Transparent Venture Capital by Tribe Global Ventures

Founder Focus Ep 12: Lucy Wark of Sexual Wellness Co. Normal, Career Skills Co. FuzzyHQ & Safety & Respect Advocacy Co. Grapevine

In this episode of Founder Focus, we are joined by Lucy Wark. Lucy is the co-founder of a number of for-profit and not-for-profit entities including: 
🤝 Career-accelerating skills @ fuzzyhq.com🥰 Sexual wellness for all @ itsnormal.com🍇 Making startups safer @ askthegrapevine.com
This is a great episode for founders with key topics such as:
Entrepreneurial Journey: Lucy shares her personal journey to entrepreneurship, which includes moving overseas for education and her involvement in startups, highlighting the diverse paths that can lead to founding a company.
Empowering Negotiation Skills: Lucy discusses the importance of negotiation skills, an essential tool for founders who need to navigate deals and partnerships effectively in all fields. A link to Fuzzy HQ's negotiation course Negotiation for Leaders & Operators can be found here. 
Insights into Consumer and Social Dynamics: With Lucy's background in social sciences, she shares various "mental models" that help her in her company building journey.
Social Impact and Business Models: A theme of Lucy's entrepreneurial focus is combining profit with purpose, by pairing products with educational content.
Investment into female founders: Lucy's shares her belief that at least 50/50 investment representation is possible and why. 
Grapevine: Why this initiative is so important and what it is seeking to achieve. 
And much more!hello@tribeglobal.vc

Tribe Talkin' Ep 33: Why Companies Die. What VC's Really Mean. SaaS Growth Slows. Canva $ Hit. GoCatch Wasn't Exactly Doing Well. Charts.

In this episode of Tribe Talkin':
GoCatch v Uber
First day in court 
GoCatch faces questions 
GoCatch had actually lost 90% of users by the time UberX came.
Canva money hits bank accounts. 
SaaS growth continues to slow. 
The "Tech Winter" is persisting.
Quantum of capital is different at different stages 
 What VC's really mean when they talk about "need to see traction". 
Why do companies die? 
Charts
hello@tribeglobal.vc

Investor Focus Ep 6: Adrian Bunter of Employment Hero, Modus Partners & Sydney Angels

In this episode of Investor Focus, we are joined for a second time by Adrian Bunter. Adrian is a partner at Modus Partners, a leading boutique M&A advisors with a passion for technology. Adrian is on the board of various private companies including Employment Hero and VenueNow, and non-executive director of ASX listed companies Carly Holdings Limited (ASX:CL8) and Live Verdure (ASX:LV1). Adrian has been a long term member of Sydney Angels and provides significant value to the founders he works with. Part of the discussion was on AI, so we thought it fitting to have ChatGPT summarise the transcript into the key highlights. This is what Chat says about the episode: In a dynamic conversation featuring Adrian Bunter, alongside hosts Don McKenzie and Aaron Birkby, this podcast episode delves into critical aspects of startup success and the challenges of capital raising. It offers practical advice and insights valuable for both investors and founders navigating the startup ecosystem.Key Highlights:Capital Raising Journey: Tips on effective engagement with investors, valuation insights, and the significance of early investor relations.Leveraging AI: The role of AI in startups, not as a trend but as a genuine business enhancer, emphasizing technology’s potential to solve real problems.Traits of Successful Founders: Discussion on what makes founders successful, including their resilience, passion, industry knowledge, and ability to communicate their vision.Scaling Beyond Initial Success: Challenges of expanding sales and operations beyond initial networks, underscoring the need for scalable strategies.Navigating the Investment Landscape: Insights into the evolving field of angel investing and venture capital, and strategies for fruitful founder-investor relationships.Why Listen?For entrepreneurs and investors alike, this episode is a treasure trove of wisdom, offering a deep dive into the startup world's complexities. It provides listeners with a roadmap to navigate the highs and lows of entrepreneurship and investment, highlighting strategies for long-term success.Thank you ChatGPT, pretty, pretty good. hello@tribeglobal.vc 

Tribe Talkin' Ep 32: AI Honeymoon Is Over. Creating Authentic Content. Companies In Liquidation. GoCatch v Uber Trial. VC Investment Criteria.

In this episode of Tribe Talkin': 
Subsequent reporting on Breakthrough Victoria (Capital Brief, Bronwen Clue) 
Plutora Pty Ltd going into voluntary administration in march over a dispute with the tax office. (news.com.au, Alex Turner-Cohen)
GoCatch vs Uber: Victorian courts will hear explosive claims of how it killed the competition. (Paul Smith, AFR)
Task Group creating $100 Mil payday for Houden family.(Tess Bennett, AFR). 
Growth of new angel investors falling. 
Airtree $100 mil + valuation list:
New partners at Ten13. (Capital Brief, Hugo Mathers)
AI honeymoon is over according to Canva's Cliff Obrecht. (Nick Bonyhady, AFR). 
Rayn Ong's new ebook, we think. (Simon Thomsen, Startupdaily)
Y Combinator: bets in a picture.
Why one VC invests. 
Peter Theil talks about going niche. 
Simon Beard talks about creating personal and authentic content. 
Charts
hello@tribeglobal.vc

Tribe Talkin' Ep 31: Breakthrough Vic. Shutdowns. Write-Downs. VC Co's Confident Underachievers? Square Peg Returns. M&A Canva. IPO Market. AI. Charts.

In this weeks episode: 
 Our upcoming DeepdiveMcDeepDiveFace episode on Go-To-Market Strategy.
Tech Council of Australia report. 
Startup shut downs rise. 
Investors in Baraja have written down their stakes to zero (Nick Bonyhady). 
Blackbird write-downs and write-ups in portfolio(Jessica Sier).
Are VC backed companies just overconfident underachievers?
Breakthrough Victoria: our thoughts on if it should exist. 
Main Sequence is not Breakthrough Victoria (Nick Bonyhady). 
Deep tech incubator Cicada Innovations launches Cicada x Tech23(Startup Daily). 
Square Peg's amazing returns to investors (Hugo Mathers).
Culture Amp acquisition of Orgnostic (Hugo Mathers).
Canva has acquired UK creative software suite Affinit (Jassmyn Goh).
Reddit & Truth Social IPO's
Nvidia launches new products (Paul Smith and John Davidson).
Technology differentiation going to zero. 
The singularity arriving 2029.
OpenAI needs some media training. 
Charts
hello@tribeglobal.vc 

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
hello@tribeglobal.vc

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
hello@tribeglobal.vc