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Another FKA Friday ● 30 September 2022#35

30/9/2022


	30 September 2022 #35		814

Eight360 is one of FKA's portfolio companies, and Terry juggles more balls than most. He tells you how he does it, in this NBR interview HERE.

Francisco Javier Arceo shares his learnings in Lessons from my Failed Startup or How not to be a founder.

21 angels invested in 2016 and can now look forward to exit proceeds from this investment. 14 angels invested in September 2021, several of them supported the September 2022 bridge round, which was very swiftly followed by series A with a US VC leading the round.

From TechCrunch. Investors are spending 24% less time looking at pitch decks in 2022, compared to 2021. On average, you have just under three minutes to convince them to take a meeting with you.

You get at least 20 min at ADI.Clinic with FKA and that is without pitch deck.

An email after yesterday's ADI.Clinic. Thank you, and the group, for making time to see me today. I was probably a bit quiet… I was expecting a quiet cup of coffee with just one. But, I got a lot out of it and enjoyed the face-to-face advice. At some stage, I’d like to do it again, with the other founders. I wish I could have brought them with me today. In the meantime, here’s the little video of the app.

Startup Weekend Auckland was a super learning event for participants and mentors alike. Joe was a participant, and Glen and Rudi helped as mentors. Once again, Glen avoided the photocall, he was away catching bigger fish.

Phil McCaw sent through this consultation invite for the Startup Advisors Council. Without photo on Humanitix. HERE GOES

"No Sex Please - We're British" □

Quotes from 2x 100 'Hustonisms'. □ Get a sense of the man

Business plans don't become obsolete
until after your check clears.

Angels who are the most polite to entrepreneurs
are the most impolite of all.

If unsolicited advice is the junk mail of life,
advice from those with no money at risk is the spam.

Also, on LinkedIn and over 2,000 FKA GIFs on GIPHY.

Another FKA Friday ● 23 September 2022#34

23/9/2022


	23 September 2022 #34		814

Just letting you know that we'll be on for our October pitch night! □️ 3rd Tuesday.

Founders should take this advice from Dave Berkus before they take money. PLAY

Angels get alerted to some weird and wonderful businesses. Like this one HERE. More silicon touch-ups at neuticles.com.□

Looks like the magic 10x (or less) is back... READ!

Thank you, Phil, for sending in this article. It says 'make sure you exit before your tech peaks'! Or are you commenting on the use of GIFs in this publication?

A win-win for buyers and sellers. Just shy of $100k worth of secondary shares are changing hands. That is liquidity before the liquidity event!□

Interesting analysis, a mountain of dry powder sits with VCs. Read on!

NZGCP is firing on TV ads.

Glen and Rudi are among the mentors this Startup Weekend. Glen didn't make the cut for the mugshot gallery, Rudi just scraped in with a profile shot.

Quotes from 2x 100 Hustonisms. □

The due diligence team made a left turn at scepticism and
ran to the Tunnel of Love.

The venture needed a much larger check...
a reality check.

When I write my first check, the forecasts are too good to be true,
but by my second check, the results are too true to be good.

Also, on LinkedIn and over 2,000 FKA GIFs on GIPHY.

Another FKA Friday ● 16 September 2022#33

16/9/2022


	16 September 2022 #33		813

There will be no pitch night this month. However, there are a number of likely candidates for next month's pitch night. The champions are working with founders.

Idealog picked up on the recent panel discussion that Julian So hosted. "Thanks to Rudi Bublitz, Flying Kiwi Angels; Cassie McAdams, Movac; and Rob Vickery, Hillfarrance Venture Capital, for sharing your wisdom." Read on!

Following on from last week's feature on Tectonus, comes the second of NZGCP's TV spot, go Cropsy! ● HERE, also comes another promo spot from FKA.

Glen and Rudi are among the mentors for this Startup Weekend. Mentoring is in shifts so if you have some spare time... Founders? Join in and REGISTER!

As Bogart said to Bergman, ❝Here is throwing money at you!❞

All is well and good now but we had some mail merge mayhem over this. 170 emails followed by the same number of corrective follow-up emails. The CCH says, thank you for everyone's patience.

Quotes from 2x 100 Hustonisms. ?

Angels lured by cheap valuations
should buy tattoos when they're on sale.

If you like life distilled down and sped up,
you'll love angel investing.

When anyone brags about their portfolio's imbedded gains
brag about the winning lottery tickets you plan to buy.

Also, on LinkedIn and over 2,000 FKA GIFs on GIPHY.

Another FKA Friday ● 9 September 2022#32

9/9/2022


	9 September 2022 #32		815

Founders, be careful when using baby photos for advertising! Spencer Elden, the baby from Nirvana's Nevermind album cover, claimed he was sexually exploited but his lawsuit has been dismissed. MORE

NZGCP comes hitting you with TV ads HERE. Imagine what FKA could do with that marketing budget... See our low-budget ad reel HERE.□

As Bogart said to Berman, ❝Here is throwing money at you!❞

We have a buyer for your shares in several FKA portfolio companies. The offer will hit your inbox soon.

