First up at last week's pitch night was Liz, founder and CEO of chnnl. Thank you to the 21 FKA Angels who have voted so far. With 20 YES votes, we have the necessary 50%+ support to progress to DD. Here is the pitch video if missed it on the night.

Andy will now assemble the DD Team. If you're interested to help, get in touch with Andy.Harwood@fka.nz. At FKA we believe syndication starts with collaborative DD!

Moxion opened a convertible note round on 1 January 2020 looking for $900k. The team has over $1M in the tank with strong support from existing shareholders. FKA investors have taken more than double their rights, committing $237k. Our investor rep Rudi would love to see this number bumped up to $¼m. Ask him anything, rb@fka.nz!

If you're interested to help with this FKA slot on that evening just flick Rudi a note, rb@fka.nz.

Rob Vickery is the managing partner of Hillfarrance VC and now also the parent of a baby boy. All the best to mum, dad and baby!

We've always known that Tim can be pretty vocal and relentless at beating his drums.  Here he goes again with another podcast with what can only be called a sensation grabbing title.

On 13 January 2020, the Regulatory Systems (Economic Development) Amendment Act (No 2) 2019 came into effect amending the definition of “code company” under New Zealand’s takeovers legislation.

Previously, unlisted companies with at least 50 shareholders, were automatically considered a “code company” and therefore subject to the provisions of the Takeovers Code.

The new thresholds are now total assets of NZ$30m or total revenue of NZ$15m. Now easier to be 50 and over!

An IPO is not always the perfect ending for a Kiwi startup. CropLogic, which has had its shares suspended from trading on the ASX since November while it sorts out its problems, said its directors had provided short-term funding in order for it to meet payroll and other obligations.

Of course, some IPOs never happen...

"Masa Son's Masterwork Is A PowerPoint Presentation About WeWork That Will One Day Hang In The Louvre".

Good news for NZ? WeWork will renovate eight floors of the heritage building, former upmarket department store Milne and Choyce, on Queenstreet into a mix of private and shared workspaces for 1,300 workers.

Sandeep Mathrani has taken over as the office-rental firm’s chief executive. He could scarcely provide a more striking contrast to WeWork’s founder and ousted boss, Adam Neumann.

Our first pitch night in 2020 is next week!

Andy is bringing chnnl - Erick is bringing Dasset - maybe one more.

Great Charlie and Wayne, you were the first to start ADI.Clinic in 2020! ADI Auckland only resumed this week.

However, our investor rep Garth is keeping a cool head escorting his skiing protege daughter on the Northern Hemisphere.

Proud to announce the public release of the NOVA motion platform, the Eight360 team want to invite you to a special launch on 19 March.

"To understand why, we can return to the high-stakes room at the Casino de Monte-Carlo. If you’re a venture capitalist, you are, like James Bond, playing mostly with other people’s money. Unlike James Bond, you’re taking a fee to do it: the more money you start out with on the table (the larger the fund), the more gets slipped into your pocket—and that’s before you play your hand."