Join us to pitch to the GGW Sharks on Friday,
February 10, at 10:00 AM PST the judges will be
 
Bill Reichert
Partner at Pegasus Tech Ventures
 
Lucy Pless
Investor at Bessemer Venture Partners
 
Zamir Shukho
Founder & CEO at Vibranium Venture Capital
 
Duránd F. Davis Jr. 
Founding Managing & GP at M&D Ventures
 
Danil Kislinskiy
Founder of Go Global World
and others. 
GGW Sharks is a weekly recurring Startup Pitch & Networking event for tech founders to do elevator pitches to global investors without slides, get questions, and build global connections. So exciting to see our global startup ecosystem helping in business creation around the world.

RSVP now

Congratulations to Miguel Santo Amaro 🇵🇹🇺🇦🇪🇺 and team Coverflex!

Sifted: "Founders typically spend a big chunk of change every month on employee benefit programmes — from mental health to meal cards — but take up is often low. 

That’s the problem that Coverflex — a Lisbon-based flexible compensation startup — is looking to solve. Today it’s announcing a €15m equity Series A round to scale its all-in-one compensation platform, which already includes the likes of Revolut, Santander and Bolt as clients.
Here’s the pitch deck that Coverflex used to secure its Series A."

Are we in a recession?

“Now we’re in that period where you have to face the music,” said Fuse Senior Associate Sara Lindquist.

Venture-backed companies raised a total of $209 billion last year, down 36% from the year prior, according to a funding analysis by Ernst & Young. This funding slowdown is likely to continue in the new year, with interest rates still moving steadily upward in the face of persistent inflation.
To make sense of these headwinds, a group of venture capitalists shared their investing outlooks. The panel included Madrona Investor Elisa La Cava; Founders’ Co-op General Partner Aviel Ginzburg; Voyager Capital Partner James Newell; and Lindquist. The discussion was moderated by GeekWire Managing Editor Taylor Soper.
Read on for our four main takeaways from that discussion."
GeekWire

It took Instagram and Spotify around 2.5 months and 5 months, respectively, to reach 1M users. OpenAI’s new generative AI-powered chatbot ChatGPT, on the other hand, reached 1M users just 5 days after launching at the end of November 2022. In January 2023, it set another record, reaching 100M monthly active users after 2 months. For comparison, it took TikTok 9 months to hit the same threshold. Its climbing popularity is also reflected by a rapid rise in the volume of Google searches on the topic as well as the number of r/chatgpt subreddit subscribers.

CBINSIGHTS

What is a pitch deck?
How to create a pitch deck?
Tips for preparing a pitch deck and examples of the most popular pitch decks.  All this and more in the article "What is an investor pitch deck?"

We had our eighth episode of our GGW.Sharks event together with an amazing panel of investors:

Bill Reichert
Partner at Pegasus Tech Ventures
 
Lucy Pless
Investor at Bessemer Venture Partners
 
Zamir Shukho
Founder & CEO at Vibranium Venture Capital
 
Duránd F. Davis Jr.
Founder, Managing & General Partner at M&D Ventures
 
Danil Kislinskiy
Founder of Go Global World
and others.

And here is a list of some of our presenters:

- Alex Berenov - CEO at Eyrene

- Vamekh Kherkheulidze - CEO at Elven Technologies

- David Mead - CEO at Terra Bioforge

- Sergey SSh - Founder of MovingCompanyNearMe

- Mohsen Zehtabchian - Co- Founder of AMATEC

- David Trujillo - Founder of The Water Machine

- Jorge Suárez - CEO at Gastro Cloud

- Dan Cohen - Founder of FLITE Material Sciences Corporation

- Minh Phan - Founder of TheStarium.com

- Alexis C. Fox - Co-Founder of Lighter

- James Lowen - Founder of besti

- Jamie Van Doren - Founder of NeverEnding, Inc

Check out all of the pitches in the video.

