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Transparent Venture Capital by Tribe Global Ventures

Tribe Talkin’: Sole Founders vs Co-Founders

Transparent Venture Capital by Tribe Global Ventures

Tribe Global Ventures

Business:investing, Investing, Entrepreneurship, Business

5.01 Ratings

🗓️ 4 August 2023

⏱️ 35 minutes

🧾️ Download transcript

Summary

Welcome to episode one of Tribe Talkin', a format where the Tribe team discusses issues hitting news rooms, as well as sharing a core concept relevant to venture capital and high growth businesses.  In this episode we discuss "The Founder", a documentary brought to life by Luke Anear from SafetyCulture, documenting Luke's behind the scene journey alongside other founders like Canva’s Melanie Perkins,  Brighte’s Katherine McConnell and Finder’s Fred Schebesta https://if.com.au/founder-trailer/  The series aims to capture the deep uncertainty, doubt, and struggle founders face in trying to create something from nothing. One journo describes it as one big circle jerk! Hhmm. It’s not every day we get to reference a circle jerk in a podcast, but here we are. We talk about local VC news- that 9 VC funds are reported to be currently raising captive funds and what we think that means for the Australian VC industry.  We look at the Blackbird manifesto focused on start-ups coming out of research institutions. It describes some structural barriers stopping effective knowledge transfer flowing out of universities.  https://www.blackbird.vc/foundry  For our concept deep dive, we look at sole Founder’s vs Co-Founder teams, and the reason we prefer multi-founders from a personal and investment perspective. Whilst we talk about the reasons we prefer these Co-Founding teams, we also discuss the big issue that sometimes plagues them: conflict. Yet whilst conflict is inevitable, it is desirable in the right conditions, and we give a few simple ideas on how to manage it. The full blog article on the topic can be found here: https://tribeglobal.vc/why-co-founders-teams/    As with all our content, we’ve love to hear from you, especially if you have a different view. If you like what you hear, we’d really appreciate if you can rate the podcast and any comments are always welcome.   https://tribeglobal.vc/   hello@tribeglobal.vc

Transcript

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0:00.0

Welcome to episode one of Tribe Talkin, our podcast format where the Tribe team talks about various topics that hitting the newsroom each week, as well as a core concept relevant to venture investing and high-growth businesses.

0:13.7

Today's episode talks about The Founder, a documentary put together by Lukeaneer of Safety Culture, featuring Luke's behind-the-scenes journey,

0:21.6

as well as other companies such as Canva, Brides, Finder.

0:25.3

The series aims to capture the deep uncertainty, doubt and struggles founders' face

0:29.3

in trying to create something from nothing.

0:32.1

Now, one journal describes it as just one big circle jerk.

0:35.8

Really?

0:36.7

Now, it's not every day you get to use those words in a podcast

0:39.3

and you'll see we lean into this with great delight.

0:42.3

We talk about some local VC news that nine VC funds are reported to be raising captive funds

0:47.3

and what we think this means for the Australian VC industry.

0:50.3

We talk about Elon rebranding Twitter to X and our perceptions on meta launching the competitive

0:57.0

threads app.

0:58.0

For our concept deep dive, we look at sole founders versus multi-founder teams and the reason

1:04.0

we prefer multi-founder teams from an investment perspective.

1:07.0

Whilst we talk about the reasons we prefer these co-founding teams, we also look at the big issue that sometimes plagues them, and that's conflict.

1:14.6

But whilst conflict is inevitable, it's desirable in the right conditions.

1:18.6

And we give a few simple ideas on how to manage it.

1:21.6

Now as per all our podcasts and content, we'd love to hear from you, especially if you have a different view. If you like

1:28.7

what you're here, we'd really appreciate if you could rate it and any comments are always welcome.

1:39.5

So, so we sort of maybe introduce this format of the podcast first. So we're doing three different types of podcasts, I think, for Tribe.

1:47.0

One is interviews with our founders and are trying to kind of share their experiences,

...

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