Tribe Talkin’: Why now is a good time to invest in VC
Transparent Venture Capital by Tribe Global Ventures
Tribe Global Ventures
5.0 • 1 Ratings
🗓️ 12 August 2023
⏱️ 42 minutes
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Summary
Transcript
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| 0:00.0 | Welcome to Tribe Talkin, Episode 2 by Tribe Global Ventures, the B2BVC. |
| 0:14.7 | In today's episode, we talk about Blackbirds selling 3% of their stake in Canber, |
| 0:19.4 | and what that means for the ecosystem in general. |
| 0:22.6 | As part of this, we talk about how important it is to have an interconnected ecosystem |
| 0:26.6 | of founders and investors to help companies navigate big challenges, and we discuss how important |
| 0:31.6 | the recycling of capital is to the ecosystem by touching on side stage ventures, raising funds back by other tech founders |
| 0:39.1 | from companies like Go One. |
| 0:41.5 | There were reports this week that some bank VCs are winding up and how one founder of an |
| 0:46.2 | investment from one of these VCs describes it as a very good thing. |
| 0:50.3 | Ouch. |
| 0:51.4 | We discuss the issues corporate VCs face in general and the disconnect that often |
| 0:56.0 | occurs between the culture of the corporate and the culture of the startup. But it's not |
| 1:00.3 | easy or black or white and Newsparty, a company that had raised $5 million in late 2021, was |
| 1:07.2 | laying off staff which follows the resignation of the Blackbird Director who was one of their investors. |
| 1:12.6 | We talk about the complexities of being a director appointed by a shareholder |
| 1:16.6 | and the conflicts appointed directors need to navigate in balancing their various obligations. |
| 1:21.6 | For our deep dive, we look at why the recent tech wreck, so to speak, is not an investment wreck following an article |
| 1:29.2 | Elaine has published on her view of the Australian venture capital market, given her 17 years |
| 1:34.2 | of unbroken investment and experience across multiple cycles. |
| 1:38.1 | We talk about how conditions in Australia, in many ways, are the healthiest and most robust |
| 1:43.1 | they have been and look at different factors emerging in terms of fund specialisation, |
| 1:48.8 | valuations and changes founders need to make during times of abundance versus scarcity. |
... |
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