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Transparent Venture Capital by Tribe Global Ventures

Tribe Talkin' Ep 45: AI Removes VCs? PE Taking On VC. PE's Aggressive Terms. Companies Going Into Administration.

Transparent Venture Capital by Tribe Global Ventures

Tribe Global Ventures

Investing, Business:investing, Business, Entrepreneurship

51 Ratings

🗓️ 11 July 2024

⏱️ 57 minutes

🧾️ Download transcript

Summary

In this weeks episode: Cut Through Quarterly 2Q 2024. Mega VC deals are back - but new founders face a big problem.  Rise of the robot investors: is AI about to eat VC's lunch? Can we be better than a monkey throwing darts?  The greatest angel investment in history: Forrest Gump. Using AI shows you have a low IQ?  PE eying startups as VCs abandon later stages.  PE terms are far more aggressive than VCs.  Booktopia goes into VA.  Universal Hydrogen goes into VA.  Sharts: [email protected]

Transcript

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0:00.0

Speaking of abandoning things,

0:12.0

commentary around VCs abandoning later stage investing has opened the pathway for private equity to start eyeing off startups at those later stages.

0:20.2

Australian startups raise 1.5 billion across 99 deals in the three months to June 30,

0:25.6

making it the sector's strongest quarter in 18 months.

0:28.6

Mega VC deals are back, but new founders face a big problem.

0:32.6

It's not as easy to sell a business right now, so the likely acquirers that we may have predicted

0:39.5

for portfolios aren't there, so we have to go looking at other avenues.

0:44.6

Of the three top guys in the world on Wall Street, the blindfolded monkey beat two of them.

0:51.0

He beat two of them.

0:52.2

That's how ludicrous the idea is.

1:06.2

Don, how are you? Hey, buddy. I'm still here.

1:11.1

Thought we through it. It was just a disaster. Maggie started Saturday. And then it was Sunday night that she just, yeah.

1:14.7

Then Libby got sick, I guess Monday lunch and was in a little bit of a bad way.

1:21.3

And then we start the Chris Gillings podcast.

1:25.2

Libby's a trooper, right?

1:26.3

Like she's an absolute machine.

1:27.7

It would take a lot to bring her down.

1:29.4

And then Jack started going off.

1:31.9

At the same time, Maggie's going off.

1:33.7

And that's when in the middle of the Gilling's episode, I get thrown a baby and said,

1:40.3

I need you now.

1:41.9

And then about an hour later, Matilda goes down.

...

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