The voting for The Property Crowd and Zeddy is now complete. They both got very close but neither of them got over 50% support for FKA to lead the round. Zeddy landed exactly on 50% and there are several Flying Kiwis who will assist with DD under the lead of MIG Angels. If all stacks up they will bring Zeddy back to FKA as a co-investment opportunity.
We wish Jim and Kate all the best for their journey ahead
James should be a Happy Bunny! He is the CEO and co-founder of narrative.so, came to ADI last week, pitched on Tuesday and has today, on Friday commitments from FKA to take his round into oversubscription. With a little help from our friends (at NZVIF), we could compile adequate DD in super quick time. FKA ≈ KAF ≈ Kick-Ass-Fast
Late breaking news, disappointing news. It seems that ICE money doesn't want to mix with FKA money. So we wish James all the best!
Our 50th Pitch Night had all that one could wish for: two great pitches, a proud update from a portfolio company, lessons learned from the coal face and a sabrage that topped all so far - we just need the video footage to prove it. There were 50 or so phones out to record it.
Please send your clips to firstname.lastname@example.org ?
Hopefully, the Lime run will pass without incident. Straight after you can roll on to the Health Tech Investment Showcase.
An interesting read! «An obvious problem for many companies, however, is that they are creating new types of businesses and services that don't lend themselves to easily identifying such invisible asymptotes. Many are not like Amazon where there are readily tracked metrics like the size of the global book market with which to peg their TAM.»