Naavik’s Post

I think I'm setting a new goal for H2 this year: > To do what I can to dispel the stereotype that Portfolio-XX or Fractional-XX services are provided by 'near retirement' folks looking to 'slow-down' a little. We're just getting started at Mettryx, not slowing down; I'm personally busier than ever (in a vaguely work-life balanced way); and although I'm turning 42 this week, there's considerable life in the old-dog yet...! Where to start though? Provide great commercial and financial support to our existing clients = a given... Content campaigns aren't exactly my forte, so any other thoughts?! #fractionalcfo #portfolioFD #mettryx

Watch the panel discussion from our first Investor Day (Demo Day) held within the Venture Studio Family (VSF) community. Sukhi Bhullar and Ben Yoskovitz shared valuable tips on raising investor interest and suggesting viable exit strategies. Watch here: https://lnkd.in/e-hAJmcA At Venture Studio Family, we are currently offering our best membership plan. For $2000 per year, you have the opportunity to: 1. Pitch to investors familiar with the venture studio model. 50 investors interested in venture studios as an investment opportunity registered for the last Investor Day. 25 of them attended the online pitch presentations of five VSF member studios. The next pitch session is scheduled for June 5. 2. Join private thematic calls and mastermind sessions with peers. Some insights from these meetings: – Motivate team members by using stock option plans and allocating studio shares to encourage collective success. – Evergreen structure for fundraising attracts both small and large LPs, providing a flexible and enduring source of capital. – Slicing Pie model adjusts equity based on the contributions and sacrifices (such as time, money, resources, etc.) of each party to ensure fairness and motivation. – Attract investors with evidence-based investment methodology focusing on customer feedback, product-market fit, and early revenue streams. 3. Access useful content & databases. DM or email me at [email protected] to learn more about joining the community. Our next online meeting is scheduled for May 16-17.

You guys! There is an incredible VC out of Idaho that you've never heard of but who you need to know. Capital Eleven is making waves. 🌊 I'm proud to have them as an investor in tribute. Over HALF of their investments this year have been with female-founded companies. 💥 Not to mention, Brian Jorgenson, Mason Whitt, Travis B. Hawkes and their entire team are experienced business leaders who focus on the fundamentals, not the hype of VC. #venturecapital #venture #investing #idaho #startups #founder

💥💥💥 Capital Eleven 2023 YTD Recap / Update 💥💥💥 I'm a month behind since Q2 closed, so I'll include July as well. It's been a busy first half of the year as we've added 10(!) new companies in our venture portfolio. One of my overused adages is that it's easy to make investments but it's difficult to make good investments - so we aren't patting ourselves on the back too hard just because we've deployed capital. That being said, we believe there is good reason to back our enthusiasm about these new founders/opportunities. I've listed our new portcos below for those who are interested but first here are two quick stats worthy of sharing: -- These new investments represent six different states, spanning the country from Washington to New York (but we still have an Intermountain West focus with six of these new companies HQ in Idaho or Utah). - HALF of the companies are led by women - either as the CEO or in a Co-Founder role! Q1 🍋Zest MSP 🛍️goodbuy 🚗MooveAI Q2 🏋️♂️Patri 📲Textla 👥tribute 📈Alysio 📜Stealth Mode Q3 (so far) 🗣️Alphy 💎IN-SEAM The broader C11 team (Travis B. Hawkes, David K. Gardner, Mason Whitt, Stefanie Aragon, Aaron Chandler, Kurtis Taylor, Nate Arnold and Forrest Wartig) remains excited about 2023. We've made other investments that we can't share quite yet but stay tuned for other significant announcements in the coming months. Lastly - I don't want to leave anyone out - but as we invest in new founders, we likewise establish new co-investor relationships with top notch investment firms. We have built dozens of new relationships in the broader investment community in 2023 and detailing those will likely warrant a new post in the future. In the meantime, we'll continue zigging when others are zagging! Capital Eleven #venturecapital #boise #idaho #Approaching50Portcos

The Future is Skilled with Thrivin - https://lnkd.in/dTdcWfbM. Step into the future with a workforce that's prepared for anything. Thrivin's forward-thinking upskilling solutions ensure your team is always ahead of the curve. #Thrivin #futureofwork #upskilling #skillsdevelopment

🚀 Blast off into the world of Equity Comp! 🌟 Ever feel like you need a finance degree to understand your comp package? Fear not, tech friends! I recently landed on the show "Tech Careers and Money Talk" and had a blast demystifying the galaxy of equity comp. 🎬 In the snippet I'm sharing, you'll see we tackled that early-bird-special phase, where your exercise price and company valuation not too far apart. Then, we marched into the no-man's land of AMT growing like your neglected inbox. 📈😱 But wait, there's a plot twist! The IPO horizon could be your knight in shining market value. 🏰✨ However, we also chatted about rolling the dice on IPOs. Will it happen? Will it not? Before you conclude that ISOs are just one more thing to keep you up at night, take a peek at the video where I share the secret combo moves for your ISOs. So, grab your financial tool belt, and let's dive in! 🛠️💡 Read more here: https://lnkd.in/eA7adGx2 Tech Careers and Money { } #IncentiveStockOptions #TechFinance #CareerGrowth #FinanceUnplugged

