Another FKA Friday ● 18 February 2022#03

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18 February 2022 #03 802 Welcome back Dacreed. They pitched on Tuesday after they pitched in May 2021. They have restructured the business to be fully focused on the SaaS platform. With that, the DD team is resuming work. But we still need some helpers for DD! Can you help? See the Pitch Video. We will bring you the PickMee & Kara videos soon. Ever wondered what all the NFT fuss is about. Mrwhoistheboss explains it HERE. So cryptocurrency is safer than real money? Except for the occasional heist! Read. ADI this week had an interesting hybrid of Uber Eats and My Food Bag - MEEZ. Good early traction but how much of that is due to Covid? We'll watch them. SaaS Capital conducts a survey of private, B2B SaaS company metrics in each year. Bootstrapped companies are spending less (and are profitable), while equity-backed companies are operating at a loss to support growth. Equity-backed companies spend approximately 40% more on marketing, R&D, and admin while spending 82% more on sales. More HERE. Debra brought back the impressive Arch Angel Award from the AANZ Summit and presented it to Rudi at our pitch night on Tuesday. Seriously though, it will not go in a bathroom. Excerpt from an investor update of one of our portfolio companies just in:   "Total revenue was up from an increase in people testing for STDs after the holiday break "