Episode Summary:
Kylie Frazer is co-founder and partner of Flying Fox Ventures, an Australian investment firm with a focus on early stage tech companies. Flying Fox is notable for being a rolling fund, a business model aims to optimise for flexibility with investors not locked into long term commitments. In her conversation with Adam, Kylie discusses her belief that in order for Australia to have more female founders we need more female investors, as well as some of the common causes she has witnessed first hand for co-founder break ups.
Chapters:
00:00 Introduction to Day One Podcast
00:31 Meet Kylie Frazer
00:56 Understanding the Unique Aspects of a Rolling Fund
01:29 The Flexibility of Flying Fox Ventures
03:03 Kylie’s Journey to Becoming an Investor
04:42 Involvement in the Australian Startup Ecosystem
05:35 The Ecosystem's Support and Community in 2018
06:23 The Role of Scale Investors and Sydney Angels
06:46 Current Challenges in the Ecosystem
08:29 Increasing Female Representation in Investment
09:52 Positive Developments in the Ecosystem
12:01 Crisis Response During the Pandemic
12:08 Future Trends in the Australian Startup Ecosystem
12:53 What Founders Should Look For in Investors
14:15 The Importance of Co-founder Dynamics
16:14 Common Reasons for Co-founder Breakups
18:03 Advice for New Founders
19:19 Unpopular Opinions in the Startup Ecosystem
22:41 Key Takeaway on Funding for Women Founders
23:31 Closing Remarks and Future Interviews
