#130 Paul Bassat: Family grounding, Realities of creating success at Seek + Square Peg Capital, Building a legacy & Australia's future!

The High Flyers Podcast with Vidit Agarwal

0 Plays2 years ago

Paul Bassat is the Co-Founder of the Venture Capital firm, Square Peg with operations in Australia, Singapore and Israel. Previously, he co-founded the success story that is the online recruitment website, Seek. He was born and lives in Melbourne, Australia.

In this episode #130 w Paul Bassat, learn about:

Paul’s sunrise in Melbourne, Australia with European heritage with his parents coming to Australia as refugees and mum being a holocaust survivor from Poland. Paul shares the influences of his mum, a lawyer and dad an IBM executive, and his two older siblings.

I loved asking Paul about his personality in high school, dreams at age 18, the two catalysts to leave his law career and start Seek in the 90’s (note: startups were not a thing back then) — and he’s candid about various parts of the Seek story that haven’t been shared before including the structure of the co-founding team, competing with large incumbents and market leadership in China.

We dive deep into the transition from Seek to Square Peg, including living in France with his family, the ways in which the founder experience helped and hindered his investor role, the importance of founder’s having awareness of investor conviction in follow on rounds, and his most painful learnings. And we unpack what Paul would do if he was Australian Prime Minister for a year and how he would like to leave a legacy.

🎉 And our 7-star events are back! Yes as many of you know — we are a special series of LIVE fireside conversations in May and June. Tickets are quickly selling out for event #2 with James Tynan, Partner at Squarepeg, get your ticket today HERE! 💥

It’s now time to explore your curiosity. Please enjoy!

(Timestamps below)

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02:47 - Where were you born and live now?

03:09 - What was your first job and now?

03:55 - High Flyer in Paul’s life

04:47 - Sense of identity as an Australian and Jewish

06:36 - Smartass or studious as a child?

08:00 - Sporting heroes

08:54 - Success at age 18

10:31 - Being the youngest of 3 siblings

11:41 - Catalysts to start Seek in the 90’s

16:20 - Sponsor message featuring Full Stack Advisory

17:00 - Foundational learnings about team management