Episode Summary:
Georgie Turner is Principal at Tidal Ventures, a seed-stage focused venture capital investment firm which is based in Australia and has an office in the US. Tidal Ventures invest primarily in B2B software startups. Georgie also acts as Board Director or Advisor for multiple startups, including Operata, Socialsuite and Shippit. In her conversation with Adam, Georgie discusses what the Australian startup ecosystem looked like when she entered it around 2012, and what she sees as the important steps to take in order to take the ecosystem to the next level.
Chapters:
00:00 Introduction to Day One Podcast
00:29 Meet Georgie Turner
00:31 Overview of Tidal Ventures
00:53 The Gap in the Seed Ecosystem
01:18 Involvement in Startups Since 2012
02:09 The Startup Landscape in 2012-2013
03:27 Changes in the Startup Ecosystem
05:27 Challenges as a VC
08:29 How Georgie Started in VC
10:05 Current Gaps in the Ecosystem
11:47 What Australia Does Well
12:54 The Underdog Mindset
13:46 The Importance of Global Markets
15:25 Advice for New Founders
16:46 Focus on Customer Needs
17:29 Closing Thoughts and Advice for Policymakers