Tribe Talkin’: Why now is a good time to invest in VC

Welcome to Tribe Talkin’ Episode two, by Tribe Global Ventures, the B2B VC.

In today’s episode we talk about Blackbird selling 3% of their stake in Canva, and what that means for the ecosystem in general. As part of this we talk about how important it is to have an interconnected ecosystem of founders and investors to help companies navigate big challenges.  

In this, we discuss how important the recycling of capital is to the ecosystem, and touch on Side Stage Ventures raising funds backed by other tech founders from companies such as Go1.

There were reports this week that some bank VCs were winding up, and how one founder with investment from one of these VC’s described it as a very good thing they were winding up. Ouch. We discuss the issues corporate VC’s face in general, and the disconnect that often occurs between the culture of the corporate and the culture of the start-up.

But it's not easy or black and white, and we discuss news that Bardee, a company that had raised $5million in late 2021, was laying off staff which follows the resignation of the investor director from Blackbird. We talk about the complexities of being a director appointed by a shareholder, and the conflicts appointed directors need to navigate in balancing their various obligations.

For our deep dive, we look why the recent “tech wreck” so to speak is not a total investment wreck, following an article Elaine has published on her view of the Australian venture capital market given her 17 years unbroken investment experience across multiple cycles. You can read this article here:

https://tribeglobal.vc/why-tech-wreck-not-investment-wreck/ 

We talk about how conditions in Australia, in many ways, are the healthiest and most robust they have been, and look at different factors emerging in terms of fund specialisation, valuations, and the changes founders need to make during times of abundance vs scarcity.

We hope you like todays episode, and welcome any comments, and appreciate if you could rate the podcast whilst you’re here.

hello@tribeglobal.vc 

For more information on the portfolio companies shared in this episode: 

https://www.aplyid.com/ 

https://www.kanopicover.com/ 

https://www.swarmfarm.com/