Alex Khor's Investment Thesis
Show Host Kali Norman Host, Investment Thesis, Innovation Bay 
Pessimists sound smart, but optimists make money.
Podcast host Kali invites listeners to join her as she builds her own investment thesis from the ground up—learning directly from experienced investors who have already defined (and redefined) theirs.
In this session, she sits down with Alex Khor, co-founder of AfterWork Ventures.
Alex started out as a research mathematician before cutting his teeth at McKinsey & Company, where he realised early that selling time only takes you so far and that lasting wealth comes through ownership. With his long-time business partner Adrian Peterson he began making angel investments into early-stage Australian and New Zealand startups around 2017, before co-founding AfterWork. Across the conversation Alex unpacks expected-value thinking, why investing is about pricing risk rather than being right or wrong, the discipline that drives long-term returns, why founders are the one thing a business can't pivot, the AfterWork bet on Lyka, and his advice for anyone building their first thesis.
Building an investment thesis from the ground up — one conversation at a time.
More episodes
▶ Alan Jones of M8 Ventures - Distribution barriers and backing founders you want to be mates with
▶ Rohan Workman of Skalata — Backing overlooked founders as AI rewrites the thesis
▶ Taryn Pieterse of Rampersand — How a VC backs early-stage founders
▶ Episode Five: Dan Coughlan's Investment Thesis
▶ Episode Four: Maxine Minter's Investment Thesis
Investment Thesis is produced with Day One — the podcast network for founders, investors and operators. Want a show like this for your fund?
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