Rowan Grant: How venture capital funds make money

Have you ever wondered how venture capital funds make money – and what it takes to start one? 

I’m Jason Andrew, and welcome to Stark Naked Numbers. It’s the podcast that strips down the numbers of business, investing and wealth creation to help you become a better entrepreneur and a better investor, and ultimately build your net worth. 

In this first episode, I’m joined by someone near and dear to my heart – and very important to my net worth. Rowan Grant from Arbor Capital is a recovering accountant turned entrepreneur and VC, and he’s also my business partner. 

Join us to find out how VCs make money, what they actually do on a daily basis, and why I think Nick Crocker is the Keanu Reeves of Australian start-ups. 

Links: 

Subscribe to Stark Naked Numbers on Apple Podcasts and Spotify.

Follow Rowan Grant on LinkedIn and Twitter.

Want the secrets the other accountants won’t give you? Follow Jason Andrew on LinkedIn.

To learn more about uncovering your financials, unlocking your cash and unleashing your cash, visit starknakednumbers.com.

Show Notes: 

(02:15) - What does a VC actually do? 

(08:52) - Why choose to be a VC? 

(13:39) - How do VCs actually make money? 

(18:33) - What makes a business a unicorn, and why do people go hunting for them? 

(30:52) - Should you invest in a business or the people behind the business? Are you betting on the founder or the business model? 

(36:11) - Why Nick Crocker is the Keanu Reeves of Australian start-ups

(44:59) - How easy is it to start a VC fund? Can anyone become a VC?