Another FKA Friday 4 December 2020 #43

4/12/2020


	4 December 2020 #43	768 ʀᴇᴀᴅᴇʀs

Happy money is not just the prerogative of queens

In November and December, we have collected $952k, just under one million for five portfolio companies, two follow on rounds and three new.

Datagate #05 ○ Hot Lime Labs #13
Kwotimation #23 ○ Well Revolution #24 ○ Komodo #25

Andy, Hattaf, Nawaz and Rudi are still working on one pre-seed deal.

Normally at this time of year, we like to bring you reindeer related startups but Pöny was simply too good to pass up. See the full deck here!

Jason from Spoke #15 has circulated his quarterly investor update this week. Looking good! More enterprise contracts are generating more revenue than SMB.

Ping Phil.Southward@fka.nz if you didn't get your copy.

Brett Herkt has the hair colour and determination of a Viking. In 2014 he was targeting the top end of town when he pitched to FKA. He has pivoted to SMB since then, changed the branding, gained impressive traction, and he has won lots of fans among FKA investor reps. His current round is massively oversubscribed.

So no sweet-talking of a cat herder could get capacity when even a horned Sheppard who is an early investor may not get all he wants.

All the best to Brett, Kim and the rest of the BoardPro team!

David Smol has been appointed as the new chair of NZGCP. Let's hope that this is the beginning of the changes that the ecosystem has been crying out for. LinkedIn Post.

Greg Sitters sums it up well "There is considerable work to be done to rebuild confidence and integrity both internally and externally in the market thanks to the damage done by previous management and lack of integrity in the previous board in dealing with things."

Don’t be a first-mover, be the first one to get it right! Remember: be an early mover, but don’t be a first mover as the lack of competition most likely signifies a lack of genuine customer desire. Interesting little read!

Lachlan from Pacific Channel has stepped up to fulfil his charitable commitment. However, with three female artists, painting and wine, he is visibly outside of his comfort zone. Help him, help the Talalelei Life Future Fund. Ruth Malo from NZGCP is!

It was a great night last night!

Nate from Potentia takes away the 1st prize for the most creative registration for last night's Xmas dinner. He gave his title as Indie Angel.

We don't know what our Chief Event Officer Katheren has planned for the last week of January. She promises to bring the cheeky out in everyone. So, look out for more details on FKA HELLO 2021.

Katheren is FKA's CEO, Chief Event Officer, and Asthma' NZs Doco Diva aka CEO. Healthy Homes - a Kiwi Dream will screen on THREE, this Saturday at 16:00.