Foldkin Friends and Family Round

Friends and family round pitch deck in eight honest slides

A friends and family round pitch deck has to prove one thing a venture deck never does: that the founder has told people who trust them exactly what could go wrong. Foldkin, an invented reusable courier satchel maker in Geelong, raises 150,000 dollars on a SAFE with a risk slide before the timeline.

Every slide, in order

The whole deck as it renders, one slide after another. Read it the way the audience would.

FOLDKIN · FRIENDS AND FAMILY ROUND

Mailers that come back

Eight slides, honestly

Reusable postage satchels for small online shops. We are asking people who know us for 150,000 dollars, and this deck says what that money bets on.

Lena Hartigan and Joel Ruan

Founders, Geelong

August 2027

Slide 1 · cover · Name the round for what it is, family and friends money, so nobody reads it as a venture pitch.

WHERE WE ARE

Proven, and not yet

Foldkin makes a padded courier satchel that a shop sends out, the customer drops back in any post box, and we clean and send to the next shop. Each one is built for 20 trips. In five months, 41 online shops and three stockists have paid 28,000 dollars to use them. That shows shops will pay. It does not yet show the business can make money at scale, and the panel on the right says what we do not know.

YES
Proven

Shops buy, and 63 percent reorder. 81 percent of satchels came back in the first five months. The satchel survives 20 trips in testing.

NOT
Not proven yet

That the return rate holds above 75 percent at volume. That we can clean satchels for under 40 cents. That a big retailer will switch.

02

Slide 2 · intro · What is proven and what is not, side by side, before any number, because these investors trust the founders and deserve the plain version.

One satchel, one trip

The loop repeats about 20 times before a satchel is recycled into new ones.

1

Shop packs

The shop packs an order in a satchel.

2

Courier delivers

The post or any courier delivers it as normal.

3

Customer folds

The customer folds it flat into its own return pocket.

4

Post box

Dropped in any red post box, postage already paid.

5

We clean

Checked and cleaned in Geelong.

6

Next shop

Sent back out in a bundle of 50 to the next shop.

Shops pay per trip, so a lost satchel costs us, not them

03

Slide 3 · process · How one satchel travels, in six steps, so a family investor can picture the product without a sample in hand.

MARCH TO JULY 2027

Five months of sales

Mar
Apr
May
Jun
Jul
025005000750010000
Sales

SALES TO DATE

$28,000

Five months, all invoiced and paid

STOCKISTS

3

Two packaging wholesalers and one co-op

SHOPS BUYING

41

Ordering direct from our website

REORDER RATE

63%

Shops that ordered a second time

04

Slide 4 · metrics · Five months of sales by month with the four numbers that matter beside it, and nothing projected.

What we are asking for

A SAFE: your money turns into shares when we raise a priced round. It is not a loan and it pays no interest.

$150,000 on a SAFE

1.5 million dollar valuation cap, 20 percent discount, at most 20 investors

$60,000

Second mould

Halves the satchel cost and adds the larger size shops ask for.

$45,000

Stock

About 14,500 satchels at the current 3.10 dollar cost, so a shop never waits for returns before it posts.

$30,000

Wages

Six months of a part time cleaning and dispatch hire, so Joel can sell instead of wash.

$15,000

Buffer

For the month something breaks, which in five months has already happened twice.

05

Slide 5 · investment · The 150,000 dollar ask, the SAFE in one line, and four uses of the money with amounts.

Please read this one twice

Only put in money you could lose without it changing your life or our friendship.

You could lose all of it

Most small companies fail. If Foldkin does, a SAFE is worth nothing.

You cannot sell it easily

There is no market for SAFEs in a small company. Expect your money to be tied up for years.

There may be no priced round

If we never raise again, the SAFE may never become shares at all.

The cap is not a value

The 1.5 million dollar cap is a ceiling for converting, not what the company is worth today.

No dividends

Any profit goes back into the business. You will not receive regular payments.

06

Slide 6 · checklist · The risks in plain words, one line each, because friends and family investors are rarely shown them and always should be.

The next twelve months

What we will have done by the end of each quarter. If we miss one, the monthly update will say so.

Oct to Dec 2027

Second mould in production. Satchel cost falls from 3.10 dollars to about 1.60. Christmas peak run through the Geelong unit with the new part time hire.

Jan to Mar 2028

Larger satchel size on sale. Target 80 shops buying and a fourth stockist. First month above 15,000 dollars of sales.

Apr to Jun 2028

Cleaning cost measured over six full months. If it is under 40 cents a trip, the business works at scale and we say so.

Jul to Sep 2028

Either a seed round with these numbers, or a decision to grow slowly from sales. Both will be explained to you before we choose.

