Congrats from all of us at FKA! Remember we have the 3 ticks rule at FKA and the 3 months rule. The FKA honour calls for the lucky beneficiary of an EXIT to shout an unsolicited drink to any other FKAngel, on sight, for the 3 months after EXIT ???

Loving you Cornelius, not just for the next 3 months

10 Aɴɢᴇʟɪᴄ CPD Pᴏɪɴᴛs for reading his report on US trends, valuation methods, case studies and more.

I’m not 100% convinced of their method as it seems a bit complex and at such an early stage, valuations are a bit of finger in the air stuff. However, the Berkus method is more subjective than their method and perhaps also too simple now. I’d like to try the Seraf method on the next DD and compare to Berkus.
☞ Be nuanced and register here for this early morning webinar!

1) Global Report 2018  2) NZ Ecosystem Assessment  3) NZ Video Commentary

Note: Our Chief GIF Maker realised too late that genome ≠ gnome.

Then at 13:00, interviews to help Janine, an Irish Academic in Auckland, with her research about the NZ angel world.

Hot Lime Labs, our portfolio company #12, has come via KiwiNet. The day session will be full of new smart ideas and is well worth attending. The evening is all about celebrating success.

☞ Find out more and register here and bring another HLL to FKA!

Below are the pitch videos from Yabble and Black Pearl. Our normal voting process is underway to decide if we should proceed and assemble a DD team. Thank you to Debra and Cornelius for championing Yabble and Josh for championing Black Pearl.

Awesome! Thank you, Julian, mentors, even if you can look scary in numbers.

1. Arron Patterson 
2. Cornelius Boertjens
3. Garth Hinton
4. Genevieve Tearle, regular mentor
5. Nelson Wang, Zino
6. Rudi Bublitz
7. Simon Brown, angel prospect
8. Victor Tsai, Zino

Special thanks go to Generator and Innovation Captial (Elizabeth + Rory) for making this happen. See more details, join our Meetup group and, most important of all, join us for the first AAA event in June.

Little know fact: Rory can probably pitch the FKA model better than most.

Sadly he has unsubscribed from this newsletter and will miss out on our reverent GIF. See you at Fieldays, Bill!

• They charge 20% carried interest on all exits, yet the investors choose their own investments.
• High membership fees. If you don’t pay their highest fee, then they charge CHF 100 for visiting every investment evening.
• I haven’t been able to find out for sure, but I think they charge fees on every investment. (Yes, 6%)
• Then the killer for me - they charge startups to pitch !! The fees I saw were around CHF 250 per session. 

Josh has just renewed our sponsorship agreement with KPMG who have been instrumental in helping FKA become a respected and influential player in New Zealand's startup ecosystem. We should do this again!

Martin wanted to bring GoNativeXP.com, also Jai and Uli have on up their sleeves but none pitch-perfect yet. Cornelius and Dreba might team up to bring a last minute entry. It looks like we'll have our hands full in the second half of the year.

However, we'll have some updates including Moxion and more from Debra, the first FKAngel who publicly outed her grandparent status. Are there others? Tim will give an update on the new R&D subsidies. Let's also brainstorm on "AAA".

The recent months have been stressful, a race to scale up production to satisfy orders for more than one million ZOZO suits. A race that was sheer impossible to win.

Rudi caught up with Investor Rep Chris recently who stepped in virtually full time to help SSL management. Post investment is not always glorious and about exit negotiations but can also involve crisis management. Thanks a million, Chris!
Remember: All press commentary should go via Chris and please do not volunteer conjecture or opinions that could be harmful to StretchSense or reflect negatively on FKA. 

Velocity - Innovation Challenge
Ah Song Sunwoo, Glaister ◇ Debra Hall ◇ Hattaf Ansari, NZVIF ◇ Hengjie Wang, Kami ◇ Rudi Bublitz ◇ Scott Campbell

Zino - New Kiwis Challenge
Debra Hall ◇ Rudi Bublitz ◇ talk to Debra to join this great initiative

0. Ventures - Growth Progam
Heath Milligan

The first HLL quarterly newsletter has also been published since then.

LinkedIn drives a lot of traffic to our site as do Rudi and Josh, in that order. Some more humorous responses included 'referred by God' and 'It was Rudi's particular fashion sense on a forest drive day that drew me to want to learn more :)'.

• Exporter with Sales of $0-1M or $1-10M
• Bilateral Connections or Entrepreneur/Innovator

FKAngel Tim G reckons Kiwi expat Graham Dockrill wrote an interesting article on balancing incremental and disruptive improvement. That's worth keeping in mind when looking at startups!