The Girls Table Newsletter

11/08 - This Week in Venture Capital & Start-ups

November 09, 2023

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,

Here is a breakdown of today's newsletter:

  • šŸ„³ Events & Community

  • šŸŽ™ļø New Podcast Episode

  • šŸ“ˆ Start-Up Investment Opportunities

  • šŸ’° Venture Capital News

šŸ„³ Events & Community: 

On November 28th we are hosting another pickleball event in LA for founders only. If you are interested in attending RSVP here and we will try to get you in. We have very limited spots and are almost at capacity!

We are also investors in the National Thoroughbred League and will host the SoCal Cup in Los Angeles this weekend!

If you want to join us please use this link for complimentary tickets and let us know that you will be in attendance by replying to this email.

When: November 11th
Where: Los Alamitos Race Course
Address: 4961 Katella Ave, Cypress, CA 90720, USA
When: 3:30-7:30 PST

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 group!

šŸŽ™ļø Podcast:

This week Fernando Gouveia joined The Girls Table podcast. Fernando is the Founding Partner of Compa Ventures.

Fernando is an ex-founder who has been working in crypto since 2013. Many products and services he built from the ground up have been used by more than 20 million people in over 100 countries.

Before starting Compa, Fernando was CEO and Founder of Clever Credit, a company that helped Shopify merchants offer branded credit cards to their customers for free. He was also Director of Business Development at Plug and Play Tech Center where he ran their accelerator and helped over 250 startups from 20+ countries expand into Silicon Valley. While at Plug and Play he also founded a digital media accelerator with Grupo Abril, Brazilā€™s largest media company.

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.

šŸ“ˆ 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.

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 their main competitors 

  • Millions of users and growing, adding AI tools, and more

  • Link to invest

Oort: Decentralized AI-powered AWS

  • 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

  • Link to invest 

Veremark: Global background checks for the remote-worker world

  • This Series B round is with Stage2 Capital, Samaipata Ventures, Triplepoint, and more

  • Veremark stores encrypted background check data on the blockchain as a verified digital credential

  • Experiencing massive growth and giant clients like McDonalds, Grant Throton, Pepsi, and more

  • Revenue for 2024 projected to be $9m, up from a projected $4.2M this year

  • Link to invest

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 their main competitors

  • Millions of users and growing, adding AI tools, and more

  • Link to invest

Minima: the future of the ā€œInternet of Thingsā€

  • Minima is purpose-built for device-to-device or device-to-blockchain communication

  • This is the first solution thatā€™s 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

  • Link to invest

Tactogen: Mental health medicine using MDMA therapy

  • Science is now learning of the therapeutic effects of MDMA, and Tactogen is developing non-psychedelic ā€˜enactogensā€™ that provide a more focused, gentle healing

  • Conservative estimates suggest up to 25% of adults could benefit significantly from MDMA therapy

  • First patent awarded in April, on the road to FDA approval

  • Investing alongside Lifeforce Capital, and co-syndicating with Gaingels

  • Link to invest

The National Thoroughbred League (NTL): Pioneer of team-based horse racing

  • A groundbreaking investment opportunity that is reshaping the landscape of America's oldest spectator sport ā€“ horse racing.

  • Investment from Red Beard Ventures and 100% ownership of the New Jersey Horse Racing team.

  • Team Transformation: Shifts horse racing to a dynamic team-based forma

  • Key figures include rappers Nelly and Rick Ross, NFL star Kayvan Thibodeux, the NBA's Danny Green and retired basketball player Baron Davis.

  • Tom Ludt, former chairman of the Breeders' Cup, hired as President of Horse Operations. Greg Economou, former CMO of the NBA, hired to oversee Business Operations.

  • Revenue streams from league-wide, mixed, and local sources.

  • Link to invest

šŸ’° Venture Capital News

Pitchbook: How-to guide: Raising your first VC fund

  • VC fundraising is becoming more challenging, especially for first-time managers, as highlighted in the article on raising debut VC funds.

  • In the first nine months of 2023, only 81 debut VC vehicles closed, amounting to $6.1 billion, in contrast to 292 funds and $10.3 billion in 2022.

  • Larger, established venture funds are currently attracting more capital.

  • According to Jeff Herbst, managing partner of GFT Ventures, differentiation is crucial. New managers must stand out by defining their investment strategy, including sectors, stages, geographical preferences, and their role in supporting portfolio companies.

  • Showing relevant experience is vital in convincing LPs to commit. This includes having a track record, experience in VC or as founders-turned-operators, and demonstrating unique advantages in sourcing the best startups.

šŸ‘‹ Thatā€™s all for now friends! See you next week.

In the meantime, subscribe to our youtube channel to see weekly podcast episodes.

šŸ’Œ Join our subscribers and sign up for this weekly Girls Table Newsletter if you havenā€™t already!

šŸ“² 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. 28

Reply

or to participate.