Summary

Maxine and Cheryl kick off the First Cheque podcast, a show dedicated to helping early-stage investors become better at their craft. They aim to open source conversations and insights from experienced investors to provide valuable information and education for emerging investors. The podcast focuses on the Australian ecosystem but also explores international perspectives on investing. They discuss the importance of understanding risk, the distinction between betting and investing, and the need for better decision-making processes. They also touch on the current state of the market, noting some green shoots and increased deal flow, but also expressing concerns about the sluggishness in the series C to E stages.

Key Takeaways

- Open-sourcing conversations and insights from experienced investors can help emerging investors become better at their craft.

- Understanding risk and making intelligent risk-taking decisions is crucial for successful investing.

- The distinction between betting and investing lies in the ability to control risk factors and make informed decisions.

- The current market shows some green shoots and increased deal flow, but there are concerns about sluggishness in the series C to E stages.

- This is a great time to be investing, especially in early-stage companies that demonstrate resilience and have the potential to thrive in the future.

Quotes

- "If you want to be a better early-stage investor, this is the show for you." - Maxine Minter

- "Being compensated for risk is the variable of return profiles in different asset classes." - Maxine Minter

- "Investing in startups is risky, but there are factors you can control and levers you can pull." - Cheryl Mack

- "Great investing is good decision process plus great information." - Maxine Minter

- "This is a great time to be greedy and invest in early-stage companies." - Maxine Minter

First Cheque is part of Day One, the podcast network dedicated to founders, operators & investors.

To learn more, head to https://dayone.fm and join our newsletter to be notified of new and upcoming shows. The only content we create is content that will help Australian founders.

If you want to learn about upcoming guests and when a new First Cheque episode is available, join the First Cheque newsletter https://dayone.fm/podcast-network/first-cheque/newsletter

This podcast uses the following third-party services for analysis:

Chartable - https://chartable.com/privacy

Podder - https://www.podderapp.com/privacy-policy

Mentioned in this episode:

June 2024 – Vanta First Cheque

November 2024 - Galah Cyber

November 2024 - Rocking Horse