Wednesday 10 July, 17:30 - 19:30, Rewired, Level 2/96 St Georges Bay Rd, Parnell. Interested? Email Dave!

Monday, 26 August, 17:00 - 20:00. Pls, diarize and email Jennifer.

*⁾ or Campbell of course

The industry that Nicolas operates in imposes a strict security regime which is why time and venue cannot be publicised.

www.fka.nz/resources/legal-templates

Sadly, you've missed Bill's webinar which was yesterday at 4am but thankfully Lawrence has shared this ☞ interesting article on value.

Extract: Here’s the perfect business idea: Open a Hundred Dollar Bill Store™. You sell hundred dollar bills for ninety dollars each. You’ll lose ten dollars per transaction but you’ll do a trillion in revenues in year one. Maybe you show an ad to everyone who walks into the store and you break even. User growth will be on the order of 1000% per month. A billion users. You’ll be the biggest IPO of all time when Goldman’s underwriters get wind of that growth rate. Go public and let someone else worry about a competitor selling hundred dollar bills for eighty-five.

Our June pitch night is upon us.
KPMG, 18 Viaduct Harbour Ave, AKL
Tue, 18 June 2019, 18:30

However, if any Angels wish to blow the Veto Horn, they should notify the Board in confidence of any concerns.

However, if any Angels know of reasons to block him, then they should notify the Board in confidence of any concerns.

Akudos, the people who are all about making people feel valued, have reached 18 votes of support for DD. With that Lawrence has his work cut out. We have some volunteers to help with DD already but there is room for some extra brain power.

Please get in touch with Lawrence.Levine@fka.nz directly.  

Julian and Phil are going in on the Kiwi Fintech Accelerator LP Fund with others via the AngelHQ nominee. Thanks, AngelHQ! It doesn't make sense to consolidate less than five investors on a nominee for an investment into a fund.

Existing FKA Nominee shareholders have invested a further $30,000 in the Vesper Marine 2019 Round. It's all about marine safety!

Commitments for the FileInvite 2019 Round are building. Garth has lined up pitches up and down the country and in Australia. This could see him beat our Syndication Queen Debra.

An interesting infographic that lets you dynamically see how old the founders of big-name businesses were when they started their business.

For example: James Casey 19 [UPS], William Boeing 35 [Boeing], Charles Flint 61 [IBM],

Kate was with KPMG in 2017 when she raised $3,206.85 for Lifewise. Now she is with Datamine and pay is still miserable. HELP KATE!

Angela Saini's article is a sad testament of how the power of women is simply being ignored. FKA sees a lot of entrepreneurial women in science startups. We value the opinions of our female Angels because we know diverse groups make for better outcomes!

In July 2016 Domecq expressed interest in joining FKA and shared her IM for Innovation Foundery. She never got back to face the various concerns raised by a number of FKAngels. 

This week's NBR article "Domecq opts for bankruptcy as Aussie investors close in" as "millions of dollars are still owed to creditors of several companies linked to Ms Domecq".

According to press articles, Rob Campbell was associated with Domecq in several transactions and governance roles.

This Telegraph article from 2010 was telling.

Sadly the ACA notice for this aptly named session came a little too late and the NZ time of 4am would have been a little early. 

All of you, here comes the video to show what you've missed out on if you didn't join the flight of 50 on Monday 20 May 2019.

We're running ADI.Clinic at eight sites across the country with the help of other angels groups that are stepping up in the regions. Whangarei is one of those sites and Akudos comes from there after the team has been coached by Lawrence over several months.

This is their pitch video, FKA's 34 Voting Angels are currently deliberating whether to proceed to DD. Nearly half the votes are in so far and there is clearly interest in Akudos.

"It will be administered by the Super fund, with NZVIF making the investments through private sector fund managers."

"The Venture Capital Association had expressed concerns that if NZVIF went it alone with investments, bypassing private fund managers, that would run counter to its original remit of helping grow a strong private sector venture capital industry in New Zealand and could "crowd out" private investment." ☞ full article

Also, ☞ this article.  "[...] Icehouse chief executive Andy Hamilton also said the challenge would be getting the private sector on board to match the investment." Meaning increase the $3m($100m) fund presumably?

Ping Garth.Hinton@fka.nz for more info.

The above shot shows impeccable timing from Lance Wiggs. Still, he is clearly better at investing than photography.