Thank you for rating / reviewing this podcast on iTunes and Spotify, it helps others find us and convince guests to come on the show! Follow us on Instagram, LinkedIn or Twitter Contact Vidit directly at [email protected] to discuss sponsorship opportunities, recommend future guests and share feedback. ***Welcome to episode #78 w Matt Allen! Here are 5 key takeaways you will learn from this episode:1. How Matt found his passion for music and computers in high school2. Why success at age 20 was building out his first startup, providing web based solutions for insurance companies3. Balancing a conservative approach to finance with investing in high growth (and high risk) startups 4. What is venture debt, how it's structured and when should founders consider it5. The five active hall of fame investors in Australia / New Zealand to be in a room withPlease enjoy!***TIMESTAMPS02:28 - Birth place and residence now 03:16 - First job and various roles now 04:07 - High Flyers under the radar 05:08 - eldest of 3 brothers and attending agricultural school 08:24 - Computer teacher being an influence 09:37 - Infamous blue hat 10:25 - Early days of the internet: building web based solutions for insurance companies 11:25 - Biggest unknown for startups in the 90’s 14:03 - Balancing financial conservative approach with investing in high risk startups 16:10 - Most painful learning 17:43 - First time into angel investing 21:30 - Process for getting to know founder / business from scratch 24:33 - Meeting thousands of founders at Amazon startups 28:02 - 5 people to have in the “active hall of fame investors” room 30:24 - Decided to be a founder again with Tractor Ventures 36:04 - Financial structure within Venture Debt model 38:23 - 3 use cases for a founder to consider revenue based financing 41:10 - Supporting the longevity of a company 43:42 - Building education in community about finance and debt 46:56 - Matt’s routines to balance his various roles 49:09 - Building and maintaining reputation 52:07 - How Matt got started making websites for bands 54:02 - final sprint

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related