Watch out for Kiwi venture funds touting that message!

Too much “you should do this” and “you should do that” and not enough “in my experience,…” or “here’s what worked for me…”

Experience ≠ expertise. Interesting!

The new Active Investor Plus Visa increased the amount foreigners had to invest in New Zealand to buy a pathway to residency from $3 million to a minimum of $5 million and shifted the asset class from bonds to direct investment into unlisted companies. Only one so far! OMG! Nek minnit, nek dah - all good! OMG₂!

Many ill-founded hopes for a new crop of angel investors have crashed with it too. It would be tough to deploy $5m into early-stage NZ startups. The funds would more likely go into later-stage ventures and PE. But all that seems hypothetical as the real migrant numbers are coming through.

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.

Don't read about it, hear about it from Tim!

Who doesn't love geared investments? But beware! Say, you invest $100 into a startup, get a $30 tax credit, and $70 at risk gives you the return from $100 invested. If the startup fails, you lose $70 but keep the $30 tax credit.

However, none of that math helps with making good investment decisions, with bad decisions $100 simply shrinks to $30.

We had 6 founder sessions yesterday, including plant-based cheese—great taste, later-stage market validation with snapshot, exposure therapy with oVRcome (Ashley following up), and Nanobubble (Glen following up).

Integration Fox and HazEL from our portfolio companies will give an update.

And there will be more!