Matty pitched Hectre to FKA in June 2019. We didn't end up investing. Great to see that two years on with great progress, Matty has just raised $3.5m. Hectre is not so much upsetting the applecart but rather disrupting apple orchards Read more.
Toby called into ADI back in February this year. He found our advice helpful and has pivoted to a business model that is generating $$$. Not all easy, actually. More about EasyRent.
Not one hour after publishing last week's newsletter Keegan from Orchestra shared this useful resource on ESOP HERE. Thank you.
We at FKA, we want to help KiwiNet produce more Superheros. Our pledges are building! Check and contribute HERE, reference FKA so we can claim 1 or 2 Superheros.
The Chief Cat Herder said when making his pledge, "Flying Kiwi Angelshelping crazy and not so Crazy Kiwi Scientists □"
Companies must be fully independent, privately held, have 30 or more full-time employees, be 7 years old or younger and be headquartered in NZ.
Are they? VCs are going early big time but don't help startups find product-market-fit thus smothering their deal flow. Founders beware!
Most investors use a mental framework to judge the risk and likelihood of success of any given company. At NFX, a well-known seed-stage venture capital firm that has invested in hundreds of startups, that framework is called the “Ladder of Proof.” Read more.
Covid has covered other issues, such as the changes to the Callaghan Innovation growth grants. No doubt, this is affecting several of our portfolio companies. Read on.