Thanks for publishing this piece, Tian. I'm embarrassed to acknowledge as an Asian-American that the gravity of the situation hadn't registered to me until I read your piece and did more digging.

For anyone else whose just getting caught up to speed, I also watched ABC News segment on the state of things after Tian's article: https://abcnews.go.com/US/video/stop-hate-rise-violence-asian-americans-76263573

I shouted out this piece on my podcast that should be going live on Mon, so hopefully that'll raise awareness from our small-but-mighty platform. Keep up the good work!

Want to see the complete rich format deal memo? Read the original post at: https://muhanzhang.com/COI-Energy

Deal Abstract

SaaS company wants to sell an energy monitoring solution to businesses to help reduce their utility bill.

Financials

1. Fundraising Target? $1070000
2. Fundraised So Far? $453209
3. Pre-Money Valuation? $18000000
4. Previous Year’s Annual Revenue: $191935
5. Previous Year’s Annual Net Income (+ Profitable, — Burning Cash): $-793777

Six Calacanis Criteria

1. A startup that is based in SV? False, Tampa, FL
2. Has at least 2 founders? False, One founder
3. Has product in the market? True, Revenue generating
4. 6 months of continuous user growth or 6 months of revenue? …

Want to see the complete rich format deal memo? Read the original post at: https://muhanzhang.com/VIVEKA

Deal Abstract

B2C2B Company wants to build the next professional learning/coaching marketplace. Can it learn from Coursalytics, whom I covered in summer 2019?

Financials

1. Fundraising Target? $1080000
2. Fundraised So Far? $53050
3. Pre-Money Valuation? $7500000
4. Previous Year’s Annual Revenue: $43196
5. Previous Year’s Annual Net Income (+ Profitable, — Burning Cash): $-144973

Six Calacanis Criteria

1. A startup that is based in SV? False, Marina del Ray, CA
2. Has at least 2 founders? False, CEO has 85% voting power
3. Has product in the market? True, Revenue generating
4. 6 months of continuous user growth or…

Want to see the complete rich format deal memo? Read the original post at: https://muhanzhang.com/AudioCardio

Deal Abstract

Mobile app is helping people train their hearing. Very positive business, the question is how they can grow to become venture backable.

Financials

1. Fundraising Target? $1070000
2. Fundraised So Far? $57647
3. Pre-Money Valuation? $9750000
4. Previous Year’s Annual Revenue: $2288
5. Previous Year’s Annual Net Income (+ Profitable, — Burning Cash): $-64049

Six Calacanis Criteria

1. A startup that is based in SV? False, Santa Monica, CA
2. Has at least 2 founders? True, Two
3. Has product in the market? True, Revenue generating
4. 6 months of continuous user growth or 6 months of revenue…

Want to see the complete rich format deal memo? Read the original post at: https://muhanzhang.com/Snailz

Deal Abstract

Husband/wife duo are teaming up to build a marketplace and business management platform for nail salonz. B2B SaaS marketplace, but can they scale fast enough to be venture backable?

Financials

1. Fundraising Target? $1070000
2. Fundraised So Far? $193931
3. Pre-Money Valuation? $10000000
4. Previous Year’s Annual Revenue: $69932
5. Previous Year’s Annual Net Income (+ Profitable, — Burning Cash): $-889968

Six Calacanis Criteria

1. A startup that is based in SV? False, New York, NY
2. Has at least 2 founders? False, One founder
3. Has product in the market? True, Revenue generating
4. 6 months of…

Want to see the complete rich format deal memo? Read the original post at: https://muhanzhang.com/Cloudastructure

Deal Abstract

Repeat founders are building a cloud based facial recognition/security solution. I worked for a startup in this space in 2015, so color me biased.

Financials

1. Fundraising Target? $28000000
2. Fundraised So Far? $24000000
3. Pre-Money Valuation? $30000000
4. Previous Year’s Annual Revenue: $77000
5. Previous Year’s Annual Net Income (+ Profitable, — Burning Cash): $-536000

Six Calacanis Criteria

1. A startup that is based in SV? True, San Mateo, CA
2. Has at least 2 founders? False, One founder
3. Has product in the market? True, Revenue generating
4. 6 months of continuous user growth or 6…

Want to see the complete rich format deal memo? Read the original post at: https://muhanzhang.com/Homeroom

Deal Abstract

Two tech workers in Brooklyn are planning to build a newsletter/article based professional education service, starting with product managers.

Financials

1. Fundraising Target? $250000
2. Fundraised So Far? $13150
3. Pre-Money Valuation? $2000000
4. Previous Year’s Annual Revenue: $0
5. Previous Year’s Annual Net Income (+ Profitable, — Burning Cash): $-46965

Six Calacanis Criteria

1. A startup that is based in SV? False, Brooklyn, NY
2. Has at least 2 founders? False, Only seeing one founder/no team
3. Has product in the market? False, Trying to be newsletter education for professional upskilling
4. 6 months of continuous user…

Want to see the complete rich format deal memo? Read the original post at: https://muhanzhang.com/Worth-Network-Inc

Deal Abstract

Team is building a competitor to RAD Technologies. What’s interesting is this company is taking 50% of ad spend.

Financials

1. Fundraising Target? $300000
2. Fundraised So Far? $290458
3. Pre-Money Valuation? $5500000
4. Previous Year’s Annual Revenue: $4030
5. Previous Year’s Annual Net Income (+ Profitable, — Burning Cash): $-176668

Six Calacanis Criteria

1. A startup that is based in SV? False, Los Angeles, CA
2. Has at least 2 founders? True, Two
3. Has product in the market? True, Essentially an agency/job board for influencers to make content
4. 6 months of continuous user growth or…