Free Post Virtuix Deal Memo (October 2020) https://invest.virtuix.com/ — Sourced by premium subscriber. Hardware/game studio combo wants to become the Peloton/Ready Player One for real. Already has shipped over 4000 units to 500 venues in 45 countries. Double revenues in the last year, with over $10m worth of product sold.
Free Post LiquidPiston Deal Memo (September 2020) Deal Abstract https://www.startengine.com/liquidpiston Creating a new type of piston engine. Uncertain who the customer is, nor when the technology will be finalized, never mind what the
Free Post SIFA#7: Biotech Investing with Joey Bose, Cytonics In this edition of the premium newsletter, Muhan sits down with Cytonics President, Joey Bose, to talk about reasons to love (not-hate?) biotech investing.
Free Post AltoIRA Deal Memo (September 2020) Deal Abstract https://republic.co/alto-ira Alternative IRA that is built to invest in alternative assets such as cryptocurrency, startups, and loans. Has revenue but very tepid. Been in business
Free Post Guac Deal Memo (September 2020) Deal Abstract https://equifundcfp.com/guac/ New bank trying to create a marketplace where for every dollar you spend, it automatically locks up some of your funds in forced spending.
Free Post Fancy Deal Memo (September 2020) Deal Abstract https://wefunder.com/fancy Another “virtue” aspirational competitor to Amazon. Company has existed for a decade and burned $100m in capital. Compare to DoneGood two years
Free Post Regrained Deal Memo (September 2020) Deal Abstract https://wefunder.com/regrained Innovative food company wants to take leftover grain from making beer and upcycling it into food ingredients. Business hinges on a critical patent-protected factor
Free Post October 2020 — Final Investment Decisions You've read my analyses. It's time to see what investment decisions I made for deals from this month. Will be updated as the month proceeds. Exclusively available for premium subscribers. My final decisions are not financial advice.
Free Post Frame Deal Memo (September 2020) Deal Abstract https://www.seedinvest.com/frame/seed Pre-revenue media company wants to launch a membership/sponsored content production house for mobile first video news. Compelling value proposition, with some
Free Post Winc Deal Memo (September 2020) Deal Abstract https://invest.wincshares.com/ Retrospective deal memo for Winc. Raised $4.87MM on $110MM valuation earlier this year in March. Now raising again directly again on their website
Free Post Juked Deal Memo (September 2020) Deal Abstract https://republic.co/juked ESPN for e-sports. Wants to compete again Twitch, Discord, DraftKings/ESPN, to become the one stop shop for all fanatic engagement. Pre-revenue, but has
Free Post QuantmRE Deal Memo (September 2020) Deal Abstract https://republic.co/quantmre Another player in the cash-for-home-equity (as opposed to cash-for-debt) play. Good valuation and thesis, but ambiguous differentiation. From what I can tell, company only
Free Post GenesisAI Deal Memo (September 2020) Deal Abstract https://netcapital.com/companies/genesisai Marketplace for artificial intelligence development work. Pre-product and pre-revenue. Raised $908k on a $7.5M valuation. In addition to addressing lacks, I also
Free Post Heroclip Deal Memo (September 2020) Deal Abstract https://www.seedinvest.com/heroclip/seed Carabiner and hook clip together. 2019 revenue was more than $2 million with unit sales growing by 18% from 2018 – aggregating
Free Post FuelGems Deal Memo (September 2020) Deal Abstract https://wefunder.com/fuelgems Scientific innovation that claims to save fuel by up to 8%, increases lubrication, decreases dangerous emissions up to 50%. Technology claims to be 800x
