Angel Investor – What a Market Downturn Means for Startups – Issue #68

Hi, and I hope you’re doing well!

Here are some news articles and tweets I have been reading the last week. I hope you find some relevant stories! If not, send me your links and ideas and learn more about our community here.

Stay in the loop and get daily Angel Investor News at @entrahouse and if you missed out on the last edition, you find it here.

What a Market Downturn Means for Startups — www.alleywatch.com
About once a decade, the U.S. Financial Markets implode. It happened during the “Dot Com Bust” of 2001, again in the financial meltdown of 2007, and is now upon us in a Post-COVID recovery.

Demo Day – Techstars Sportstech Melbourne 2022 — www.stready.com

As you will see from the pitch presentations, there are some talented teams with potential. I am seriously proud that the Norwegian startups Stready have come to this level and will share their story next week.

Unstoppable pioneers of Web 3: 16 women spearheading the change — e27.co
While men still dominate in the nascent metaverse, women creators in Web3 are now leading the path and rising to the top

Deal of the week; Canor

Candor Raises $5M To Build The Next Generation, Authentic Professional Social Network — www.forbes.com
Job candidates don’t know exactly what they are getting themselves into when joining a specific team at a company they are new to. Candor is a professional network that encourages people to share how they work.

Launch Africa, the VC firm that has backed over 100 startups, closes first fund at $36.3M — finance.yahoo.com
Pan-African venture capital fund Launch Africa Ventures today is announcing the close of its $36.3 million fund, which it has primarily used to invest in B2B and B2B2C startups across Africa. In an interview with TechCrunch, managing partner Zachariah George said Launch Africa has backed 108 startups across 21 African countries.

Netflix co-founder Marc Randolph, on lessons from the streamer’s origin story — bgr.com
An interview with Netflix co-founder Marc Randolph, about the early days of the company that would kick-start the streaming TV revolution.

This week’s tweets

Milestone: BEMS Launch Event

On Track To Become A World-Leading Provider Of Safety And Security Solutions. New Smart Technology That Can Save Lives.

We had a fantastic launch event for BEMS (bSafe Emergency Management Software AS) with talks from Trond Riiber Knudsen, Johann Olav Koss, Eva Helen Rognskog, Ken Roar Riis, Steve Cottingham and Tor Rune Raabye.

Go to https://www.startupbooster.bergmoe.com/bsafe for more information and download the presentation here.

As a curator, there is nothing more helpful than feedback on what you think should be the focus of this newsletter. If you want to be a more active contributor, have an interesting startup, some great ideas for collaboration you want to share etc… Let’s have a chat.

Book a meeting at https://calendly.com/bergmoe/15min

I promise your voice is important and suggestions regularly incorporated into the digest. Please send me your ideas, exciting news, deals, tools and connect on LinkedIn and follow my blog at bergmoe.com and @berg_moe 🙂