Tribe Talkin' Ep 50: SaaS Metrics. Exec's Leaving Canva. Breakthrough Victoria Sued. Decelerating SaaS Growth.

Transparent Venture Capital by Tribe Global Ventures

Tribe Global Ventures

Investing, Business:investing, Business, Entrepreneurship

5 • 1 Ratings

🗓️ 15 August 2024

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this weeks episode of Tribe Talkin': Man baby owner of X/Twitter is suing a group of advertisers and major companies, accusing them of unlawfully agreeing to "boycott" the site. Flippa's CEO says he's been told not to publicise VC exits that aren't fund returners because they don't fit the narrative. Is it easier to get $200million than $2million? Shunned by banks and major funds, Sircel managed to secure $5 million. Loan Bio lays off the majority of its staff in the US after six months. 5 execs have left Canva ahead of IPO. Start-up founder Dr Dean Freestone is suing the Victorian government’s troubled venture capital fund Breakthrough Victoria. Companies becoming more product led to arrest falling growth. Atlassian has a weak quarter. Public SaaS metric benchmarks by Matt Aird. Tech unicorn SafetyCulture is on the hunt for a new Chief AI office. Venture backed startups take a decade to build. The best vintages of VC is when its hard. 10 startup lies. Sharts: [email protected]

Transcript

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0:00.0	I genuinely think that 90% of failure all comes from the same no more than 10 patterns maximum.
0:17.6	You look at a really successful company and see how they did things. In my view,
0:21.8	it's next to impossible to replicate that. But when a company fails, that's all replicatable
0:26.6	stuff that we didn't pay enough attention to. Toby signs off on his investor updates,
0:33.4	and it's like going homeless or going somewhere. I just love that.
0:40.1	These are the 10 startup liars.
0:42.8	I'm a Forbes 30 under 30.
0:45.1	What it actually means is I paid a PR firm 50 grand
0:48.5	so my mum could be proud of me.
0:51.0	They listened to him, did what he said,
0:52.9	and now he's suing them for doing it. But it also,
0:55.5	it is a reminder for founders of how litigious trigger-happy they are in the US. And we talk
1:01.1	with trade missions and preparing founders for different markets. But in the US, it's like default
1:05.0	litigation. Good morning.
1:11.2	Morning, boys.
1:12.0	Morning, guys.
1:12.9	It's the middle of August and it's monsoonal.
1:16.4	And I'm going to have to do a lot of editing to this episode to get rid of that sound of hissing down rain at the moment.
1:22.2	I don't know what's happening.
1:23.2	I think it's because we organized an event at my place in a couple of weeks.
1:26.6	And now the universe has said, all right, I'm going to bring you the tribe weather.
1:31.6	I think with the number of events that we've organized this month and early into next
	...

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