The Timing is now to Connect Innovators and Entrepreneurs to Mentors and Money
“Out of every Pandemic or Disaster comes Change…..And from Change comes Opportunity.” Ivan Kaye
I noted an article written by my friend Jordan Green, founder of the Melbourne Angels, and the 2019 Australian Angel Investor of the Year. https://www.linkedin.com/in/jordangreen
He wrote about how technology has given us the ability to recognise and respond to the COVID-19 crisis with a speed and scale in an unprecedented way.
The necessity to innovate and solve pain points that has been created from this Change has created opportunities for entrepreneurs and innovators. They will find the key elements of a new direction, a new way of doing things.
- New business models are being created.
- The environment is a focus
- Purpose and Values are coming to the fore as people have a time to reflect, realign and reimagine
There has never been a better time to be an entrepreneur and an investor in the VC space – and timing is everything in the startup world!
When I first met Jordan 18 years ago – the VC market in Australia was Nascent and we were holding BSI Investor Forums to groups of HNI and Angels – when very few funds existed – The Government invested $130m in the BiTs programme- creating 10 incubators -which helped spark an industry where over $1b from a few funds in the last 3 months!
At our BBG investor forum last month, Tony Surtees notes that in Australia, VC has been an asset class, where it is not unusual for investors to get a 20-30% return on investment .
The forum was outstanding – where we discussed the opportunities and the “where to from here?” question
Well worth checking it out!! Here’s the link
One of my takeouts from the forum was that market timing is the most critical factor in startup success and failure — meeting the market!
The Opportunity is Now
I believe there is an opportunity today – to create a Forum connecting Startups and Entrepreneurs to the plethora of highly skilled and cashed up Baby Boomers – and I look forward to playing a part in connecting these Humans – to collaborate, contribute and learn from each other and take advantage of the Opportunities that are arising from this massive change .
Together We will imagine and build a better future.
There will be a plethora of opportunities – Let’s get them to market together…..
Who wants to play?