Open the Pod Bay Doors E09 - VC Panel with Paul Bassat (Squarepeg), Craig Blair (Airtree) and Kara Frederick (Reinventure)
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Jul 26, 2017 Join venture capital heavyweights Paul Bassat, Co-founder of Square Peg Capital; Craig Blair, Co-founder of Airtree Ventures; and Kara Frederick, Partner at Reinventure, as they dive into Australia's evolving VC landscape. They discuss the passion-driven approach to entrepreneurship, emerging hot investment sectors like AI, and the transformed startup funding dynamics. The panel emphasizes the importance of building authentic relationships and the need for diversity in investment teams, all while navigating opportunities and challenges in the tech space.
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Seek's Founder Aid in VC Start
- Paul Bassat shared how being a founder of Seek helped gain initial funds and understanding the venture ecosystem.
- Early investor backing often comes from previous entrepreneur success and network trust.
AI's Dominance and Misconceptions
- AI will be the most important global technology development moving forward.
- Most current AI claims are just software or algorithms, requiring deeper understanding to spot true innovations.
Pick Up The Phone Early
- Founders should reach out to VCs early even before raising capital.
- Building relationships helps VCs understand the team and opportunity better over time.