First time founder, I need more time.

Second time founder, I need more focus.

First time founder, I need to hire a head of sales.

Second time founder, I am the head of sales.

First time founder, let me show you what we've built.

Second time founder, will you show me why this is a problem? I did a quick search of percentage

of population. In the US, it's 2.2% of the population coming out at 7.5 million high net worth

individuals. In Australia, that's 0.9% of percentage of population and 234,000

individuals. So if we're just looking at that angel network of people who have the liquid assets

that can potentially fund our startups, it's a huge disparity. There has been commentary for a while that

Aussie founders tend to exit much earlier than, say,

a Silicon Valley counterpart, and it's because we're quite happy to walk away with 20 mil and live

happily ever after because we value lifestyle on all these other things.

I think the takeaway here for investors is just any time we have a new technology, there's always going to be a wave

of bad actors. It's inevitable. Like, right now, it's AI. Before that, it was blockchain. Like,

you can plot this, just going back. Morning. Morning. Morning. How we going to be going? Bloody awesome.

I was just thinking, for the poor listeners that don't get the video version,

they don't get to see Don on the farm with his hat.

Like this is, imagine the most pretentious.

Yeah, just imagine that.

Have you clocked it?

Like, later on I'll have my RM boots and my RM belt.

...