Top 10 Fundraising Websites for Startups 💡 from Wen Zhang

And a big shout-out to Maximilian Fleitmann for sharing the resource! 💡

1️⃣ OpenVC
Hosts a database containing over 5000 investors across the globe.

2️⃣ DocSend
A secure cloud-hosting site for sharing pitch decks with investors.

3️⃣ BaseTemplates
A compilation of templates, checklists, and training programs.

4️⃣ Vauban
Enables an easy method of lining up investors to secure capital.

5️⃣ PitchDeckHunt
Contains over 200 templates of successful pitch decks.

6️⃣ Landscape
Allows business owners to anonymously review their investors.

7️⃣ Attio
An online platform to keep track of all your CRM records and processes.

8️⃣ Carta
With Carta, you can easily manage your cap table.

9️⃣ Crunchbase
A platform for finding business information about private and public companies.

🔟 Founder Resources
The place to go for curated resources & templates on every startup-related topic.

How VC's/ Investors/ Sharks evaluate Startups 😱😱 from Mohamed Nawito
“📌 Most startups are analyzed using three factors:

- Team
- Product
- Market

Startup metrics are indicators to understand how a particular startup is performing in different areas. ❤️
Some of the most common & important metrics are -

⭐ LTV/ CAC - It compares the value of a customer over their lifetime to the cost of acquiring them.

Very important for E-commerce & SaaS companies. Higher the better.

⭐ TAM, SAM, SOM - It helps investors to understand the target market size of the startups.

Using this, they estimate scalability and the possible extent of their returns like at least 10X or more. Higher the better.

⭐ DAU/ MAU - It's a user engagement metric that evaluates Product - Market Fit of some startups popularised by Facebook.

Above 20% is considered good. Higher the better.

These metrics have some limitations too & it's important to use the right metrics at the right places.”

Hi GoGlobers!
We had our ninth episode of our GGW.Sharks event together with an amazing panel of investors. Watch here

Our friends at SV Venture Group will have their Pitch Event on Feb 22. Post Revenue - Series A - Bridge - Seed - Funded 

AD Knight - AD Knight is developing novel technologies for understanding where people are for pedestrian safety and traffic management applications. Jonathan Abir

B Generous - a venture-backed FinTech company that is addressing the half-a-trillion-dollar underserved donor nonprofit market in the U.S.Paul Kalms, Neil St. Clair

Cerebrum Intelligent Tire Technologies- Industry-leading technology company building AI-based Intelligent Tire Solutions for vehicle tires.Keith Ferry

Loopie - Providing an alternative to doing laundry, and an opportunity to work from home through our peer-to-peer managed marketplace.John Vincent Lee

TrueAlgae - AgTech startup and brings the multi-faceted benefits of natural, regenerative, sustainable microalgae to the world.Oscar M. Lumen

Vennly - is an audio platform that enables the secure distribution and consumption of company audio content.Max Engel

RSVP

Hi GoGlobers!

We're launching a daily podcast series with Chris Gonzales, where we strive to talk about the most intriguing topics within a 5-minute timeframe.

Chris Gonzales is a GGW Ambassador, former US Army Officer, former Team USA member (powerlifter), Gen Z, early-stage Venture Capital professional. Lover of people, products, and sports.

Don’t miss our first episode on "Bridge Rounds - What founders should be aware of raising in a down economy?" Follow us on Spotify by subscribing to our podcasts.

Hi GoGlobers!
Our next podcast episode covers the topic of Pitch decks, so be sure to give it a listen.
Pitch Decks - What Investors don’t want to see in Pitch Decks?

Deal of the week: Dronamics.
Dronamics has obtained $40 million in pre-series A funding to create the first-ever drone airline for cargo transportation. To learn more about this groundbreaking accomplishment, you can listen to our next episode of GGW podcasts with Chris Gonzales.

