Many thanks, Nick. Delighted to see you are able to think clearly so soon
after the ordeal of another chemo round.
I’m also very glad to have the chance of spreading the risk through Drapers as
I feel we are currently very exposed if a bull market develops. Shame we
didn’t take up the offer when first made! I confess I wanted to defer it a
month for bureaucratic reasons.
Best wishes
David
Sent from my iPhone
On 5 Aug 2020, at 19:11, Nicholas Gallop <nsgallop@xxxxxxxxx> wrote:
I sent a view on Draper Esprit last month, which I re-attach for convenience.
Plus, in the note below you’ll find their summary of recent highlights.
The share is up about 17% since I first recommended at our June meeting - not
as impressive as our US portfolio, but pretty good compared to most of our UK
picks.
<Draper Esprit.docx>
PE ratio: 15.5 Dividend: nil
Nick Gallop
+44 (0)7867 808 872
nick.gallop on Skype
Begin forwarded message:
From: Draper Esprit <marketing@xxxxxxxxxxxxxxxx>
Subject: Draper Esprit News - August 2020 Newsletter
Date: 3 August 2020 at 11:32:30 BST
To: Nick <nsgallop@xxxxxxxxx>
Reply-To: Draper Esprit <marketing@xxxxxxxxxxxxxxxx>
Draper Esprit Updates
“Our mission to empower Europe to invent the future remains central to our
ongoing strategy and this... means that we are well placed to drive
long-term, sustainable returns for all of our stakeholders.” - Martin Davis,
CEO. We released our annual results for FY ended 31/3/20. While Covid-19 has
led to a challenging quarter we've come out in good shape and look forward
to the year ahead.
Read the report here.
Portfolio Highlights
Aircall raises $65 million round
Draper Esprit pleased to participate in further investment in Aircall's $65
million Series C round.
Find out more here.
Zynga Inc to acquire Peak for $1.8bn
Zynga Inc enters into agreement to acquire games developer Peak for US$1.8
billion.
Follow the link to find out more.
Draper Esprit invests in Cazoo, which becomes the fastest company to Unicorn
status in UK history
We invested in the latest £25m Series C funding round in Cazoo, alongside
Stride, part of our Fund of Funds portfolio.
Find out more here.
Connect Ventures announces $80 million seed fund
We are pleased to join Top Tier Capital Partners, Isomer Capital, British
Patient Capital, De Agostini, Big Society Capital, and Korelya Capital
investing in Connect Ventures 3rd fund.
Follow the link to find out more.
Team Highlights
Nicola McClafferty & Vinoth Jayakumar, newest additions to Partnership team
In April 2020 we announced the newest additions to our Partnership team,
Nicola McClafferty and Vinoth Jayakumar.
Click here to read more.
James Clark joins Marketing team
Draper Esprit welcomes James Clark as Marketing Director.
Click here to find out more.
In the community
Draper Esprit's Virtual Fundraising Workshop with Episode1
Carina Namih, from Episode 1, joined us to discuss the earlier stages of
fundraising and Draper Esprit's Diana Krantz, joined to discuss tips on
later stage fundraising for entrepreneurs.
Missed the event? Watch live recording here.
Partner, Vinoth Jayakumar joined MoneyLIVE's panel discussion
Partner Vinoth Jayakumar joined speakers from NatWest and MoneyBox for
MoneyLIVE's virtual panel.
Missed out? Watch free on-demand here.
Dr. Vishal Gulati, Venture Partner joined #SALTTalks Conference
Venture Partner, Dr. Vishal Gulati joined #SALTTalks to discuss Healthtech
Nicola McClafferty joined #VCLeadLadies
Our Partner, Nicola McClafferty joined Round Hill Ventures panel to discuss
VC investment and what it takes to be a Partner.
In the news
Bits & Pretzels
Investment Director, Christoph Hornung discusses the Covid-19 unicorns and
thriving later stage startups.
Listen to the podcast here.
Draper Esprit loves Video Games
Founding partner, Simon Cook reflects on Draper Esprits romance with video
game entrepreneurs.
Read the blog here.
How to write an email pitch VCs will actually read
Venture Partner, Dr. Vishal Gulati weighs in on how to write an effective
email to VCs.
Read the article here.
Startup Grind Q&A with Partner, Nicola McClafferty
Partner, Nicola McClafferty joined serial entrepreneur Bhavin Turakhia
(Flock, Zeta, Radix) for an investor Q&A.
Watch the video here.
The Back Yourself Show
"Go fast, It will get people's attention," Head of Deal Execution, Philip
O'Reilly joined Tom Fairey's The Back yourself Show.
Listen to the podcast here.
I'll be there for you
While we can’t meet in person, we can meet you online. Draper Esprit is
working on a series of online office hours for different sectors in the
industry, as well as some remote events. Keep your eye on our social
channels Twitter & LinkedIn for updates.
Interested in attending or finding out more? Get in touch at
marketing@xxxxxxxxxxxxxxxx
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