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Another FKA Friday, 27 November 2020 #42

27/11/2020


	27 November 2020 #42	766 ʀᴇᴀᴅᴇʀs

Rob Vickery will act as our Rangemaster and he will also provide the cabbage heads. Each of his 10 scouts will provide 10 heads garnished with a crazy shock of yellow floss.

We are still looking for a qualified astrologer to step forward and set the best date and place for the training

The team at HLL #13 has switched on the Xmas lights painting the greenhouse red and making Vlatko dye his beard white. The pilot trial with Gourmet Mokai is going full steam ahead. More...

Next Thursday, 3 December, 18:30 drinks □ 19:00 dinner □

Xmas dinner for FKA Angels and those who want to dine with angels

Le Vietnamese Kitchen, 107 Ponsonby Road, Ponsonby

$55pp - register here

Last reminder about three early pre-seed deals that are closing today.

Komodo ○ Kwotimation ○ Well Revolution

FOMO? Ping Rudi

The investor report from Kami #02 is just out. The team have done exceptionally well under Covid, in fact, have been helped by Covid. Phenomenal growth! Now in 50 countries, helping schools on every continent.

If you didn't get your copy ping David.Russell@fka.nz

The Hollywood Professional Association has awarded Moxion the Engineering Excellence Award. The video explains what Moxion #10 is all about. Spot the founder Hugh in black tie □

Also, Garth has joined the Board of Moxion this month. He is a big fan of boardPro and will onboard his beloved toolset in yet another FKA portfolio company in 2021

Brett the founder of boardPro has a deal for FKA portfolio companies that want to lift their governance game.

Tim has been a regular mentor at ADI Wellington since forever and gets big ticks from Josh, Ian, Phil and Rudi. Before we open the haven's gate to angeldom the obligatory question. Does anyone know of any reason why Tim should not join our group? Please, tell the Board in confidence.

Christelle from Proxi prepared this interesting Kiwi SaaS infographic. "We had 47 respondents to the survey. During our Southern SaaS workshops, we asked the participants (close to 100) to score themselves on 3 of the questions and got the exact same results as in the survey."

Great guest speakers at this virtual event. Check the agenda!

Nick was our FKA apprentice in 2017/2018 and is now an analyst with Blackpeak Capital in Sydney. He has talked with Glen, Erick and Maheen. Unless anyone knows of skeletons in his closet he'd make a very fine angel. Tell the Board in confidence if there are any bodies buried

Debtor Daddy #08 has just come out with a new video and ebook to real in the punters. Check it out!

FKA and other Kiwi investors help clean up the mess in the UK that is fly-tipping. FKA's #6 portfolio company iDefigo.

Should FKA create an award? What would it stand for? Who would we give it to? How many? How often? More here...

Anther FKA Friday 20 November 2020#41

20/11/2020


	20 November 2020 #41	765 ʀᴇᴀᴅᴇʀs

Not so much fighting the virus as helping Kiwi startups

Three great pitches, funeral streaming, hyper-graphical blogging and mindfulness for Muslims. After animated Q&A, all topped off with a Sabrage, thanks to Julian Lambert.

Peter pitched OneRoom. He wants to take this business from $250k MRR to the next level. Email Peter for more info, he is looking to restructure with smarts and money.

Andy has more on the other two pitches.

The shampoo selection meme that is circulating on the internet poses an interesting question of how male and female angels pick their deals. Smart angel groups leverage the wisdom of both genders for better outcomes!

Rudi and Hattaf visited the Sharjah Entrepreneurial Festival in UAE last year. This year you can join the virtual event for free, lots of top speakers from around the world. Sharjah has built a startup ecosystem in record time, money, of course, helps a lot. Grab your ticket here!

Angels are training for the moonshot, others are surfing on cloud 9. Pauli from GridAKL and James from KPMG are getting married this weekend.

Our best wishes for both weddings ?

This graph shows shipments of cameras over 40 years. Digital cameras multiplied the market by 5 in ten years. Then smartphones killed it in five years. Shift happens! Shit happens!

Angels love multiples, the bigger the better. Some interesting numbers!

Newsletter ➢ ᴀFKAғ•2020#40

13/11/2020


	13 November 2020 #40	762 ʀᴇᴀᴅᴇʀs

Last pitch night of the year! WED (NOT TUE) 18 November, 18:30.

