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Transparent Venture Capital by Tribe Global Ventures

Tribe Talkin' Ep 36: Co-Founders More Likely To Build Unicorns. First Time Or Second Time Founders Best? Farquar Steps Down. Canva Staff To Buy Houses.

Transparent Venture Capital by Tribe Global Ventures

Tribe Global Ventures

Investing, Business:investing, Business, Entrepreneurship

51 Ratings

🗓️ 1 May 2024

⏱️ 65 minutes

🧾️ Download transcript

Summary

In this weeks episode:  Spac listing hobbled Tritium making it hard to raise fresh capital. Reasons for failure coming out in administration process.  Scott Farquar stepping down from Atlassian. Canva employees are going to buy houses and pay off debt.  First time vs second time founders: is success more likely?  Co-founders more likely to build unicorns. Industries more likely or less likely to have 4+ co-founders vs solo founders Do what you say you will do & keep turning up. Charts [email protected]

Transcript

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0:00.0

What are your thoughts on first time versus second time, founders?

0:12.6

I think there's a lot to be said for naivety.

0:15.0

Value of actually not knowing how eff and hard it's going to be and approaching things

0:20.5

from first principles.

0:21.6

I think all of us have always had a really strong adverse reaction when we see a co-CEo title.

0:27.6

Yeah, it's bullshit.

0:28.6

But here, they've made it work.

0:30.6

I try and make sure that organisations never use restructuring for downsizing.

0:36.6

Keep downsizing in the negative context, right? I've got to cut

0:40.1

people. But restructuring, make that exciting. It's going to be a bloody hard task to try and get a

0:45.9

successful outcome. And if you're sleeping too well, like you don't have that necessity to get up

0:51.8

and fight. We all have behaviours when things get uncertain, when things get challenging, when things get

0:57.8

problematic and we tend to default to the worst of ourselves and they obviously were able to

1:04.0

handle that.

1:05.4

This is an interesting chart.

1:06.8

Swear words in Taylor Swift's albums.

1:10.3

This is possibly your best chart yet, Don.

1:12.6

Where did you find this, Don?

1:15.7

I reckon he made it.

1:17.3

I reckon he's listening to Swifty that much.

1:19.4

He's chatted it himself.

1:22.4

A survey on blind from 119 former and current Canva employees of what they're going to do with their cash.

...

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