Newsletter ➢ ᴀFKAғ•2019#45

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6 December 2019 #45 Here comes the reel of recent films made with Moxion.io. Our Investor Rep Rudi is reaching for the stars ✩✩✩ Not 50 Angels but we have several 50-year-old Angels signed up to jump into Jaguars and i-Pace around the track next Monday. Thank god for Debra or it would be an all-male affair.  We might have some pics next week? Odds are favouring Debra over Garth at this point! So let's see. It was in June 2018 when Uli Wiehle wheeled in Toothcrush to pitch. We started DD but in the end, the founders decided to go for bank finance. Less than 18 months later they have no sold the business. □□□□□□□! This is the LinkedIn post by James Hurman.  Throughout this year Rudi has posted variously about the issue of commission charges on startup founders in the New Zealand ecosystem. News from the recent □□ℕℤ □□□□□□ is that the message has been heard loud and clear It is now over to the individual Angel groups to retune their operations as they gradually transition from fees on founders to fees on investors. This is the LinkedIn post. Rob Vickery reports that his second US Fund made the global top performance quartile for that vintage, aggregate portfolio company revenues up 1,100% since first investment. He will be mixing it up in NZ with Hillferance VC, announcing the first three events in 2020 to link US investors with NZ founders, separate dinners with investors and founders. “[...]the recipe for genius into one sentence, [...] have a disinterested obsession with something that matters. A bus ticket collector's love is disinterested.” Paul Graham on what creates genius. □□□□ □□□□□□□.  Beware of artificial intelligence ‘snake oil’ Arvind Narayanan - must read!  Synoptic extract or full NBR article. Mocap is getting better at StretchSense and Ben has now added a face mask. Interesting to watch the journey. Watch Ninja Ben in action!  The 2019 report on the AUS startup ecosystem. Read here why the Aussie VCs are coming to NZ to hunt for deer and unicorns □□ Sad news from Finland - Santa bankrupt! This is his official statement.