Another FKA Friday ● 10 June 2022#19

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10 June 2022 #19 816 "Our Scale-Up NZ platform is undergoing a revamp designed to better serve our customers and fulfil our mission to connect New Zealand’s innovation ecosystem.? As a result, Scale-Up NZ’s online directory functionality will no longer be available as of 10 June 2022." Save the night! Thursday, 28 July! It will be a night to remember. "Ladies and gentlemen, electric cars... They are totally gay." WATCH IT HERE A fun example, unlike anything we expect for our pitch night--21 June.?️ 1) Raise capital when you can, not when you need it. Amzn tapped convert debt in Feb '00 - if we had waited another month we would not have survived. 9 years later at FB, we raised a 33% down-round despite having plenty of runway. Don’t wait until your back is up against the wall. 2) Cash is king. Forget about valuation, dilution, etc - if you run out of cash, none of it matters. Borders used its free cash flow to buy back stock for yrs, ignoring the internet. By the time a PE firm fired the board and asked me to join in ‘09, we had no runway for turnaround. Full Twitter Threat Time to acknowledge Katheren and Debra who tirelessly review this newsletter before the public gets to see it. They keep it straight but not too narrow, and fix the grammar and spelling of the German. Their work is done in the early hours of Friday as the draft is only finished late Thursday night.  15+16 June, some MuTech? MusicTech to discover, K'rd in AKL, MORE HERE Creative, business and technology innovators from leading music tech companies Serato, Melodics, InMusic and others for the inaugural perfect loudness by day, showcases, demonstrations, talks and networking. Haha, a very unusual TechCrunch article: Coca-Cola’s attached bottle cap is rock bottom of hokey greenwashing.? READ IT HERE Imagine you were going to buy a business today that you were required to sell next month, next quarter, or next year. How much would you pay? Given the substantial uncertainty currently dominating capital markets, your answer would be much less than you thought the business was actually worth. Follow this thought HERE! Take a GLIMPSE! Interesting trends on the internet, made visible, such as the increased interest in non-alcoholic beer. Andy is a big fan! Also, on LinkedIn and over 2,000 FKA GIFs on GIPHY.