The Flowlie Times #17
Portfolio diversification, economic moats, economic engines, recent raises, 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!
3 reads for today
My personal favorite - this article advocating for diversifying your portfolio by showing you a simple map. Just read this gem: “If you have a 300 deal portfolio instead of a 30 deal portfolio, your chance of tripling or quintupling your money is ~80% higher”.
A bit heavier article talking through economic moats - “company’s ability to maintain a competitive advantage over its rivals and protect its long-term profitability and market share”. Read before your next strategic meeting.
Finally, this article advocating for looking beyond cash flows - and specifically looking at the differences in economic engines - when evaluating companies.
3 venture announcements
Serial entrepreneur Ben Leventhal has raised $11 million in a seed round for his new web3 hospitality platform Blackbird. Previously, he co-founded restaurant startups Eater and Resy. Eater was acquired by Vox in 2013 and Resy was acquired by American Express in 2019. Read more.
Tired of taking meeting notes and sending summary emails? Xembly is here to help with that and more. They raised a $15 million Series A round. Read more.
Finally, Easop is making it easier to grant equity to international hires. One step closer to a global workplace. More details.
Sorting is now available for investor accounts
Following up on our massive release last month, we rolled into production another feature that was heavily requested by our users: table sorting functionality.
Investors can now sort their Triage, Active Dealflow (list view), Passed Deals, Portfolio and Investor Contacts by most data points available in the table header. 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