Transparent Venture Capital by Tribe Global Ventures

Tribe Talkin' Ep 30: Hope You Suffer! Emerging VC's Fear Big Super? Unicorn Deputy. Capital Raise Roundup. Stone & Chalk Deficit. Elaine Stead To Main Sequence. WiseTech Making Staff Rich.

In this episode of Tribe Talkin': 
Financial Services Minister Stephen Jones has vowed to crack down on companies seeking to circumvent laws designed to 'staple' workers to a single superannuation fund during employee onboarding programs. (Capital Brief Anthony Galloway)
Emerging venture capital managers have raised concerns about the influence super funds have gained over the local startup ecosystem. (Capital Brief Bronwen Clune) 
Australian workforce management software maker Deputy has cracked the billion-dollar valuation milestone, the first private technology “unicorn” company to emerge since the tech funding market soured in early 2022. (AFR: Tess Bennett).
Seven Aussie startups that raised $11.8 million this week. (SmartCompany: Eloise Keating). 
Invoice payments startup Marmalade raises $16m. (Capital Brief: Prashant Mehra) 
Alumni of climate tech startup accelerator EnergyLab raised a record $289 million in 2023, with Australian-based startups accounting for $124 million of that total. (Business News Australia) 
Predictive intelligence marketing tech Prophet raises $5m in seed round backed by Catalano. (Business News Australia: Matt Ogg)
Hola Health greets a new chapter in telehealth with $4.5m pre-Series A raise. (Business News Australia: Matt Ogg) 
Do the best deals have no "fanfare"? Sam Jacobs
Jensen Huang hopes you suffer!
Stone and Chalk touts resilience despite $7m loss. (Capital Brief: John Buckley and Bronwen Clune)
Spacecubed and CORE Innvoation Hub
Elaine Stead joins Main Sequence. (Capital Brief: Bronwen Clune)
Of its 3300 employees, 85 per cent own WiseTech shares thanks to an employee share scheme. (AFR: Yolanda Redrup)
For the first time in at least 5 years, there were more total job departures from companies on Carta than there were total new hires.
 Public Market & Macro Charts
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Founder Focus Ep 11: Dan Jovevski of WeMoney

In today’s episode of Founder Focus, we talk with Dan Jovevski from WeMoney.WeMoney is a Perth headquartered financial platform designed to help users manage their finances more effectively by connecting their entire financial life in one place, tracking budgets, monitoring net worth, understanding credit scores, and fostering a community for sharing financial experiences and advice.Dan shares the story of WeMoney, emphasizing its mission to help individuals achieve financial clarity and freedom.WeMoney's growth has been remarkable, with downloads nearing 600,000, much of this success being attributable to organic, word-of-mouth user acquisition. Dan's branding is impeccable, and you won't find a founder with better merch. The conversation delves into practical aspects of startup management, such as the importance of monitoring key metrics like the customer acquisition cost (CAC) to lifetime value (LTV) ratio, and the strategic decision-making involved in prioritizing growth in the Australian market over immediate international expansion.Dan discusses his focus on creating a company operating system, with an emphasis on developing leadership principles and proactive conflict resolution techniques. Dan explains how he embeds core values into daily operations, ensuring they transcend mere rhetoric. This approach not only attracts but also retains top talent by fostering a sense of belonging and purpose, which in turn enhances team productivity and cohesion.hello@tribeglobal.vc 

Tribe Talkin Ep 29: Employment Hero V Hostplus. Female Founder Grants & Ecosystem Support Resources. Dovetail Turnover & Churn. PWC Shrinking. Canva Juggernaut. Macro Charts.

In this episode of Tribe Talkin':
More reflections from Southstart.
Event with Vu Tran of Go1.
Employment Hero V Hostplus. Hostplus calls for CEO's head. (AFR: Tess Bennett, Lucy Dean & Nick Bonyhady) 
New female founder grants in South Australia. 
Resources for addressing sexism, harassment, and bullying put together by Elaine Stead. 
US and European data for female funding. 
What are the chances your startup gets bought? Not high. 
Dovetail "struggling" with staff turnover and churn. (AFR: Jessica Sier) 
PWC cutting more people. The death spiral of professional services cutting staff.  (AFR: Paul Smith and Edmund Tadros).
Canva reaches 60% growth.
Will the Canva secondary sale give rise to the "Canva Cartel"? (Capital Brief: Dan Van Boom) 
Selling a business for $500 Mil and the founders getting almost nothing. 
Statistics on VC's getting a 2nd, 3rd and 4th fund. 
Smaller funds have the best returns. 
TVPI= Theoretical Value, Possibly Imagined
Macro/ Market charts
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Tribe Talkin' Ep 28: Southstart! Employment Hero vs Hostplus. Man Baby Sues OpenAI. Venture Debt Myths. ESOPs. Crossing The Chasm.

