The Flowlie Times #16
Flowlie dealflow manager debut, different contract terms for fundraising, Figma, and more!
Hi Friends,
This is Mike from Flowlie. This bi-weekly newsletter includes the top articles about VC & PE, ranging from operations, tech, and tax advice to trends, notable guides, and news on recent capital raises. We hope you enjoy it and find some value!
2 reads for today
As capital is becoming harder to find, founders need to know the key funding options and terms. This article introduces you to “different contract terms used to increase headline valuation, how investors think of and use those terms, and the impacts, especially on equity dilution, to consider…”
A deeper dive into Adobe’s acquisition of Figma and why it is a good move. The article specifically focuses on the deal’s impact on Adobe’s future of cloud tools and market gains in the graphic design field.
3 venture announcements
Calendly makes an acquisition to dive into the recruitment sector. As Calendly focuses more and more on enterprise users. One thing we know for sure - easy meeting scheduling is not going away anywhere.
Remember blockchain? It’s still here. Two news from this sector:
Token Management Platform Magna Raises $15M Seed Round at $70M Valuation. If equity becomes tokens, then Carta becomes Magna (curious choice of naming in our honest opinion). Specifically, Magna makes it easier “to start and scale crypto companies… and to [manage] tokens for employees and various stakeholders”.
Messari raises $35M. Their product is “transforming blockchain data into standardized reports”. And the goal is to “[develop] the crypto equivalent of GAAP-style standardized reporting for the crypto industry.”
Flowlie Dealflow Manager debut!
Today, we are super excited to recap our newest features as well as turn on our biggest update yet: dealflow manager.
Investors can now experience a true dealflow manager, with stages, a Kanban board, drag-and-drop, and more. We have been testing it for over a week now and the feedback has been incredible. We are very excited for you to give it a try. Read more about this and other updates.
Have feedback? Let us know :)
As always, feel free to email us with any questions. We are glad to chat!
Thank you,
Mike from Flowlie