Another FKA Friday ● 21 July 2023#24

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21 July 2023 #24 818 Thanks to Jonty and David from KPMG for hosting our pitch night on Tuesday. It was good to hear how KPMG leverages AI. Funny though how AI had more to say about FKA than KPMG, albeit getting our portfolio companies mixed up. 4 sterling pitches: Integration Fox | SwalTech | HazEL | Evithé The first 2 videos are in: from Maggie-Lee for SwalTech, GO WATCH! from Cynthia for Evithé, WATCH TOO! Others to follow. All this means we'll have some DD 2 DO When angels do DD they should beware of confirmation bias. Don't read about it, hear about it from Tim! Venture capital firms have cut spending in the past 12 months. They have invested just $80bn into start-ups this year so far, with that number largely reflecting a string of blockbuster generative AI deals. Last year venture investment totalled $246bn, down from $347bn in 2021, according to PitchBook. From the FT. The Global Entrepreneurship Congress is four days of actionable intelligence, collaboration and collective action. It brings together thousands of voices, from more than 200+ countries to participate in creating one inclusive global ecosystem by networking, learning, and sharing. MORE, interested angels see here!  Julian So is a Flying Kiwi Angel with a day job, running CFO4U. He always has something to say, see here, his nuggets on budgeting for startups. TheGenderInvestmentGap.com cites NZ and US stats about the ratio of female-led startups. The gender ratio at our pitch night on Tuesday was 3 female founders to 1 male. Of course, there are other gaps, and one investor's gap will be another's opportunity. Jennifer (pictured last week) shares interesting insights on gender investing from Spice Startups □️ HERE! A read that would resonate with angel investors. Founders: don't build a unicorn Tim Warren is a Flying Kiwi Angel with a day job at Ambit. He will also be a keynote speaker at the upcoming M2 AI Summit. Also, on LinkedIn and over 2,000 FKA GIFs on GIPHY.