Hosted by KPMG, 18 Viaduct Harbour Ave, Wynyard Quarter.

If you are no Angel ask an Angel to bring you as a guest

We have reasons to perform a sabrage or two ?

Will Potentia Julian & KPMG James top our past sabrages?

Two startups from the FKA stable, Kami and Chatterize made it into the HolonIQ Australia & New Zealand EdTech 50. That is also 100% of FKA's EdTech companies. Chasing NZ EdTech guru Moskovitz

Watch the 20,000,000 users video! From guess who

Garth, our post-investment manager, sets a fine example and wins the Puawaitanga Award at the 2020 AANZ Angel Summit.

"It recognises the Founder and Investor Director who exemplify what can be achieved when two committed people draw on their collective skills and experience to move forward an 'enterprise company in waiting'."

FileInvite was literally Garth's baptism of fire in the world of angeldom but he is lucky with a founder/CEO like James

Two FKA portfolio companies looking for extra staff - GOOD NEWS!

Hot Lime Labs is looking for a superstar student chemical engineer or chemist. More here.

Moxion is looking for a full stack developer to deal with the influx of work from film studios around the globe. More here.

FORWARD MULTIPLES: This is a preferred metric used to value SaaS companies, who generally carry very few assets, little to no profitability, but all kinds of potential. That number is wildly variable and often bonkers - as of June 2020, the median SaaS valuation multiple for public companies stands at 11.4x ARR. So how is that number calculated? The answer?.....it depends: But a companies revenue growth and sales efficiency dominate the model. Cash flow margins, net income margins (profitability), gross margins, and many other metrics are largely irrelevant.

Unshamed lift from the great newsletter that Jon Davies puts out every week

See that LinkedIn post but also Michael Murphy's top five takeaways from the summit

Where is Wally? Where is Andy? Debra? Garth? Gavin? Heath? Julian? Nawaz? Rudi? More pictures here.

A crowed afternoon, yesterday at ADI Auckland. Not only founders had to wait their turn, with nine angelic mentors they had to take turns too in order not to overcrowd the meeting room. The excitement, especially from Garth, is due to a skincare range for men. Glen took home the pies.

Some interesting propositions, Deal Flow Andy will follow up

We bring you three Parties!

Check out the new coworking space for CreativeTech. What better way than going to the opening party, Wed 2 Dec, 18:00! REGO

Brent, Lachlan and team are celebrating NZ$55m for science and advanced engineering ‘deep-tech’ investments in NZ.

Launch party - Tue 8 December, 16:30 - 19:30. REGO

Note from the editor: Photo sourced from the web.

Thu, Nov 19 · 17:00 It's party time in Wellington! Secure your spot here.

Spot in the pic at least one Trevor Dickinson who has picked more startups to invest in than most.

"The facts and figures show that everything is pretty f@!$ed in regards to our mental health!" Jimi Hunt is touring the country with FREE talks to recalibrate our concept of mental health. The same Jimi who built the longest water slide in the world near Auckland in 2017.

Sadly, many of the attributes that make great founders also mean they are faced with more mental health issues than most. We Angels also have a responsibility to help with this!

Great to see GridAKL, Mum's Garage and Selfstarters come together for this pre-Xmas gift for Kiwi founders and peeps with an idea. They would also appreciate some Angels in the wings (with wings). REGO

Newsletter ➢ ᴀFKAғ•2020#39

6/11/2020


	6 November 2020 #39	760 ʀᴇᴀᴅᴇʀs

Serge van Dam was decorated, well deservedly, with the 2020 Arch Angel Award only minutes after his double act presentation with CoGo founder Ben Gleisner. A business that is gunning for a moonshot!

Another FKA Friday, 27 November 2020 #42

27 November 2020 #42

$55pp - register here

Komodo ○ Kwotimation ○ Well Revolution

FOMO? Ping Rudi

Anther FKA Friday 20 November 2020#41

20 November 2020 #41

Our best wishes for both weddings ?

Newsletter ➢ ᴀFKAғ•2020#40

13 November 2020 #40

Newsletter ➢ ᴀFKAғ•2020#39

6 November 2020 #39

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