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The Girls Table Newsletter
5/18 - This Week in Venture Capital & Start-ups
Welcome back to The Girls Table's Newsletter! This weekly newsletter will share key insights into start-ups, venture capital, and the community. Join our Telegram to hear about upcoming events, job opportunities, and connect with like-minded individuals!Also, don't forget to respond to this newsletter with a quick "Hi" so it doesn't get buried in your promotions folder!
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Here is a breakdown of today's newsletter:
🥳 Events & Community
🎙️ New Podcast Episode
📈 Start-Up Investment Opportunities
💰 Venture Capital News
🥳 Events & Community:
Below we have provided our tentative list for the rest of 2023 but if you want to see a larger list of events, check out a larger list one of our community members made here:
LA Tech Week
Also, if you don't want to miss out on future events we will be hosting during 2023, join our Telegram group to stay up-to-date. The chat has been growing and it is so amazing to have such an awesome inspiration group!
🎙️ New Podcast Episode:
In this episode of The Girls Table, Elana Dickman also known as TradingFemale is joined by Alexandra Wilson who was the Co-Founder of Gilt, which grew to $650M+ in revenue within 5 years of its launch and sold to Hudson’s Bay Corporation. She was also the Co-Founder of beauty services leader GLAMSQUAD, as well as a closet organizing and styling company Fitz, which sold to Tradesy.
Today, Alexandra is the Co-Founder and Managing Partner of the growth equity fund called Clerisy, investing in consumer and techsumer companies. Alexandra has been an avid angel investor and/or advisor to over 80 consumer tech companies including Rent the Runway, The Mirror, Carbon38, Tula and Flow Commerce to name a few.
Do you know any entrepreneurs, creators, or investors who you think have an amazing story? Please reply and share them with us so we can continue to have the most inspirational individuals on the podcast.
📈 Start-Up Investment Opportunities
Please keep this confidential.If you are an accredited investor and interested in expanding your start-up portfolio, we have provided some investment opportunities that are currently active through the Red Beard Ventures Syndicate. The minimum amount to invest per deal is $1k! Please reach out if you have any questions.
0-G Launch: Better Rocket Launch Platform for the Growing Space Industry
0-G is building a fleet of Boeing 757s specially designed for precision high altitude flight
The first purpose of these aircraft is to launch rocket payloads high in the stratosphere
The second purpose will be flying long parabolic dives for zero-gravity testing and consumer experiences
Edison AI Systems: Zapier for AI, Link Multiple Models into One Workflow
Edison AI is building a web platform to build complex, interoperable AI systems
Developers can cut their time and costs by 60–90%, deploying in days, not months
The platform can operate as no-code or low-code, meaning even novices can link together StableDiffusion, GPT-4, a voice mimicking AI, and more!
Texas Ranchers, Major League Pickleball Team: The Fastest Growing Sport in the World
Ranchers global is acquiring the Texas Ranchers, one of the top pickleball teams in the league
The investment also comes with a stake in Major League Pickleball itself
The popularity of pickleball exploded in 2022, with now 36 million players worldwide
Siegelman Stable: Streetwear with a Conscience - Gary Vaynerchuk Lead
Rapidly gaining mass appeal and A-list celebrity endorsements
Nearly one million dollars in gross revenue in 2022
Founded by the son from a top horse racing family, Max Siegelman, past collaborator with Kanye West, NBA teams, Puma, Hypebeast, Lexus, and more
One Earth Rising: Ownable Interoperability for Modern Gaming
Their standard has self-sovereignty and a format game engines can understand
This format seeks to become industry standard
All facets of the asset - items, moments, stats - are able to be minted
Meratas: Expedia for Student Loans - Last check, Oversubscribed Round
This round is led by Jason Calacanis, legendary investor from The All In podcast
Multi-lender marketplace allows users to compare and loan offers to compete
110 schools are current paying customers, at $1300/mo
Projected revenue of $6M in 2023
GET protocol: The Premium NFT Ticketing Solution
GET has been building NFT ticketing since 2016
They have a full range of ticketing products for event holders, from self-service to full concierge, and also whitelabel solutions
Issued nearly 3.4 Million tickets (1.7M in 2022 alone), over 17k events
Investment includes a token grant AND discounted token purchase rights
Simply Eggless: The Future of Egg Alternatives
Simply Eggless is the second-largest producer and supplier of plant-based eggs globally, with a revenue of $2M in 2022
Their products are sold in over 2.8k stores in North America and the company is looking to expand to 1k more stores, serving their massive popularity among Gen Z and Millennials
The main ingredient used by Eggless is lupin bean, which offers high protein, excellent baking functionality, and is environmentally friendly
The competitors in vegan egg alternatives all fall behind Simply Eggless, which has a much more versatile and shelf-stable product
Blocklords: GoT Meets Axie - Revolutionizing Play-To-Earn Gaming
Blocklords already has 120k pre-registered for their play-to-earn game
The medieval-based game allows players to craft their narrative while simultaneously earning cryptocurrency for tasks they complete within the game (Play-to-earn model).
Blocklords is focusing on delivering value to the user first to build up the user base and ecosystem first - This approach seems to be working by their massive sign-up and connection numbers
Money earned can be used to progress in the game or traded on crypto exchanges.
Bitscraft, Delphi Digital, and Animoca Brands are all investing
SAFT, $100M FMV
💰 Venture Capital News
PitchBook: Q1 2023 VC Valuations Report
The earliest stages of the venture ecosystem have been affected by a liquidity crunch and a market that is increasingly investor-friendly.
The median seed pre-money valuation reached $12.9 million in Q1 2023, showing a growth trajectory since Q1 2020.
Late-stage deal sizes have experienced a significant decline, with the median deal size falling 25% to $6 million. This is the lowest figure observed since Q2 2017.
The median venture-growth pre-money valuation in Q1 2023 dropped to $90.0 million, a significant decline from the record figure of $355.0 million in 2021.
Public exits have been challenging, with only eight companies managing to exit via IPO in Q1 2023.
👋 That’s all for now friends! See you next week.
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Disclaimer: The Girls Table DOES NOT provide financial advice. All content is for informational purposes only. The Girls Table is not a registered investment, legal, or tax advisor or a broker/dealer. Trading any crypto-related asset is extremely risky and could result in significant capital losses.
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