$10 MILLION FUND SEEKS AUSSIE STARTUPS WITH 'SIGNAL'
7 March 2016, Written by Laura Daquino
A NEW early stage $10 million Australian venture capital fund is going where few have before on our shores and seeking signal deep in the startup trenches.
"We saw there was an opportunity because no one was sourcing that true seed stage capital at an institutional level in Australia," says Daniel.
"Seed stage investing typically requires a different skillset and is generally more high-risk investing."
"The way the US market got around managing high risk is becoming collaborative in its approach, like a movie studio. It's a cheques and balances system where each studio spreads the risk around when partnering on a film," says Robertson.
"Things either get accelerated when everything's up, or when things are taking longer than planning there's more people that can tip back into the kitty to give more runway.