Newsletter ➢ ᴀFKAғ•2019#35

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27 September 2019 #35 This week's edition is coming from Dallas, Texas as Rudi is attending the September Board meeting for the US subsidiary of FKA's portfolio company Aisleworx №03. A pro-rata share offer has been circulated to all Techion Group №08 investors via FKA Nominees. Any questions should be addressed to FKA's investor rep Ian.Clarke@fka.nz who can also assist any new investors that may wish to take up any rights not taken up.  «Under 35s are the most unhappy, while older people have much more fun». This study reveals millennials are miserable while the over 55s take time out to do the things they enjoy more. Not so FKA's U35! "Enterprise Angels launched AngelEquity in October 2016 with the vision of attracting new wholesale investors and maximising syndication with other Angel Networks [...] however the reality is that marketing a separate brand did not provide the commensurate benefit that we anticipated." Editor's comment: One man's battle of fear to protect commission income against crowdfunding has come to an end. Crowdfunders made no great impact nor did other Angel groups adopt the platform. Better market validation might have predicted the behaviour of Angel groups. Launch and failure were each a consequence of different parties wanting to protect their commission income. NZ Angel groups charging 6% commission on startup founders is BROKEN! A great analysis that compares Airbnb & UBER and discusses the first-mover fallacy, 10x better and competitive moats. Following last week's appeal, we have added further capacity with an extra launch and yacht.  Hattaf.Ansari@fka.nz has more details and will reserve your place. The above are contributions from Cornelius and Ralf W following yesterday's ADI mentor call. Rudi - Today my notice is coming late from Dallas, Texas. Cornelius - How's Dallas? [GIF attached] Ralf - Cornelius, wrong picture  just cannot recall who was who. [pic attached] Cornelius - Haha, it suits him so well... This time James Veitch is not playing with a scammer but he is demonstrating that extracting returns from a roommate can be more nerve-wracking than getting returns from a startup. Watch the video!