The Future is Skilled with Thrivin - https://lnkd.in/dTdcWfbM. Step into the future with a workforce that's prepared for anything. Thrivin's forward-thinking upskilling solutions ensure your team is always ahead of the curve. #Thrivin #futureofwork #upskilling #skillsdevelopment

Some takeaways from #PGCLondon last week:   1. Keys messages for #GameDevelopment: - Start (if not doing already) using #AITools for development or you will be quickly behind. - Users tend to go back to old games after 2-3 months, so make #games focusing on keeping used in the #games for longer. - Gamers have a short attention span, so produce bitesize hooks for consumption, but focus on why they should play your game for 10 years.   2. Tips for successful launching games on TikTok: - Target extensive growth by getting players to talk about your game. - Create an arsenal of creative challenges for users before launching the game, as after launch you will have no time and will need to deploy them quickly. - Property test creative challenges.   3. Tests for launching new games: launch on your main platform but in secondary markets (e.g. Mexico-US) or launch in your primary market but on secondary platforms.   4. Kids devices: once you set up device to work for your kid, it’s almost impossible to add adult content later. That’s probably a good thing (but may need to get a new device later)! Ouch 💰   5. #FreeToPlay games challenge: how to benefit from ads revenue, but stop users discovering new games within your game. Try building a game that will keep users stay in your game.   6. “Merging” markets: 2023 continued the trend of IP moving from games to films and TV series: #SuperMarioBros movie; #TheLastOfUs TV series.   7. Public markets: Revenues continue growing; markets are largely back to where they were before COVID. Some companies perform better than others. Some external factors had an impact (but they had an impact on the whole public markets as well).   8. #VCFunding: investment is back to pre-pandemic levels (and there was a massive boom during the pandemic). #LateStageVC is brutal with many companies have to law off. However, #EarlyStageInvesting continues strongly. Will likely continue to see more #acquihire deals with talented teams joining larger teams / companies.   9. #MergersandAcquisitions Trends: acquirers used to want to do deals to get #synergies or financial returns / enhancement; now with tighter markets they want to see both #synergies financial returns. Earn-outs become a tool to achieve both.   10. Was very excited and grateful to Pocket Gamer Connects to have presented on “Show Me the Money Track” about global #MergersandAcquisitions trends. Anybody wants to know more – download our DLA Piper Global M&A Intelligence Report 2023: https://lnkd.in/epAQmUQU

Hello everyone! Today we want to share a significant milestone with you - it's been exactly 2 years since our company began its journey! Two years! It sounds substantial, but for a new studio undertaking a huge project, it's just the beginning. Let's look at what we've achieved in this time: 🙏 Our team, our most valuable asset. We've grown from 15 to 21 in-house members since last year! 🌍 We're living up to the name Made on Earth Games. Currently, we're a vibrant blend of people from 11 different countries! (and soon we will expand our geography)! Diverse cultures, different languages, but one shared goal – to create something amazing. As Earthlings  🤟🏾 Investor support. We've welcomed GEM Capital, Raga Partners, and Heracles by Eric Seufert to join The Games Fund! We're incredibly proud of our investor lineup! ⚗ Launched and tested a prototype with real players! We're thrilled with the launch results, both in terms of metrics and feedback. Still, we see room for even greater improvements! 📝 Streamlined all processes. Now, even though we're a startup, our chaos is creative and organized! ✨ Adhering to our original principles and culture - avoiding clones, standing out, allowing team members to realize their potential, and maintaining openness. We'd like to end this looooong post with a wish for growth - for us, for you, for everyone! :) This year, we've added a critical element to our culture: the culture of development, both for the company and our team. That's our wish for ourselves. And with it, success will follow! Happy Birthday, Made on Earth Games! 🚀 #happybirthday #team #company #milestone #culture #everbright #gamedevelopment #4x #strategy #game #vc #growth

Here’s what I’ve learned about starting anything new: Early on, there is an inevitable investment period on the front end that has to be made. You cannot hack this initial investment period There is no way around it, only through The progress is seemingly invisible, sometimes for months And then it hits and the ball starts rolling with real momentum Before you know it, you’ve built a solid foundation to build on Unfortunately this is where most people give up They don’t make it to see the other side of this period And then they start back at square one months or even years down the road. Here’s my encouragement for you today: Lock in Get started Surround yourself with others And start laying that foundation today You can’t get around it, you can only go through it And you’ll be thanking yourself in 2024 that you did. - PS - our next cohort of 8STR8 goes live Jan 1. This will be our largest cohort to date and seats are capped. If you’d like to join 305 Tech Professionals from the best companies in the world becoming the best version of themselves, message me and grab one of the few spots left.