All posts filed under: Uncategorized

Sale of Business: Testimonial

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“Windigo Bay…negotiated the sale of my majority interest in a business. Keith [Bates] took over the discussions and negotiations at every stage. He worked hard to understand my priorities and to make sure I understood my options and the trade-offs involved in different kinds of deals. Everything was in plain English. I liked his insistence on having me imagine different outcomes five years down the road. Keith negotiated with the buyer, managed the lawyers, stayed […]

Cal Critiques Convenience

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“…email and smartphones makes communication with colleagues ubiquitous and trivial. In response, however, non-industrial productivity stagnated. Making business communication more convenient seems to have made people worse at creating valuable things.” – Cal Newport, in his blog post Tim Wu on the Tyranny of Convenience. We heartily agree. At Windigo Bay, we like serious and productive conversations; we use email as little as possible, and avoid chat-messaging entirely. Calls and meetings are still the best ways to […]

Gi Fly in Action

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Our client Bignay is behind the Gi Fly electric bike platform. Deep integration between software and the bike takes Gi Fly to the next level. We call it the Tesla of bikes: it’s that great. Bignay is based in Córdoba, Argentina. The company pre-sold over one million dollars of Gi Fly bikes before starting production. The first production run shipped in 4Q17, to buyers in Europe, North & South America and elsewhere. Customer feedback has […]

Seed Investing Bubble Pops

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Having talked about the seed implosion in the summer and fall, this will be our last post on the subject. Victor Basta at Techcrunch recently published a startling graph showing the seed-stage financing crash. The red line is the number seed-stage deals—and what it shows is the growth and collapse of a bubble. Basta’s article, which is well worth reading, summarizes the hard realities: App funding is over. “Since 2014, early-stage funding for businesses with […]

Seed Investing is Drying Up

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As we outlined in a previous post, the seed-stage venture funding market is dropping fast. It’s cold out there. In her October 18th post Seed-Stage Activity Fumbles Amidst Increases In Late-Stage Dealmaking, Joann Glasner writes that the drop-off is stark: The total number of investment rounds for U.S. seed-stage startups hit the smallest projected quarterly total in five calendar years in Q3 2017… Investors have also put fewer dollars into seed deals this year compared to the prior […]