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Transparent Venture Capital by Tribe Global Ventures

Tribe Talkin Ep 71: Small Is The Future. Kiki In Trouble Again. KKR Acquires Stake In Employment Hero. Get Fast, Lose Fast. Splose AI Raises $5m. Sharts.

Transparent Venture Capital by Tribe Global Ventures

Tribe Global Ventures

Investing, Business:investing, Business, Entrepreneurship

51 Ratings

🗓️ 22 February 2025

⏱️ 73 minutes

🧾️ Download transcript

Summary

In this week's episode: Five V SaaS Summit, Sydney March 20th 2025.  KKR Acquires Stake in HRM Platform Employment Hero from SEEK Investments. Kiki’s investor reports reveal millions burned amid legal risks. The middle class engineer is dying. And it's dying because they're not needed anymore. ​​​​​​​ Small teams are the future.  What comes fast can be lost fast. Splose AI raises $5million. Finding creative loop holes. [email protected]

Transcript

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0:00.0

Like, I think nine times out of ten, it would have been raised six million dollars, employee 20 to 30 people, build a really good app, and then there's no customers. But here, like, it's a totally different

0:21.8

narrative. We've got a team of four and there isn't an app, everything's super manual, but like we've

0:26.9

got these customers that are so obsessed and you look at the Instagram and like, I haven't seen

0:32.8

anyone else with customers that just truly love the platform like Kiki. In life, anything that's really easier to come by tends to be easy to lose.

0:43.3

People that are easily excited are also the same people that are easily diluted.

0:47.3

And so I utilized GPT was the platform I chose, and I uploaded our notion in different pages,

0:58.9

and I said, let's role play a conversation with an investor. And so from that, I was able to

1:04.4

plug a couple of holes, that it couldn't point to anything in the notion that we spoke to.

1:09.4

I tried to actually sit there and be strategic about

1:12.1

going beyond what I normally use an AI tool for. It's more common in Silicon Valley to be

1:19.9

building something purely for the tech to be acquired and they actually even involve the party

1:25.6

that they were going to be acquired by, they're involved early

1:28.0

on the board, on the cap table, and they're just building for that acquisition.

1:32.8

I'd actually personally love to see more of that in Australia.

1:36.5

You know what age, the average lawyer and accountant dies at?

1:43.1

No.

1:44.2

Well, if you go by their billable hours around about 320.

1:47.8

What?

1:58.0

Morning, team.

1:59.1

Morning.

1:59.8

Morning.

2:00.3

Morning, guys. Legends. Morning, legends.

...

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