Dear Reader, here's some weekend food for thought for you -
Whether it is chocolates or startups, 10 is better than 9, don't you agree?

So if 9 out of 10 startups fail, it's safer to invest in 10! If you're still considering keeping your portfolio small hoping it will eliminate risk,here's a helpful article on why you should consider diversification!

In more exciting news, in the Portfolio Startup Update section we're talking about how our portfolio startup UrjaBolt was on Horses Stables to pitch their idea to the Horses! First Shark Tank India with GoodGoodPiggy, now Horses Stables with UrjaBolt, our startups are definitely making us proud!

In the Asking For An Investor section, this week Yamika Mehra talks about red flags in early-stage deals!

Lastly, the Future@Favcy section has open positions here at Favcy in case you are looking to join our boat!

Dear Reader, I am thrilled to inform you that our very own Yamika Mehra, Partner, Favcy is a part of Season 4 of Horses Stables! 

Horses Stables is India's largest funding show, and shall be airing on Good News Today every Saturday at 8 PM, starting today, so mark your calendars!

We are extremely proud of her! She has built 1stCheque from scratch and inspires everyone here at Favcy with her integrity and an undying passion for what she does every day! It is only fair that the world gets to experience her dynamic personality. 

You can follow her exciting journey as a Horse as she represents Favcy on TV here

In other news, this week we're introducing a new section, Asking for an Angel Investor where common angel investing trivia gets answered by seasoned investor and Favcy Partner, Yamika Mehra.

In the Favcy Review section, we're diving into the mind-boggling rise of the creator economy.

In the Angel Bytes section we bring to you a guide on how to evaluate early-stage startups.

Lastly, in the Future@Favcy section we bring to you open positions here at Favcy in case you're looking to join our boat!

Dear Reader, this week we've brought a solution to your funding dilemmas!

The one thing we've been reading in the news for the greater half of this year is all the ruckus about a recession and the funding winter. I came across this cartoon and I knew nothing could be more apt to depict the scenario.

Media is notorious for blowing situations out of proportion. That doesn't mean things are looking bleak for early-stage startups too.

Dear Reader, what idea would you pitch on Shark Tank?

Have you ever given it a thought? I've spent hours binge watching the show and I make-up ideas all the time. The most recent one is a clothing chain that offers 20-minute outfit deliveries.

While we're talking of Shark Tank, I do have something exciting to share!

Purva Aggarwal, Founder of GoodGoodPiggy, a Favcy portfolio startup, was mentioned in a dedicated post by Namita Thapar, Executive Director, Emcure Pharmaceuticals and renowned Shark from Shark Tank India!

In a heartfelt post, Namita praises Purva's grit, and dedication behind her venture GGP.

Dear Reader, what if a 9 year old could become an astronaut?

Kids hold so many massive dreams behind their tiny eyelashes. My 7 year old niece screams day-in and day-out that she wants to become an animal doctor when she grows up. Experiments operating on her turtle stuffed toy with a pair of scissors (RIP Monty) and tries feeding the sick dog in the society her own strawberry cough syrup! Kids are innately passionate and curious.

So when I first heard of the idea behind MercuryEd, I could imagine the impact it could have! Imagine a passionate kid getting an actual chance to study a subject that interests her immensely from an early age! It could shape her future!

This is the potential MercuryEd's idea holds. So if you aren't coming already - sign up now to listen to the co-founders' pitch today!

In other news, in this week's Favcy Review  we are decoding the recent rise of vertical marketplaces in the ecosystem!

In Angel Bytes, we weigh in the pros and cons of different angel investment vehicles - from syndicates to VBs.

Lastly, the Future@Favcy section has open positions here at Favcy, in case you’re looking to join our boat!

Do share your feedback on this effort. You can mail us at insider@1stcheque.com