Newsletter ➢ ᴀFKAғ•2019#25

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19 July 2019 #25 Daniel O'Donoghue presented Conqa at Tuesday's pitch night. Watch the video here. Championed by Andy The DD Vote is underway. Brough Johnson presented Narrative Muse at Tuesday's pitch night. Watch the video here. Championed by Phil and lead by Suse Reynolds from AngelHQ Angels. Investors will receive the DD Report and Co-investment Call shortly. David is the Investor Rep for Kami №02 and he gave an update on progress at Tuesday's pitch night. We'd love to brag with the financial performance of our portfolio company but these numbers are not for public consumption. Suffice it to they are doing us proud. However, we have a video from their Air New Zealand awards night. We decide whether or not to proceed to DD by vote. We have currently 34 Voting Angels who have pre-committed $2,500 for each of the next 10 investments that we vote to do DD on and subsequently to invest in. The Voting Angels are bound by majority vote for their first $2,500. Over and above that, they invest at their discretion as do all other FKAngels and co-investors subject to minimum investment levels. It is our aim to give founders a swift YES or NO. However, for that, we rely on the Voting Angels to get on with the voting. Normally that works very well, however, for close decisions it can take virtually every Angel to vote which can be difficult. For that reason, we have introduced the following refinement. If a majority of 18 YES/NO votes has not been achieved within 14 days of the commencement of voting then a smaller majority of 13 YES/NO votes or more will decide the final vote where at least 75% of the Voting Angels have cast their vote. Every third Thursday of the month the ADI Teams in Auckland and Queenston are locked in a race to see who will get more bookings. Queenstown started Thursday morning in the lead with four bookings whilst Auckland was trailing with three. It was not the early afternoon that Auckland caught up. With that, the day ended 4:4. Michelle Polglase unashamedly admits that the new KFA Friday newsletter was inspired by this publication, strong colours, animated GIFs all included. Some say ιɱιƚαƚισɳ ιʂ ƚԋҽ ʂιɳƈҽɾҽʂƚ ϝσɾɱ σϝ ϝʅαƚƚҽɾყ. Who is Deborah DeFoy? The things you're missing if not on LinkedIn.