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Interest Rates, Capital, and Event Invite ✌️

This is your monthly dose of Full Send.

Greetings 👋. It's our August edition of No Half Sends. Phew! Just like that we’re almost done with summer, how wild is that? July was a busy month here at Full Send with some client fundraises, conferences, and a team retreat / hackathon. It’s such a joy to walk alongside our clients in their growth and to pour into our industry to create better outcomes for everyone.

To frame our update: we help growth companies elevate their financial and operational data through tech-forward accounting, finance, and data services.

Here’s a little note and an event invite 👍

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Let’s Dive In 👇.

💥 TL;DR

  1. Fundraising & Election Impact

  2. AI & Avocado Toast

  3. Interest Rates Impact on Startups

  4. Capital for Underrepresented Founders

  5. Colorado Event Invite & Team Retreat

☝️ Massive Client W’s.

We love supporting and celebrating our client’s wins. Over the last month, we’ve seen some massive steps forward. Here are a few:

FundMiner raised an additional $2.5 million (oversubscribed) round to expand to new markets and to continue building the best platform for the fund management of fundraising organizations - Education, Non-Profit, etc. They’re making waves!

Verasight announced their innovative partnership with CNN to provide weekly survey data through the 2024 election. They’re collaborating with research teams at SSRS, Georgetown University, and the University of Michigan. Awesome to see a client’s efforts directly impact the world around us. So cool.

Did you know that you should be monitoring your website’s domain rating? This is a key component of SEO and ranking on google. This website authority checker will provide you with a domain rating from 0 to 100, 100 being the Google’s of the world and a 0 or 1 being a brand new website. We’ve been using our client Featured’s product and have a great domain rating for such a young website because of our subscription and input on Featured. In no way is this a sponsored post, but what they do really works. Check them out.

Our clients are constantly innovating, pushing boundaries, and creating impact on those they work with. We’re excited to walk alongside each of every client on their journey forward.

🚀 Need to know: Startups

> Q2 2024 Funding to AI companies doubled QoQ to $24B. Aaron Stachel, a pre-seed investor at FirstMile Ventures shared his thoughts around how they think about investing in AI. They evaluate investing in AI companies in three broad buckets: platforms, tooling, and applications. If you’re building, investing in, or circulate around the AI space it’s worth the 5 minutes to give Aaron’s article a read. (AI & Avocado Toast)

> How do interest rates impact your startup? Interest rate decreases have a significant impact on startups, particularly those seeking investment. Borrowing money becomes more affordable and target markets may widen as consumer behavior shifts upward as a result of cheaper borrowing costs. Investor appetite also heats up as the return on idle cash decreases, thus pressuring investors to shift their capital into active investments. (Overview of the Fed, Interest Rates, & Startup Operators)

Are you fundraising/hiring? Know someone who is? We want to feature those in our network who are seeking capital, connections, or resources. Reach out to us at [email protected] for more information!

Give us feedback on what’s working, what could use improvement, and how we can better serve our clients, community, and industry - [email protected].

🏗️ Colorado Startups: Our Backyard

> Colorado still has momentum in venture. Spotted on X by Natty Zola at Matchstick Ventures and originally shared by our friends at Range Ventures, the Denver/Boulder metro is still running at a good clip in venture. While the macro signals are looking a little shaky, there is still ample momentum and we may be getting to a point where capital outlay gets stronger as interest rates go down and valuations normalize. (Pitchbook Q2 Venture Monitor)

Shared by @NattyZ on X.

> ThingVC has launched with a unique angle to support more founders. Mike Gellman and Chris Glodé have launched ThingVC, which provides $10,000 to underrepresented founders who have a good idea. The strategy is simple: For any ideas that grab their attention, they’ll provide mentorship and $10,000 - all for only a 5% equity stake. (What would you build for $10,000?)

Help share No Half Sends 🙏

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🏔️ Sending it in the Wild

> Our team retreat was last week for most of our Colorado team and we had a blast. We’re continually reinventing ourselves to build a better culture/team, provide a better service to our clients, and to create waves in our industry. We’re on a MISSION.

2024 Full Send Retreat

> 🚨CALLING ALL DENVER STARTUP & ECOSYSTEM FOLKS 🚨 On September 6th, we’re partnering with a local VC Group to host an open-invitation pickleball event. No experience necessary. The goal is to have fun and build relationships. Here a link to the registration page. If you’re a founder, funder, or connector in the startup ecosystem, we’d love y’all to join us.

Startup Picklers

✌️ Roman @ Full Send

Why No Half Sends? We’re on a mission to elevate financial data through high quality accounting and finance services, building more knowledgeable and engaged team members, and engaging in our industry to move accounting and finance forward.

Send us your feedback at [email protected] and help us stay as sendy as humanly possible. We’re ready to listen.