In todays episode of Tribe Talkin': 
We're at Southstart!
Bitcoin all time highs. And so is Gold. 
Employment Hero vs Hostplus. (Capital Brief: Bronwen Clune).
Elon sues OpenAI
Lawyers in Elon's pay case want US$6 Billion. 
One Ventures breaks down venture debt myths. 
Raising season is open. 
Raid fire capital raises.
How long it takes to get to certain points of investments.
ESOPs can make life difficult. (Capital Breif: Dan Van Boom). 
Secondary sales at Hopin. (AFR: Nick Bonyhady)
Crossing the chasm. 
Hello@tribeglobal.vc 
 

Investor Focus Ep 5: Dr Judy Halliday. Director, R&I Programs and Office of the SA Chief Entrepreneur

In this episode of Founder Focus: 
Dr. Judy Halliday is an exceptionally rare and valuable asset in the Australian innovation ecosystem, having operated in every pillar of the innovation landscape as an inventor, founder, investor, academic, director, advisor & industry professional across both private and public sectors as well as universities.
A prominent figure in the South Australian innovation and entrepreneurship landscape. She currently serves as the Director of the Office of the South Australian Chief Entrepreneur within the Department for Innovation and Skills (DIS). 
She also current serves as a NED at KIK Innovation, working to end youth unemployment through entrepreneurship education, is an Activator at SheEO, is an Advisory Board member of both the Medical Device Partnering Program and the Institute of Photonics & Advanced Sensing at the University of Adelaide
Prior to her current roles she was also a key figure at TechInSA (formerly known as BioSA), an organisation dedicated to supporting South Australia's high-tech sector, as well as roles at UniQuest and a former Director of the Australian Society for Medical Research.
And if that isn't enough, she was also a torch bearer for the 2000 Sydney Olympic Games!
hello@tribeglobal.vc 

Tribe Talkin' Ep 27: Soph. Investor Changes Will Happen. VC Facing a Cleansing. Blackbird Heads Offshore. Berkshire Annual Report. Octopus Deploy. Afterpay & Block. GTM vs Funnel Metrics.

 In today's episode of Tribe Talkin' 
Listener feedback "keep the sh*t bits in". 
Sophisticated investor changes are likely to happen:Bronwen Clune of Capital Brief summarises the key submissions from the ecosystem. 
Financial Services Council says hike the threshold to $5 Million. 
Berkshire Hathaway annual report. The first post Charlie's passing. 
Australia's venture capital scene is facing a 'cleansing' by Nick Bonyhady of the AFR. 
Rayn Wong explains what you need to be able to do to be good in VC. 
Blackbird heads to the US to find bigger deals. 
Octopus Deploy does its first large acquisition by Simon Thomsen of Startup Daily.
Block's acquisition of Afterpay and what we can learn. A great deep dive by Jack Derwin of Capital Brief. 
Would you choose the same VC's? A survey from SaasTr. 
hello@tribeglobal.vc 

Tribe Talkin' Ep 26: Canva's CFO Resigns. Capital Raising and M&A Activity In The Oz Ecosystem. Zuck's Got Fight. US Listed Markets. Listener Feedback.

Episode Webpage with all the charts : https://go.tribeglobal.vc/podcast/episode-39-tribe-talkin-ep-29-canva-cfo 
In todays episode of Tribe Talkin': 
Canva's CFO Damien Singh resigns: 
Tegan Jones of Smart Company first article.
Bronwen Clune  of Capital Brief first article. 
Tess Bennett and Jessica Sier of AFR article.
Tegan Jones of Smart Company second article. 
Bronwen Clune  of Capital Brief second article. 
Jessica Sier and Paul Smith of AFR article.
David Swan of SMH article. 
Bronwen Clune of Capital Brief Toxic Positivity.
Lucy Wark LinkedIn post. 
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Ansarada acquired for $263 Million.
Altium take over offer from Japan's Renesas.
Haris Qureshi provides a great tech summary
Three Aussie startups that raised $198.4 million this week:
Bugcrowd: $156 million.
Diraq: $23 million.
Marqo: $19.4 million.
Fat Zebra (undisclosed). 
Gilmore Space raises $55 million. 
Zuck not going down without a fight with Apple's new Vision Pro.
Interesting medical use cases for Vision Pro .
Zuck may be missing the point. 
AI boom continues:
OpenAI Sora.
Google upgraded Gemini.
Nvidia releasing Chat with RTX.
Where is this all heading? Michael Jackson provides a summary of the "AI is like Water" article by Morgan Beller. 
Taylor Swift provides some lessons in a world of AI GTM.
US Listed markets:
Super Micro Computer's CEO does an interview and the stock falls 20%. 
Nvida has big shoes to fill from a valuation point of view. 
Markets are melting up. 
 - Listener feedback which we very much appreciateHello@tribeglobal.vc

Tribe Talkin' Ep 25: Social media: Facebook Turns 20, Gaming The LinkedIn Algo. Kiki, Again. Is Customer Focus #1? Sales Velocity. Forecast Funding Frenzy. AI.

In this episode of Tribe Talkin': 
Facebook turns 20. An article by Daivd Swan on Facebook being the poster child for "enshittification". 
Kiki's founder Toby Thomas-Smith issues an apology. We share what we think of it. 
"The Founders Dilemma": what to focus on and the customer should be number one. An article in Startup Daily. We have a different view. 
People are trying to work out the LinkedIn algorithm. We think this explains it: 
Vu Tran provides great post on "sales velocity". 
Is a funding frenzy now underway? 
How safe are Safe Notes? 
OneVentures closes its first fund with a 4x return. 
AMSL lands its first customer. 
OpenAI now "speaking" 100 billion words per day. 
OpenAI may need "$7 Trillion" of capital. 
Will Nvidia end up like Cisco? 
ChatGPT used in relationship finding and advice. 
Jack tempts fate on Valentines Day. 
hello@tribeglobal.vc