Molten Ventures Share Discussion Threads

[johnrxx99] 09/11/2021 08:31

Hold on, my 5 year old chose it :-)

[donald pond] 09/11/2021 07:21

I've always thought drone delivery makes a huge amount of sense, particularly for low weight stuff like prescription drugs. At the moment we use a car weighing a few tonnes to transport a person a mile each way to pick up a package weighing a few grams. That's bonkers.

[cordwainer] 09/11/2021 07:11

'Molten' = liquidated ? liquid finance ? hot stocks ? molted feathers ? oh well it's only a name.

[brexitplus] 09/11/2021 07:07

Not sure I like the new name. Sounds a bit ordinary.

[w13ken] 08/11/2021 22:35

Extreme weather is covered from 11:43. For total aircraft failure: a parachute is deployed. It's been tested in Ireland and their target is to cover 99% of Irish weather :-) That's 99.5% of European weather.

It doesn't work in gale-force winds but works in up to 20m per second or 75kph winds but they have to make calculations on the energy used to return to a safe place.

It's a good video and covers a lot of the type of questions that you might have.

[cordwainer] 08/11/2021 19:01

^ wondering what might be the wind speed limit for the drones.

[w13ken] 07/11/2021 15:36

Manna Drone Delivery. Draper invested in Irish "last mile" drone delivery company Manna back in April. There will be sceptics about this of course, and I'm still to be won over 100%, but it's an interesting concept. A link to a new interview with the CEO & founder, Bobby Healy. is below.

* 10,000 customers in Galway - zero complaints
* Next town: 35,000 customers with a 98% positive disposition to drone delivery
* 20,000 different products, 3kg limit but can deliver multiple drones in formation
* Lots more info in the interview...

[brexitplus] 07/11/2021 10:15

Sorry about that. I simply sighed up to Research Tree FOC to gain access.

[princesa_consuela] 05/11/2021 21:56

Link is not valid unfortunately. Signed expiry time [Fri, 05 Nov 2021 15:38:52 GMT] must be after signed start time [Fri, 05 Nov 2021 21:55:55 GMT]

[brexitplus] 05/11/2021 15:38

Research Tree note

hxxps://researchtreefilesprod.blob.core.windows.net/originalnotes/draper-esprit_30167_20211105.pdf?sv=2018-03-28&sr=b&sig=%2BGyqCbiKBEWUgev5K%2BWHZkoH6Fcs1qDEhRPWl9wrwyE%3D&se=2021-11-05T15%3A38%3A52Z&sp=r

[w13ken] 04/11/2021 18:43

Excellent call :-)

[cordwainer] 04/11/2021 17:08

I had already actually pencilled in the 885 :

"cordwainer - 11 Oct 2021 - 14:28:16 - 520 of 533 Draper Esprit - VC Firm - GROW
I also added a few more at around 893p. ... Hard nav currently at approx 820p with historic annualised portfolio growth potentially lifting that to approx. 885p, ..."

[chester] 04/11/2021 10:18

I'm in for a few.

[johnrxx99] 04/11/2021 07:57

Phew, bought in a few days ago and it looks better than I'd predicted.

[bamboozler] 04/11/2021 07:29

Certainly ahead of what I had pencilled in. Should provide a lift comfortably back above £10

[brexitplus] 04/11/2021 07:23

Good trading statement.

[w13ken] 20/10/2021 13:13

Series A Investment in Satellite Vu by Draper Esprit. Investment in ESG/green companies is set to grow so should be good getting in this early.

"London-based space tech scale-up Satellite Vu has raised £15m in Series A funding, as it readies plans to launch seven thermal and infrared imaging satellites into orbit.

The satellites will be able to provide real-time data on how green, or energy efficient, every building on the planet is – as the UK seeks to decarbonise its housing sector.

The funding rally, led by London-listed Seraphim Space Investment Trust, saw tech-only venture capital firm Draper Esprit also pile into the fundraiser, alongside Ford Family Trust’s Stellar Solutions."

[donald pond] 20/10/2021 09:55

As cordwainer has set out in his previous posts there are quite a few other chunky mark ups on their way.

[w13ken] 19/10/2021 15:13

Aiven now a Unicorn. Here's another Draper Esprit holding that has rocketed in value this year to become a 'unicorn' - from $800m to $2Bn! Frothy again? Perhaps, but it will make for an interesting NAV update. I see £45.5m of Aiven fair value for GROW in Mar 2021 so back of an envelope calculation, maybe £113m now?

"Finnish open-source-as-a-service provider Aiven has attracted a $60m extension to its Series C funding which now values the firm at $2bn.

The latest cash injection suggests remarkable growth in the nominal value of the Scandinavian startup, founded five years ago, which was worth $800m when it got its first $100m-tranche of Series C funding in March.

Aiven sells open-source data technologies as a managed service. Unlike some DBaaS systems, which punt proprietary or less permissive licences for their as-a-service offers built on open source technologies, Aiven provides a stack of as-a-service systems in their true open source form.

Apache streaming platform Kafka is Aiven's most popular product, but open source relational database PostgreSQL, which released iteration 14 earlier this month, Apache Cassandra, Redis, MySQL, OpenSearch and more are available..."

[brexitplus] 18/10/2021 18:25

I certainly won’t be a customer. Vegan, ughh. Give me a good steak and kidney pudding, or bacon butty with lashings of butter any day.

[w13ken] 18/10/2021 08:59

"Draper Esprit partner Nicola McClafferty said: “Allplants is uniquely positioned at the intersection of some of the fastest-growing areas in food consumption today: high-quality, plant-based meals that deliver on taste, sustainability and nutrition in an incredibly convenient way for consumers.

“JP and the team have established a stellar brand with very clear values, incredibly strong growth and a loyal customer base. Allplants has real potential to scale its direct-to-consumer business while expanding into new channels both in the UK and beyond. We believe it can be a global brand, bringing nutrition, taste and convenience to the plant-curious consumer and we are delighted to be supporting the team as they grow and thrive.”

[w13ken] 18/10/2021 07:18

Draper invest in allplants.

"A vegan meal delivery start-up has secured £38 million in funding to capitalise on the growth in “flexitarians” as people reduce their meat consumption for health and environmental reasons.

The funding for the London-based allplants was led by Draper Esprit, the listed venture capital firm that has invested in Revolut, Cazoo and Trustpilot. It is said to be the biggest ever “series B”, or second round of venture investment, raised by a plant-based food company in Europe."

[bamboo2] 13/10/2021 13:30

Took a q profit on mine for now. Hope to be back soon.

[cordwainer] 11/10/2021 15:28

I also added a few more at around 893p. But since becoming a FT250 constituent maybe GROW is now a bit less immune to the general outlook this winter for the UK economy and passive index investor sentiment. Also trying to keep a bit of cash ready. Hard nav currently at approx 820p with historic annualised portfolio growth potentially lifting that to approx. 885p, but portfolio companies not entirely immune to general supply issues and a more fearful market could take the share price to a discount. Quite hopeful for a bounce back to £10+ but at this point I feel my target for 2021 of £12 is looking optimistic...

cordwainer - 21 Jan 2021 - 09:52:50 - 288 of 472 Draper Esprit - VC Firm - GROW
Based on analyst estimates, my conservative target price here for 2021 is £12.
Among my largest portfolio holdings.