Flying Kiwi Angels have just completed their due diligence on Moxion. LPs have voted unanimously to make this our 10th portfolio company. Moxion is a game changer for film and TV production cutting the delivery time of on-set footage aka dailies from 24 hours to under 2 minutes.
Angel investors love investing in serial entrepreneurs. Reflecting on my own investments I have to concede that there are very few of those in my portfolio.
We all know customer testimonials are one of the best ways of endorsing our sales and marketing messages. Indeed, when I look at startups pre-revenue as an angel investor I often only have qualitative customer testimonials to go by before real volume sales kick in. I think there are two principal types of testimonials that I'll call authority and authenticity.
In the 1990s my sole focus was Team 121 which we grew from 2 to 400+ SAP consultants and finally sold via trade to Logica. During that period of rapid growth, 100% year on year, I learned a lot about business and I met a lot of great people. We were hiring constantly and so many of the ex-121er have gone on to amazing careers. Today it is humbling to think that I was at some point responsible for hiring them into a role and company culture that was part of the mix that contributed to their future success.
All of the news about online data breaches of large corporations and government entities is a reminder to startups and small organisations, like angel groups, to think more about protecting their own data.
Startups: An "Alpha Male Pissing-Contest?"➀ makes a great opening line for this post which discusses why more ♀ angels are good for all investors. First some stats, then compelling arguments in favour of diversity, followed by an intro to five of the many sterling ♀ angel investors in New Zealand, for completeness sake, the ten source articles, and finally, for a humorous close, in contrast two different promo videos for ♀ angels.
Rudi Bublitz, David Russell and Heath Milligan storming to Global Startup Battle. A re-post of this original blog for SWAKL 2013.
As co-founder of a UK based SAP consulting practice we built from 2 to 400 plus staff within 9 years, I learned all about TEAM WORK.
The rapid growth could only be managed by a strong lead team that brought a complementary mix of skills and dynamic vision to build a flexible yet robust business. Within the first six months we added a counter balance to us two gung-ho co-founders, single and happy to take risk and to take on the world, with a safe pair of hands.