Iterative Venture Begins! 🚀
"What we have once enjoyed deeply we can never lose. All that we love deeply becomes a part of us." —Helen Keller
On top of everyone’s mind is the fact that inflation is kicking in, and in high gear. As a friend of mine has indicated, based on Kirkland paper towels, that is a 20% increase from last year! Now I am getting fewer paper towels for the same price!
In this moment when the fed is drastically increasing the monetary supply through low interest rate and likely through 2022 and beyond, there is no better time, or critical time, to invest into assets that can potentially hedge against the rising inflation.
I would like to quote Warren Buffet that “Price is what you pay. Value is what you get.”
Essentially, we are still getting the same thing, be it houses, stocks, bonds, etc. Except, it costs way more now because the denomination (the greenback) you are paying the price with, has gone drastically down in value per unit.
Investing in assets, be it gold, stock, real estate, crypto, or startups would be ways to potentially hedge against inflation. With that, here is something that you might find valuable in case you are interested to evaluate what to invest in: The Rate of Return on Everything, 1870 - 2015.
Do you find it helpful? I’ll be sharing more insights with our weekly newsletters. Please feel free to e-mail me at team@iterativeventure.com or subscribe below.
UpdatesJoin our AngelList: We have a new angel syndicate on AngelList now. Be sure to join here. At the same time, please check out our vision and structure here.
Subscribe to our Calendar: Please check our calendar as we will bring more educational materials to the group!
Need for Speakers: We will host a series by inviting mission-driven founders who can share their vision and promote entrepreneurship and its network within the community. Please do reach out or sign-up if you know of anyone who’d be a good fit as a speaker!
Being a speaker also grants you points will be eligible to share the community pool profit from carried interest! See our structure above for more information.
Sign-up as an Advisor: Because many startups are also looking for advisors, please take a moment to complete the following form so we can reach out to you if any of our portfolio companies or prospective deals are looking for your profile!
Deals HighlightIf you are interested in any of these deals, please RSVP with the button below (while this does not guarantee your investment, it will put you in a priority list once we secure an allocation).
OneRent- Series B
We will be syndicating this soon! Please check out their write-up to learn more!
The largest property management technology firm on the west coast
Developed technology solution & human capital structure that bring 2.3x margin and 10x valuation compared to industry peers
$10B serviceable market size (assuming 30% market share)
Event: Q&A session with CEO of OneRent (Time: Wednesday, 5/12 @ 5:30 PM PST - RSVP)
Upstock - Seed
We will be syndicating this deal soon!
Founded by CouchSurfing CEO, Casey Fenton
Top-Shelf Worker Equity as a Service - democratize equity share plan top Silicon Valley companies offer to small and medium sized businesses
Raising $1m-$2m seed round and has currently raised $775k
Trend: Only 4% of the tech companies gave out RSU 20 years ago. Today that number is 72%. Upstock plans to bring this beyond tech industry. You can read more here.
Other deals in the pipelineLinguix - Seed
Software that improves lives via clear and effective communication everywhere you need it
#1 product of the day on Product Hunt THREE times (#1, #2, #3).
User base: 80,000; MAU for the writing assistant: ~40,000
Revenues: $8k-$10k monthly
Event: Q&A session with CEO of Linguix (Time: Friday, 5/14/2021 @ 4 PM PST - RSVP)
Chaldal - Series C
e-Grocery startup in Bangladesh & most capital efficient e-grocery in the world
$43 million+ run rate with 75% monthly repeat orders
Raised $20 million so far
Currently there are near 77k customers with 18% margin and $2.3 revenue
Event: Iterative Venture Founders Series/ Q&A with CEO of Chaldal (Time: Friday, 5/28/2021 @8PM PST - RSVP)
Shipday - Seed
All-in-1 Local Delivery Platform for independent restaurant operators
25x growth in monthly usage in 2020
1.5m+ deliveries already made
Sustained 20% month over month growth in the last 6 months
Event: Iterative Venture: Q&A with Shipday (Date TBD) - RSVP
Events UpdateDeal-related
OneRent Q&A on 5/12/2021 @ 5:30 PM PST - RSVP
Linguix Q&A on 5/14/2021 @ 4 PM PST - RSVP
Chaldal Q&A on 5/28/2021 @ 8 PM PST - RSVP
Shipday Q&A (Date TBD) - RSVP
Other fun stuff
Intro to DeFI (Decentralized Finance) by Philip Fogel on 5/13/2021 @ 6 PM PST - RSVP
Being a PM @ Clubhouse by John Milinovich on 5/18/2021 @ 5:30 PM PST - RSVP
Submit a DealWould you like to submit any interesting deals and syndicate with us? Please submit your deal by clicking the button below. If the deal is successfully syndicated, you get 30% of the carried interest!
Let us know how we did!As we continue to grow and scale, we’d love to hear from you how we can be better and what you’d like to see more of. Want to get involved with the Iterative community? We’d love to have your help supporting the community. Please use the link below to give feedback & share your interest in joining our efforts.