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.
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!