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The Girls Table Newsletter
11/30 - 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.
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Here is a breakdown of today's newsletter:
š„³ Events & Community
šļø New Podcast Episode
š Start-Up Investment Opportunities
š° Venture Capital News
š„³ Events & Community:
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 group!
šļø Podcast:
If you're an entrepreneur looking to raise venture capital funding, then this short video is for you. We make this quick 6-minute video about how to get organized if you're looking to meet VCs, a CRM everybody should use, and the easiest ways to get an intro.
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.
š 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.
Lightship: the Tesla of EV recreation and camping vehicles
Raising a $35M Series B round of funding
The groundbreaking company is raising a Series B round after selling out of 700 towable RV pre-orders at SXSW
Thor Industries, the current leader in conventional RVs, has an order backlog of $18B and a valuation of $5.3B
Like Tesla, everything about a traditional RV has been reimagined to be as efficient, modern, and comfortable as possible
Liquid Death: Pre-IPO secondary shares in fast-growing consumer brand
The iconic sparkling water brand raised its last round in July 2023 at a $1B valuation
Recent developments include the hire of Chief Commercial Officer Stephen Ballard, previously at White Claw
Other personnel recently added come from major CPG companies like La Croix, Nestle, InBev, and more
Emerge: Follow-on with Cutting-Edge Virtual Reality Touch Technology - Using Ultrasound to create 3D Forms
Raising a $15M Series B round of funding
Emerge has developed a mid-air haptics for users to āfeelā objects in the virtual world
Since their last round of funding, they hit $7.8M in revenue, launched the product Wave-2 device with proprietary MEMS Technology, and finalized agreements with Bose and LGE for Licensing Agreements
Emerge is raising this round of funding to build out their team and prepare for launches with Disney Pixar (Q2 2024), Disney Star Wars (EOY 2024), Sony and LG.
Past and current investors include Steel Perlot, Soma Capital, M13, Vulcan Ventures, and more
Versus Game: Gamified Ads using Gen-AI
Raising a $25M Series A+ round of funding
This B2B tech helps media, publishers, and brands use generative AI to make interactive content
Eric Schmidt, investor and board member, said āThis is the most powerful real-world AI applicationā heās seen
Almost 1000 digital media partners including Forbes, USA Today, ESPN, ABC, Microsoft, and more
Canva: deeply discounted shares in a quadruple-deca-unicorn
We are bringing this amazing allocation to our LPs at a significant discount
Last round valuation was $40B; these shares are at a 36% discount
Canva has significantly higher revenue than its main competitors
Millions of users and growing, adding AI tools, and more
Oort: Decentralized AI-powered AWS
Raising a $5M Seed+ SAFE
Also investing out of Red Beard Ventures Fund I, where we have committed $500k
Oort offers 80% savings, AI-powered smart search, and blockchain integrations
Their no-code LLM can act like an expert on any dataset available, with simple conversational commands
We are receiving a 1:1 Token warrant for our investment
Minima: the future of the āInternet of Thingsā
Raising a $2M Seed Round of Funding
Minima is purpose-built for device-to-device or device-to-blockchain communication
This is the first solution thatās economical, scales well, and is technologically advanced enough to handle mass data through extremely small hardware
The IoT landscape is projected to hit $5,000,000,000,000 (five trillion) by 2030
IoT infrastructure has been lacking innovation, hindering this growth
We are receiving a 3:1 Token warrant for our investment
š° Venture Capital News
Pitchbook: VCs chow down more equity in recent financing roundsVC Industry Downturn:
VCs Gaining Larger Stakes: Venture capitalists (VCs) are acquiring larger equity stakes in companies, a positive aspect amidst the venture downturn.
Change in Valuations: During the pandemic boom, VCs accepted smaller ownership percentages due to high valuations. However, these valuations have now decreased, allowing VCs to buy larger portions with the same investment.
Equity Stake Trends: In mature companies, median equity stakes have increased to 14.9% in 2023, up from 11.3% in 2021, according to PitchBook's Q3 2023 US VC Valuations Report.
Ownership and Influence: Larger ownership stakes provide VCs with more significant returns upon successful exits, greater influence over business direction, and potential board seats.
Expected Increase in Ownership Percentages: Ownership percentages across all stages aren't yet at historical levels, but are expected to continue increasing as more companies seek capital at lower valuations.
š Thatās 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. 28
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