Another FKA Friday ● 9 December 2022#45

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9 December 2022 #45 805 Putin's actions have cut natural gas supplies to Europe. Europe's greenhouses rely on CO₂ for high yields. HLL can solve the problem which is why the company has opened a raise to put the heat on Europe. Shareholders including FKA are taking up preemptive rights. There may be some capacity left for new investors. Please, email Garry our investor rep on the HLL Board if you want to find out more. From the NBR. Is it that often disruptive startups will at scale converge to a business model much like the disrupted? Remember WeWork—in the end essentially a serviced office business. Now, Uber pushed to treat its drivers as employees. Chelsea Hirst from SPROUT is calling for this event next Wednesday at 5 pm at GridAKL, 12 Madden St--MORE HERE RSVP Cornelius is a Flying Kiwi with a day job, he is stacking shelves at Kathmandu but more about that HERE. “This is the dynamic of a bubble, it develops when you are only looking at the topline, how much a company has grown. This allows you to raise more money and grow further, and so on. Companies grew quickly because they had access to money. Even if they sold something at a loss - whether it was an insurance policy or real estate like WeWork - the consumer didn’t care and sales increased. This inflated valuation further until something went wrong. And then everything was reversed and the bubble burst.” READ ON! The NZ Hi-Tech team is powering away and has announced the launch dates for early next year already.  Launch your 2023! Winning an award can be good for a startup but trying over and over again can be like chasing vanity metric when actual sales matter more! So true! We had an early morning cancellation and with this LinkedIn post, we filled that slot again to talk with six startups yesterday afternoon. Yesterday's Angels were, in no particular order: Jonathan Curtis, Andy Harwood, Jeff Skidmore, David Eldor, Ewart MacLucas, Rudi Bublitz and John Lundqvist. John is originally from Sweden and has attended ADI via video since June from various places around the globe as he is making his way to New Zealand. He has yet to brave the veto gate. ? We still have two deals in DD and two deals to follow up on after ADI. The KiwiNet 2022-12 Pipeline Post is out. Worth checking out some early smart tech. Several of our portfolio companies have originated from that pipeline. What's the purpose of the goals you are setting? Simon Sinek puts it like few others!  LOL? The other day we received a note from a portfolio company that had a morbid spelling mistake. A little earlier it would have been perfect for Halloween. Also, on LinkedIn and over 2,000 FKA GIFs on GIPHY.