My guest Rachael Neumann and I met at a Forbes magazine member event in June. She was the main speaker and clearly understands the opaque and dazzling world of venture capital.
Every wondered just what is Venture Capital (VC). VC is a form of private equity and a type of financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential. There are two ways venture capitalists make money. The first way is through a management fee for the investment funds they manage. The second way is through a carried interest or carry, which is a share of the profits earned by the company after the initial investment.
Rachael is the Founding Partner at Flying Fox Ventures, an early-stage venture capital firm propelling Australian & New Zealand companies across the globe. Over her career, Rachael has worked with thousands of early-stage startups including being Head of Startups for Amazon Web Services ANZ, a Partner at Startmate, and has enjoyed two Federal Government appointments distributing commercialisation and scale funding to early-stage Australian companies.
Hear from Rachael on:
1. How did you land up being in the venture capital business?
2. What tips do you often give to those who seek funding from Flying Fox Ventures?
3. How has thelandscape changed in the last few years as money has seemingly dried up and many more start-ups are failing faster than ever?
4. Why are female-founded businesses still receiving less than 2% of VC out there, despite the runaway success stories we see in the world with brands like Canva or Modibodi proving the big returns for investors?
5. When ideally does a founder need to let go and scale with others in the driver’s seat?
6. Takeaway: What is your final takeaway message for us on The Politics of Business Scaling?
CONTACT INFO:
Linked in: https://www.linkedin.com/in/rachaelneumann/
Website: https://www.flyingfox.vc/
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