FKA 😇 Advice, Connections and Funding for NZ Startups
  • Home
  • Blog
  • News
  • About
    • Angels
    • Founders
    • Partners
    • Contact us
  • More
    • Resources ⚒️
    • Calendar 🗓️
    • Internal 🔒
Picture

Another FKA Friday ● 24 March 2023#24

24/3/2023

 
*|MC_PREVIEW_TEXT|*
24 March 2023 #07 823
Thank you, KPMG for hosting our March pitch night. We had more Germans in the room than usual, and also more women than usual. Thank you to the presenters: Terry from Eight360, Debbie from Vince, and Mario from Organic Bioactives.
More on the follow-up over the next weeks.
The video tells you what Narrative Muse sets out to achieve—a worthy ambition that you can support via this PledgeMe campaign.  
Yesterday several Flying Kiwis received a suspicious email purporting to come from Andy. He did not send these emails. Incidentally, he was undergoing eye surgery to restore his 20/20 vision.  He is looking after our deal flow and needs a sharp eye for startups!
Andy
The range of founder ownership at exit/IPO can be quite wide and is dependent on a number of factors, the primary of which are the ability to command high valuations during fundraising and capital efficiency. Read on...

From the NBR. "Phase One’s ambitious goal was to produce 10 Kiwi tech unicorns by 2026, something Muralidhar now admits is unlikely to be achieved in that timeframe.  But, in a PR spin worthy of a politician, he says the value of setting an ambitious goal has been fulfilled."

See this update from EasyRent—one of the P1 cohorts!
Proved AKL, then Sydney,  now NY

The Auckland mayor is slashing budgets and GridAKL is likely to face the death that comes with the axe. GridAKL is FKA's HQ and we run our weekly ADI.Clinic there. 

Spare a moment to tell the Mayor how important GridAKL and the John Lysaght Coworking Startup space are for the startup ecosystem.

Tell him  HERE

From the FT. MindGeek was acquired by Ethical Capital Partners. The company was brought to the brink of collapse in late 2020 after its flagship site Pornhub was cut off by the payments networks following investigations that identified unlawful content on the platform.

How "ethical "is ECP?

Funds tend to select staff and investments that remind them of themselves. And it leads to suboptimal outcomes…the more affinity there is between two VCs who co-invest in a new company, the lower the likelihood of the company succeeding.

Groupthink is bad for returns! See a lively discussion seeded by Michael Jackson.

From TechCrunch. Vinod Khosla’s advice for top VCs? Don’t sit on your founders’ boards. We say, beware of angels who have more money than experience and behave like backseat drivers.
Also, on LinkedIn and over 2,000 FKA GIFs on GIPHY.

Comments are closed.
    Picture

    RSS Feed

    Categories

    All
    Veto Gate

    Archives

    March 2023
    February 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    December 2016
    March 2016
    February 2016
    December 2015
    October 2013

Picture
Picture
  • Home
  • Blog
  • News
  • About
    • Angels
    • Founders
    • Partners
    • Contact us
  • More
    • Resources ⚒️
    • Calendar 🗓️
    • Internal 🔒