Hi GoGlobers!
To declare profits or losses from a business or self-employment as an individual proprietor, utilize Schedule C (Form 1040).
If you encounter any confusion while completing Form 1040, we have created a helpful video that aims to address most of your inquiries.
Watch here

Last year was a record year for venture capital fundraising, but some investors are warning that big “dry powder” figures are an illusion, and won’t translate into much startup investment in a year that's already off to a rocky start. In 2022, VCs raised a grand total of $162.6 billion across 769 funds in fresh capital, per PitchBook’s latest data. That followed 2021’s own venture fundraising record of $154.1 billion.
As of Sept. 30, 2022, there was about $298.5 billion of dry powder, per PitchBook. (the source)

"What is dry powder?" in a new GGW podcast episode with Chris Gonzales.

Hi GoGlobers! Finish off your Friday by listening to the new episode GGW Podcasts with Chris Gonzales. 🙂
Meta Verified Startup Case Study

Our GGW podcast's sixth episode with Chris Gonzales is something we would like to invite you to listen to: Is Venture Capital going away as an asset class?

We had the tenth episode of our GGW Sharks event together with an amazing panel of investors.

Check out all of the pitches in the video below:
https://youtu.be/59Kor8337sU

#event #pitch #investors #startups #elevatorpitch

Healthcare Startups
We express gratitude towards all startups for their contributions and the work they carry out. Their efforts are crucial for the advancement of human health.

Circles is a mental healthcare startup that is revolutionizing the way consumers access support groups. Through the company’s laser-focused, professionally-led groupings and accessible pricing, users are able to more easily access the care and support they need.
Founders: Irad Eichler

Levels is a health and wellness startup that offers a platform for monitoring metabolic fitness through real-time blood glucose tracking. The goal of the platform is to provide users with an effective tool to optimize their own health through diet and exercise.
Founders: Casey Means, MD, David Flinner, Josh Clemente, Sam Corcos, Andrew Conner

Parsley Health is an innovative take on modern healthcare and primary care. By offering a platform that integrates cutting-edge medical testing and technology as well as impactful nutrition, wellness, and prevention research, Parsley Health provides customers with a holistic medicine experience.
Founders: Robin Berzin MD

Bloom Diagnostics provides a democratized medical test experience, putting consumers' health back in their own hands. Users of Bloom Diagnostics’ products are able to track, maintain, and improve their health using the startups’ diagnostic devices.
Founders: Tom Kupper

Vori Health is a healthcare startup that uses a holistic approach to healthcare, prioritizing musculoskeletal care. Their services are all-inclusive, providing physical medicine and therapy, rehabilitation care, prescriptions, imaging and labs, health coaching, and more.
Founders: @, Ryan A. Grant, MD, MBA, FAANS, Mary O'Connor, MD Oly

NervGen Pharma Corp. is developing treatments to help the nervous system heal itself. These disorders, which can include anything from spinal injury to Alzheimer’s disease, are the result of damage to the nerves.
Founders: Harold Punnett, Bill Radvak

Arise is designed to help people with eating disorders. The platform offers virtual support at a time when more than 30 million Americans will experience some type of disorder in their lifetime, and up to 90% of them will never get care for it.
Founders: Joan Zhang, Amanda D'Ambra

Intellect is paving the way for better mental health for workers in Asia. With so many people suffering from burnout and low productivity, technology puts people in touch with behavioral coaches and licensed psychologists to improve mental well-being.
Founders: Theodoric Chew, Anurag Chutani

Patina is reimagining primary care for adults aged 65 and up. The goal is to help people build trusted relationships as they manage the aging process by providing a team to help people navigate the system.
Founders: Jack Stoddard Jack Stoddard

and others

What is Corporate Venture Capital (CVC)? How can it benefit founders? Chris Gonzales tells you in our new podcast episode GGW. Follow us on Spotify.

Our GGW podcast has a new episode with Chris Gonzales discussing the next topic "A Venture Capital Fund dedicated solely for Commercial Aviation Fuel". Click here to listen.