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Newsletter ➢ ᴀFKAғ•2020#11

24/4/2020

 
*|MC_PREVIEW_TEXT|*

24 April 2020 #11

Various rounds are still open. Hivemind and Chnnl co-investment calls have gone out this week. Vesper and FormusLabs about to close.

At the moment Angels rather support existing portfolio companies than new ideas. That makes it tough for founders who are looking for their first seed round, tough but not impossible as Hivemind and Chnnl show.

You can be forgiven for mistaken Whanganui for Whangarei. But make no mistake, Flying Kiwi  Angels are no lockdown loonies!  Both Lawrence and Martin, our Angels guarding the Far North have swapped kid gloves for rubber gloves to keep Whangarei safe.
Disrespect for Dr Rudi's beer! Straight after Chnnl DD Andy has channelled all his energy into setting up a mailorder business for the oenophile. Strange thing to do under COVID-19, strange thing to do for a teetotaller but so is Andy, a Flying Kiwi Angel, flying against all odds.

Andy is no scrounger and cuts his margin to give all readers a rocking 10% discount until 12 May, just use FKArocks at the checkout!  His wife Lizzie produced this COVID-19 track which is why there will be a little delay with the TWL jingle.

□□□ TheWineList.co.nz 

This press release about new staff hires was fronted by the NZGCP Chair in a Smile Offensive this Wednesday, only to be followed by a somewhat disturbing news article about staff issues the following day.
But success lies beyond the stereotypes that are often formed without reference to hard data. Do you want hard facts? Then read this!
Garth says, till 30 June 2020 there are free services for eligible businesses under the Management Capability Development Voucher Fund. Financial savvy for startups? Check if this is something for you!
The Economist reports. In New York internet usage in Manhattan’s commercial core is down by around 30%. Conversely, usage in parts of gentrifying Greenpoint and Long Island City is up by over 60%. London displays a similar pattern, with steep drops in the city centre offset by heavier use in peripheral areas.
The Economist reports on COVID-19 impacts. Surprisingly, traffic to gambling and pornography sites is flat. Visits to business and learning sites have risen the most, followed by games, e-commerce and streaming. The only category that has seen a decline is one incompatible with social distancing: online dating.

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