We have another cracking episode for you today, with another legendary and outspoken VC, the "bolder than bold" Steve Baxter of Ten13 VC.
Should you not know this, but Steve is a national hero of the Australian Tech scene, with all his great and insightful wisdom displayed on TV show "Shark Tank".
More recently Steve has been focused his efforts on investing through the excellent and early staged focus VC based in one of my favourite cities in the world Brisbane, called Ten13.
They are a very active bunch and one to focus on founders. Steve hones in on these areas in today's episode and provides his own, unique spunky wisdom to the conversation around the Australian Tech and VC scene:
# How ballsy the Australian Start-Up scene has been during the pandemic, where unprecedented levels of capital being pumped into VC as an asset class
# The growth of the Australian Unicorn class, with a number of Unicorns announced as the scene matures and more talent is getting backed and built
# The focus of Ten13 on Software, APIs and how they've done 17 deals in the last 16 months. including 4 deals closing in the week before Christmas, right in the middle of the Australian Holiday season !! They are looking for more !!!
# Ten13 VC invest globally and invest any where from £100k - £5m, with the vast majority of founders from Australia and NZ, but based usually in the US, as most tend to migrate via the Delaware / San Francisco flip, more-so than heading to London
# On his Start-Up Catalyst advice for Founders: Basically cut to the chase fast in pitches, life is too short and i don't want to hear the loads of drivel - say in the first 5 minutes of a call or a pitch, what you do and what you want. Research from day one what capital you need to raise
# And many, many more marmite and points - so listen or watch here Should you enjoy this, we highly recommend connecting with Steve HERE
