startups. #FKAngels don't charge fees which means $540k more for #KIWIstartups to grow FKA's Chief Cat Herder Rudi circulated an email to all active FKAngels with instructions to access a new section of the website with Internal Resources. A little hint: The password was contained in the image. Jackie has a day job as CEO of the ecentre where lots of founders are working on their startups. From time to time she calls on fellow FKAngels to help, such as Cornelius, Debra, Ralf W and Rudi. He was put in the ring on Wednesday with Sara Perry, Bootstrapping vs Fundraising. Interesting conversation discussion, pros and cons on both sides. NBR was in the room and might follow up. FKAngels and AU students congregate every year at the Velocity competition which has produced many startups that have grown into great Kiwi companies, among them portfolio company #02 Kami. CEO Hengji was one of the judges and mentors last year. Read more about the programme here and simply join here.