Secondary shares (in contrast to primary shares) refer to existing shares that are offered by or solicited from existing shareholders. Not great during a fundraising round as the cash does not go to the company but otherwise it can be a win-win for buyer and seller.□

Suse and Bridget are still blowing the horn for the Angel Summit, Queenstown in October... REGISTER!

But before then, AANZ's last Runway this year. 14 September in Auckland.

Register—don't miss out!

Andrew is part of the Matū crew but is also an investor with FKA. READ his reflections on capital pathways, academic founders, syndication and co-investment.

From the NBR. People and team DD is an important part of angel investing.

Also, on LinkedIn and over 2,000 FKA GIFs on GIPHY.

Another FKA Friday ● 2 September 2022#31

2/9/2022


	2 September 2022 #31		818

Money is rolling in for Spoke, commitments for Cerulean [Spaces] by end of play today, and commitments for Chnnl next.

FKA has to comply with AML/KYC regulations even though angel investing is not the first thing that springs to mind for money laundery. Anyways, Garth stepped up to do what has to done. 1st annual report and audit done, phew! Thank you, Garth!

From the Economist. Angels love M&A exits more than lengthy IPOs. But what happes afterwards is not all roses.

HERE, a nice little piece by Zac Zavos from Shearwater. Equal founder shares may not be right in the long run.

Julian is a Flying Kiwi with a day job. He runs CFO4U—SaaSy beancounters for hire. They are so good that his team is one of three finalists, Xero Vertical Partners.

Funny things do happen with Zoom. Here with Ian Taylor.

Also, on LinkedIn and over 2,000 FKA GIFs on GIPHY.

Another FKA Friday ● 26 August 2022#30

26/8/2022


	26 August 2022 #30		817

FKA is a community partner for Sunrise Aotearoa. Hosted on September 6 at the ASB Waterfront in Auckland, a startup festival by our friends at Blackbird. It will be a day of inspiration and provocation! Blackbird have offered the FKA community a special discounted rate - head here.

ADI.Clinic runs every week, helping founders with advice, connections and more. Typically 5 or so angels in the room. We saw 3 founders yesterday and will talk to the smart team at Woolchemy next week. Join us if you're not sheepish!

From PitchBooks's ETI report. Q2 deal value down significantly, down 39% from Q1’s $8.3b, down 52% from Q4’s all-time peak of $10.6b. Web3/DeFi tops deal value, fintech falls: For the fourth consecutive quarter, Web3 & DeFi was the largest area of ETI investment. Fintech saw one of its weakest quarters.

The 2022 Bridgewest Conference will be in Wellington, New Zealand on 6th to 8th November 2022. REGISTER HERE.

Cropsy's Liela Deljkovic, who attended the recent Wellington Runway, tells why she loved it. The next Runway will be in Auckland on 14th September.

Register—don't miss out! Rudi says, "I'll be there!"

Interesting discussion kicked off by Harry Stebbings from The 20 Minute VC. HERE.

The customer service at VC-darlings like Uber and AirBnb is dropping. Is that a consequence of overfunding? More here. □

From CNN. Looks like competition for Soul Machines, sounds scary.

Also, on LinkedIn and over 2,000 FKA GIFs on GIPHY.

<<Previous

Another FKA Friday ● 30 September 2022#35

"No Sex Please - We're British" □

Quotes from 2x 100 'Hustonisms'. □ Get a sense of the man

Business plans don't become obsolete until after your check clears.

Angels who are the most polite to entrepreneurs are the most impolite of all.

If unsolicited advice is the junk mail of life, advice from those with no money at risk is the spam.

Another FKA Friday ● 23 September 2022#34

NZGCP is firing on TV ads.

Quotes from 2x 100 Hustonisms. □

The due diligence team made a left turn at scepticism and ran to the Tunnel of Love.

The venture needed a much larger check... a reality check.

When I write my first check, the forecasts are too good to be true, but by my second check, the results are too true to be good.

Another FKA Friday ● 16 September 2022#33

As Bogart said to Bergman, ❝Here is throwing money at you!❞

Quotes from 2x 100 Hustonisms. ?

Angels lured by cheap valuations should buy tattoos when they're on sale.

If you like life distilled down and sped up, you'll love angel investing.

When anyone brags about their portfolio's imbedded gains brag about the winning lottery tickets you plan to buy.

Another FKA Friday ● 9 September 2022#32

Register—don't miss out!

Another FKA Friday ● 2 September 2022#31

Another FKA Friday ● 26 August 2022#30

Register—don't miss out! Rudi says, "I'll be there!"

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Business plans don't become obsolete
until after your check clears.

Angels who are the most polite to entrepreneurs
are the most impolite of all.

If unsolicited advice is the junk mail of life,
advice from those with no money at risk is the spam.

The due diligence team made a left turn at scepticism and
ran to the Tunnel of Love.

The venture needed a much larger check...
a reality check.

When I write my first check, the forecasts are too good to be true,
but by my second check, the results are too true to be good.

Angels lured by cheap valuations
should buy tattoos when they're on sale.

If you like life distilled down and sped up,
you'll love angel investing.

When anyone brags about their portfolio's imbedded gains
brag about the winning lottery tickets you plan to buy.