07

Slide 7 · timeline · The next twelve months quarter by quarter, so the money can be checked against what actually happened.

How you will hear

Every investor, every update, the good months and the bad ones.

Monthly

Email, first Monday

Quarterly

Sales and bank balance

Yearly

Dinner at the unit

Any time

Lena, 0491 570 156

08

Slide 8 · closing · How updates will reach investors, which matters more to this audience than a contact line.

The structure

What each slide is doing, so you can reuse the order even with different content.

Slide 1cover
Name the round for what it is, family and friends money, so nobody reads it as a venture pitch.
Slide 2intro
What is proven and what is not, side by side, before any number, because these investors trust the founders and deserve the plain version.
Slide 3process
How one satchel travels, in six steps, so a family investor can picture the product without a sample in hand.
Slide 4metrics
Five months of sales by month with the four numbers that matter beside it, and nothing projected.
Slide 5investment
The 150,000 dollar ask, the SAFE in one line, and four uses of the money with amounts.
Slide 6checklist
The risks in plain words, one line each, because friends and family investors are rarely shown them and always should be.
Slide 7timeline
The next twelve months quarter by quarter, so the money can be checked against what actually happened.
Slide 8closing
How updates will reach investors, which matters more to this audience than a contact line.

Slide by slide

Slide one names the round on the cover, so nobody mistakes it for a venture pitch. Slide two sets out what is proven and what is not. Slide three shows one satchel travelling from shop to customer and back in six steps. Slide four is five months of sales with stockists, shops buying and the reorder rate. Slide five explains the SAFE in one sentence and splits the 150,000 dollars four ways. Slide six is the risks. Slide seven is the next twelve months by quarter, ending in a choice between a seed round and slower growth. Slide eight says how investors will hear about progress, month by month.

How to adapt this deck

A founder raising a loan from family rather than equity should replace the SAFE slide with the loan terms: amount, interest, repayment dates and what happens if a payment is missed. A service business with no product to show can merge slides three and four into one slide of customers and revenue. A founder raising from more than a handful of people should check the small scale offer limits first and say on slide five how many investors the round will take.

What family investors need to see

The Australian Securities and Investments Commission explains that a company can make personal offers to fewer than 20 people in a twelve month period, raising no more than 2 million dollars, without a disclosure document, as long as the offer is not advertised. That limit is why this deck caps the round at 20 investors. Y Combinator publishes the SAFE documents and a user guide that explain how conversion works; even with an Australian version, a founder should be able to explain the cap in one sentence, as slide five does.

What makes this deck work

Not proven is a heading

Slide two gives proven and not proven equal panels. Return rate at volume, cleaning cost under 40 cents and a big retailer switching are all named as unknowns. Family investors rarely see that written down, and it is the reason this deck can be trusted.

The risks get their own slide

Slide six lists five risks in one line each, starting with you could lose all of it, and explains that the 1.5 million dollar cap is not a valuation. Putting this after the ask and before the timeline means nobody signs without reading it.

Small numbers, all reconciled

The five monthly bars on slide four add to 28,000 dollars, and the four uses on slide five add to 150,000. The stock line, about 14,500 satchels at 3.10 dollars, matches the satchel cost on the timeline. Small rounds are judged on care, not size.

Questions people ask

Do I need a pitch deck to raise from friends and family?

You do not need one, but writing it forces you to state the terms, the risks and how you will report back. A short deck also protects the relationship, because everyone signs having seen the same eight slides. This example takes about ten minutes to read.

What should a friends and family deck say about risk?

That the money could be lost entirely, that it cannot easily be sold, that there may never be a round where it converts, and that there are no dividends. Plain words, one line each. Slide six of this example is a model you can copy almost word for word.

Should friends and family invest on a SAFE or a loan?

A SAFE converts to shares at a later priced round and pays no interest, so it suits a company that hopes to raise again. A loan suits a business that expects to repay from profit. Get advice on either; the deck should simply state which one and how it works.

How many people can invest in a small Australian round?

ASIC guidance says personal offers to fewer than 20 people in twelve months, raising up to 2 million dollars, need no disclosure document if the offer is not advertised. That is why this deck caps the round at 20 investors. Check the current rules with an adviser before you send the deck.

How do I show early sales without looking small?

Show them by month so the direction is visible, and put the measures that matter beside them, such as repeat orders and stockists. Five months rising from 2,600 to 8,800 dollars says more than a single total. Do not project the line forward on this slide.

How should I promise updates to family investors?

Name the channel and the frequency, and promise the bad months too. This deck commits to a monthly email, quarterly sales and bank balance, and a yearly dinner. A closing slide like that matters more to this audience than a contact card.

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Sources

Written and checked by the OneCraft team. Last checked .