For founders seeking funding, the term sheet is a critical document that can make or break a deal. Yet, it remains shrouded in mystery and can be intimidating for first-time entrepreneurs. Investment rounds are pivotal stages in the growth journey of any startup. They are the juncture where dreams are fuelled with capital, and visions… Read more »
It’s been half a decade since Investible launched our inaugural Early-Stage Fund, and first opened the doors of our office in Singapore. Since 2018, we have invested in 15 companies in Southeast Asia and we are now active in markets including Singapore, Malaysia, Indonesia, India, the Philippines and Vietnam. Australia claims less than 2% of… Read more »
The ANZ climate tech sector is booming, and with good reason. The world’s leading scientists are telling us – or getting arrested to warn us – that we only have until the end of the decade to secure a safe climate future. Our mission? To limit global warming to under 1.5 degrees Celsius. To put that into… Read more »
Venture capital can be a solo, transactional game: meeting founders, building conviction, and making a case to an investment committee before allocating capital. Some firms learn how to exploit the aggregated super-power of their whole group to discover unique investments and unlock value. What we don’t talk about enough is how the firms themselves collaborate… Read more »
After an admittedly late start, crowdfunding is certainly coming of age in Australia. As was rightly pointed out recently by Birchal Co-Founder Matt Vitale, that Australian crowdsourced funding (CSF) platforms have raised $240 million for 320 start-up companies over the past five years is an unqualified success. Accessing otherwise unavailable investment opportunities in high growth… Read more »
The team at Sydney VC firm Folklore are sharing some of their insights on the investment process to give founders, particularly early founders, an insight into how to approach VC engagement from your first conversation through to what to expect from your VC after receiving your first cheque, or even rejection. In part one of… Read more »
Australia was late to the game when it came to allowing startups to raise capital through crowd-sourced funding. But it grew quickly to become the second largest market per capita by 2021, according to the latest global research. Five years in, it’s undoubtedly a huge success, with over $240 million invested across 320 successful offers… Read more »
It took 10 years from the time I hoped to become a venture capital investor until the time I actually became one. Ten long years of hanging by the hoops, trying to crack in, a VC desperado. It’s a fairly typical story: I studied books and articles, listened to podcasts about the greats, built spreadsheets… Read more »
Jessy Wu, investment principal at AfterWork Ventures, is an unlikely venture capitalist. She happily admits it was “the furtherest thing from my mind” when she emerged with a ANU with a philosophy degree, also majoring in English literature. Next thing she knew, she was working at NAB Ventures. Within 18 months, Wu became part of… Read more »
Aside from questions on funding, there’s one other query that VCs seem to consistently field: How did you get into the venture capital industry? Layoffs from the major technology companies has triggered renewed interest in VC as a career path. With the sector’s strong push towards impact companies, there’s now a very real opportunity to… Read more »
As we embark on another year in the world of startups, it’s important to acknowledge the challenges that tech founders will face in 2023. This year, top performing startups will have an easier time raising capital than average performing ones. Startups that have extended their runway by making cuts must ensure that they have strong… Read more »
I’ve always struggled to write a year in review. Not at the end of the year, at least. The end of a year tends to involve a burned-out shell with no time or energy, too busy thinking about the future to focus on the past. But it is worth a quick look. What did I… Read more »
The “pre-money valuation” of your startup is the total value of your company before an investment is made: it determines both how much equity an investor will receive in exchange for their investment, and therefore, how much equity you, your team and existing investors will retain once the new round of investment is completed. Pre-money… Read more »
Startup lexicon can be confusing, with so many acronyms and buzzwords. But there is one word everyone should know: unicorns. It’s the crowning title for magical companies that are valued at more than $1 billion dollars. While unicorns are rare, Victoria has 20 that have created more than $100 billion of value between them. You… Read more »
Industry dinosaurs like me can still remember when there was no such thing as a startup pitch competition. But times have changed: the glaciers have retreated, bipedal mammals have become the dominant life form, and there are now more startup pitch competitions each year than coffee shops near Wynyard Station. Good for startups, right? Yes… Read more »
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