Reilly is the first founder to fully pay off his Shared Earnings Agreement (SEAL), so we now have one data point we can analyze to see if the structure we've been using at @calmfund is a good deal for founders, investors, or both. Let's dig in...
Another banger month @MicroAngel_@Reconcilely passed $11k MRR and the apps are on pace for $30k MRR. @PostcodeShip still producing stable, strong revenues as the portfolio's backbone
Returning 3.11x in 20 mo so far
This is the most foolproof way I have ever created wealth
Join us Thursday at 2PM EST for a DAO hangout. This week:
- Dealflow lifecycle & pipeline structure
- @MicroAngel_ PFP traits!
- Bucket auction parameters
- Howey Test & other legal notes
- Long term strategy (@MicroAngel_ vs. $CSU playbook)
Chat soon ✌️ https://t.co/Qu3yCNar1U
@leoulzh@JalenDNelson@agazdecki We actually started on @microacquire with @EyalToledano’s @MicroAngel_ fund, which is a successful proof of concept for the DAO that’s 18+ months in the making.
We’re preparing to launch the DAO to codify + operate the microangel playbook using decentralized governance
Hang out with the @microangeldao community tomorrow as we discuss:
- Bucket auction as a preliminary business model
- Powering most of the core team with FTEs vs contractors vs fractionalized services
- Building prelaunch demand and GTM
See you there 👋
https://t.co/8eUtjlSiGB
Looks like @Reconcilely just earned its first $990 payment from an annual customer! 🎉
Before this week, the max I could earn from a new customer was $38 (per mo)
This not only transforms the LTV but also opens up entirely new acquisition channels thanks to up-front payments
Fund Report July 2022 @MicroAngel_
⌛️ 6 mo left to fund 1
🔥 Reconcilely MRR up 14%
🫂 A new MicroAngel teammate
🚀 QBO stealth launched
📈 SEO compounding
💰 $26.6k MRR / $319k ARR
💸 Rolling cash/cash: $328k (0.57x)
🎉 18mo return: 2.8x
Full report ↓
https://t.co/UXplmBHXW8
Big moment for @MicroAngel_ 🔥
Fund Report June 2022
✅ QBO ready for launch
💵 Annual pricing experiment wins
⚙️ Onboarding refactor
🫥 App store demands
💰 $26k MRR / $311k ARR
💸 Rolling cash/cash: $301k (0.53x)
🎉 Reached 2.7x return!
Full report ↓
https://t.co/DdQu1O2S6t