29 August 2019 Recap: Make A Difference
On 29 August we peeled back the curtain on the elusive investor checklist, scaled our Office Hours program to tap-into local knowledge capital and re-framed hearing in a public health context.
This week, our community took advantage of mentoring from:
Business strategy advice with Abbie Widin, Strategy & Sales Director, Go To Market Co.
Digital transformation, blockchain and automation with Ollie Paakkanen, BDM, Arxxus Technology Partners
Support in startup financing & financial modelling with Danny Thai, Founder & Director, Solar-e
Our weekly Office Hours program offers founders and business leaders free 1:1 mentoring from a local business expert, consultant, or service provider.
🔥🔥 FIRESIDE CHAT WITH SEASONED INVESTOR CALLUM BIR
Callum broke down the top items on the investor checklist:
A sound exit strategy
Depth of market-knowledge
Being scaleable to multiple customer types
And shared some tips on what to investigate in a prospective investor:
Understand their mandate
Alignment of their portfolio to your business
Understand their average “sticker” size (e.g only 30+ million deals)
If you get a meeting, are you speaking to an analyst that has KPIs to meet in reviewing your pitch deck as one in many or an actual decision maker
Their readiness to dispense capital when you need it, not have you in their pipeline for two or three years later
InnovateHear was back with Prof. David McAlpine and Prof. Cath MacMahon an examination of hearing as a public health concern. Professor McAlpine made us reconsider how we approach hearing health innovation from something we mitigate through policy or devices towards pushing for prevention or cures.
Check out the photos below! AND our program from the night.
Check out what cool idea’s we’ll be exploring next Thursday. We’re excited for you to join us!
Thursday Gatherings are the flagship program of the Venture Cafe Global Institute - a non-profit organisation. Hosted by Macquarie University and our partners in Sydney - we offer freely accessible programs to create a platform where students, startups, entrepreneurs, corporates, investors, government and other organisations can meet each other by ‘serendipitous encounters’ and create impact.