- The Cap Table
- Posts
- The Girls Table Newsletter
The Girls Table Newsletter
4/27 - 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!
GM,
We are writing this after a great day of meeting so many of you IRL at Consensus! We hope everybody here is having a great time!
Here is a breakdown of today's newsletter:
🥳 Events & Community
🎙️ New Podcast Episode
📈 Start-Up Investment Opportunities
💰 Venture Capital News
🥳 Events & Community:
It was so amazing to speak at the World of Women & Outlier Ventures Event with a group of Women Baddies in VC!
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 Randi Zuckerberg and Debbie Soon who are the Co-Founders of Hug. They share key insights into:
👷♀️ Building Hug
💸 Closing their $5M Seed Round
🤝 How they Successfully Connect Artists with Collectors
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.
Ranchers Global: Acquiring a 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
Storybook: #1 parenting app in 90 countries
We are cosyndicating with Umami Capital
$1.9 M in ARR, growing 20% monthly
Strong investor roster including Goodwater, Jason Calacanis, Magma Partners, Google Latino Founders Fund
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
Toka: Cybersecurity Tools for Modern International Protection
Second year of revenue doubled with multiple government PoCs
Gross margins more than 90%
$22M forecast in 2023
Backed by Andreesen Horowitz
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
The Sandbox: Global leader and largest metaverse platform
$SAND is a Top 50 Cryptocurrency >$2B
$250M+ current virtual real estate LAND value
>$700M digital asset portfolio
$4.3M highest LAND price paid
~3X more LAND sales than competitor Decentraland
250K+ creators and brands are using the no-code tools to mind new items and experiences each month!
Knights of Degen: Co-Founded by Drew Austin! Web3 Sports & Gaming Ecosystem + $10M in Sales + Acquired League DAO Defi Fantasy Protocol
KoD is building RPG Fantasy Sports Games powered by Web3. The Knights gaming ecosystem, rewards degen activities, from betting, to fantasy gaming, to building as a DAO contributor.
Assets of KOD include fantasy gaming software, bet2earn protocol, mobile application, media network, p2e gaming assets and teams, professional sports ownership stakes, nfts, and more.
The KOD Inc. cap table will be allocated 30% of the Degen Token market supply.
BoostVC (Coinbase, Etherscan, Alta, Wyre) is leading the round w/ participation from RBV Fund I
Seed, $16M Pre-Money + Token
💰 Venture Capital News
Q1 2023 saw a 32% decline in global M&A activity from the peak just over a year prior due to a gloomy macroeconomic backdrop and near banking crisis.
Total M&A deal value still exceeded $1 trillion for the quarter, with lower valuation multiples in some cases encouraging deal flow.
Multiples on PE-led buyouts fell by 29% in Q1, reflecting a shift to smaller and cheaper deals.
Smaller companies, worth $100 million or less, have seen their median enterprise value drop to a revenue multiple of 1.1x, trailing behind the overall M&A market's median of 1.6x.
Founder-owned businesses made up 85% of all businesses sold in Q1, their highest share of the market ever.
👋 That’s all for now friends! See you next week.
In the meantime, subscribe to our youtube channel to see weekly podcast episodes💌 Join our subscribers and sign up for this weekly Girls Table Newsletter if you haven’t already!📲 Join our friends by connecting with us and following us on The Girls Table Twitter + Tiktok.
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.
Reply