Episode Summary:
In this week's episode of The Startup Retro, host Will Richards and standing in for Gemma Clancy this week, Cheryl Mack, dive into Uber's new partnership with Turo after shutting down its Car Next Door acquisition. They also discuss Premier Capital Partners' new fund, AirTrunk’s $23 billion sale, and Cheryl’s experience at the Startup Daily Awards. The episode also features a deep dive into Safe Ag Systems, an agtech safety platform. Plus, catch the latest startup raises and Will’s pick for Knowledge as a Service (KaaS).
Episode Sponsors:
Chapters:
00:00 Introduction and Welcome
00:28 Uber pivots to Turo partnership
05:15 Premier Capital Partners new fund
10:22 AirTrunk’s $23 billion sale
13:45 Startup Daily Awards highlights
20:15 Startup Raises: Safe Ag Systems
28:10 KaaS Recommendations
Resources:
To access the links to the stories mentioned in this episode, check out this week’s Overnight Success newsletter. https://newsletter.overnightsuccess.vc/p/7th-september-2024
Headlines
• Australian Startup Financial Confidence Report 2024
Airwallex Report
• Uber’s Turo Partnership
Uber has partnered with Turo to let users rent peer-to-peer vehicles through the Uber app starting in 2025.
• Premier Capital Partners Fund
Premier Capital Partners is launching a fund targeting mid-market tech companies with a size of $30-$50 million and a hard cap of $75 million. The fund will write cheques between $5-$20 million.
• AirTrunk Sale
AirTrunk was sold to Blackstone and the Canada Pension Plan Investment Board for $23 billion, marking one of Australia’s largest acquisitions.
AFR Article on AirTrunk Sale
Interview
• David Burt
In the interview, David Burt from UNSW Founders discusses the impact of Labor's proposed cap on international students and its potential effects on Australia's startup ecosystem, universities, and the broader economy.
Startup Raises
• Safe Ag Systems
Founders: Katy Landt and Caroline Graham
Safe Ag Systems, an agtech safety platform, raised $2.5 million to expand its reach to 10% of farm workers.
KaaS - Knowledge as a Service
• Will’s Pick 💁🏻♂️
How to Do Great Work by Paul Graham
Send Feedback to the Hosts
• Cheryl on LinkedIn
• Will on LinkedIn
