Leon Perera’s Post

𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗮 𝗩𝗖 : 𝗟𝗲𝗮𝗱𝗶𝗻𝗴 𝗶𝗻𝘁𝗼 𝘁𝗵𝗲 𝗔𝗻𝗻𝘂𝗮𝗹 𝗕𝘂𝗱𝗴𝗲𝘁 VC (and especially in a small market like Australia is not for the faint hearted). Leading into the last quarter of FY24, this article in the AFR summarises the macro headwinds very well. https://lnkd.in/g9p_w8PU It however concludes with a rather odd view that “some are deeply skeptical that Australia has enough start-ups to justify the number of funds being spun up to fund them. Because at a time when capital was really cheap, there was the belief that we could produce tens of thousands [of good start-ups]. We’re really going to find out over the next 12 to 18 months whether that’s true or not.” GreenPepper Capital is uniquely placed – we source our own investment lead stream from our sister company RedPepper Mergers, who has already vetted them and worked with them. Truth always prevails, over time. We also work with corporate partnerships through our Sustainability Consulting company, SIM(pli).Today to generate corporate interest for niche innovation to support our investments with a sales pipeline. We certainly haven’t seen a downturn in quality start-ups. GreenPepper Capital welcomes this ever-improving appreciation for embedded sustainable business models. 𝗝𝗼𝗶𝗻 𝘂𝘀 𝗶𝗻 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗻𝗴 𝘁𝗼𝗺𝗼𝗿𝗿𝗼𝘄, 𝘁𝗼𝗱𝗮𝘆. 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝘆. 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗮𝗹𝗹𝘆. 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰𝗮𝗹𝗹𝘆. 𝗦𝘂𝗽𝗽𝗼𝗿𝘁𝗶𝘃𝗲𝗹𝘆. #sustainability #sustainablebusiness #leanstartups #venturecapital #innovation #entrepreneurship #leadership #highgrowth #revenuegrowth #investing

Rob LeBlanc, Managing Partner of ambit partners, is an international search fund investing expert, bringing traditional search into new markets and emerging economies. Our conversation was packed with insights and valuable takeaways. Here are three key highlights from our discussion: 1️⃣ Directors as a Supply Constraint: Rob emphasized the crucial role that directors play in the search ecosystem. They contribute to the success of searchers and are seen as a medium-term acute supply constraint. He encourages more competent and value-aligned directors to enter the game. 2️⃣ Emerging Markets: Rob believes that Asia, particularly countries like Indonesia, is on the verge of search becoming a major trend. Brazil, with its rapidly growing search ecosystem, offers promising talent and deal flow. While there are challenges like foreign exchange issues, the medium-term outlook in these markets is interesting. 3️⃣ Search to Start: In emerging markets, finding companies for sale can be challenging. As a result, the "search to start" outcome, where searchers develop conviction in a particular opportunity and start their own venture, may happen more frequently. This path is gaining popularity overseas, and Ambit Partners is open to exploring it in emerging markets. We would love to hear your thoughts and feedback on this article. Share your key takeaways, ask questions, and engage with our growing community. Stay tuned for more illuminating interviews from Horizon Search! 🌍 🔗 https://lnkd.in/gW3yWsg6 #InternationalSearchFunds #EmergingMarketsInsight

"Consequently, the broader aim is to reinforce Malaysia’s emergence as a vibrant hub for entrepreneurship, fostering a culture of innovation and technological advancement, said the statement." We welcome all efforts to create a more dynamic venture capital ecosystem. By doing so, we ensure a future marked by innovation, economic resilience, and a culture that celebrates and nurtures the entrepreneurial spirit. Read more: https://cstu.io/a68c46 #WeAreMAVCAP #venturecapital #impactinvestment #sustainableinvestment

“When we see [LatAm] as a whole region, if it was a country it’s going to be like the third biggest economy in the world, only behind China and the US. When you compare it to some other emerging markets such as India, we’re going to have like one-third of their population, but at the same time we have double their GDP.” While domestic units have been slower on the uptake, big international CVCs have been active in the country for much longer. The likes of Microsoft and Qualcomm have been investing in Brazilian startups for the better part of a decade. “All of those companies already had their CVC arms, they knew at a certain point Brazil would be a place that would be not only hot, but mandatory, to do this.” Ultimately, however, all signs point to Brazil continuing on a strong path, outpacing the rest of the region while providing an increasingly reliable market for investors from regional neighbours to invest in.

In a recent report from Dealroom.co and LocalGlobe, Amadeus has been recognised as one of the leading early-stage European VCs whose portfolio has a higher than market average conversion from Seed to Series A.   Our portfolio has seen >50% graduation rate - twice the market average. According to the report, only 20% of companies convert from their Seed rounds, but companies who had a Seed-focused VC fund invested in their first round were found to have a higher conversion rate.   Our mission is to support transformational technologies and sustainable businesses in their growth journey, providing not only financial backing but also strategic guidance and mentorship, to help them flourish.   Read the full report here👉🏻https://lnkd.in/gcictjCd #seedfunding #EuropeanVC #entrepreneurs

"Only 6% of public Canadian companies generating over $1 billion in annual revenue actively take part in direct VC investment, compared to about 40% of their US counterparts" The role of corporate venture in the development of a robust innovation ecosystem cannot be understated. It drives strategic connectivity, accelerated tech & product dev, pathways to 'local' commercialization, and access to capital. Corporate venture is not benevolence, it is a means for corporates to impactfully engage with emerging technology, learn how to integrate it, and fundamentally underpin competitiveness in the global economy. Pointedly, Canada woefully lags its international peers. Kudos to the Deloitte Ventures and BDC Capital teams for their work on this reoprt. #CorporateVenture #VentureCapital #Innovation #Productivity

Corporate Venture Capital is one of many components that contribute to a healthy venture capital asset class. Providing benefits to both entrepreneurs and corporates alike, it can accelerate growth and productivity and mutual sharing of knowledge and expertise. This report serves as a great resource for those wanting to better understand CVCs and their contribution to the innovation economy.

You know what is cool? One billion dollars. That Sean Parker quote from The Social Network still has some resonance, even at today’s inflated prices, as editor Maija is currently writing for next week's newsletter (sign up here to read it https://lnkd.in/eCxZkWkw). And by that measure corporate venture in Brazil has just become cool, having passed the one billion mark for committed capital in the past two years. H/T Ivana, Jayme, Lívia, Sergio, Helena, Priscilla abvcap and the funds eg Arthur, Bruno, Peter, Gabriela, Bruno, Milena, Gustavo, Gabriela, Juliana, Eduardo, Vitor, Sérgio, Rafael, Ivan, Tiago, Eduardo, Marcelo, Marcelo, Lucas, Maria, Luis, Karime, Marcella, Patricia, Marcos, Brazilian CVCs may not be backing as many deals as the VCs in the country, but they are putting in BIG cheques and account for more than half of venture dollars spent in Brazil. The CVC sector is also mushrooming. “We’ve never seen such growth for the CVC market in general. Every month you open the newspaper and you see at least two or three new corporates announcing their CVC funds,” RICHARD ZEIGER told GCV. It really is worth reading Fernando’s excellent piece — and also, if you are in the region, make sure you don’t miss our big corporate venturing conference in Sao Paulo on October 24 and 25 with 600 attendees it'll be another sold-out event given the rate tickets are going: https://lnkd.in/g5w6tYKZ

If you want to catch up on all deal developments in the alternate capital space during the past seven days and be professionally set up for the week ahead, take 5 minutes every Sunday to read DealStreetAsia's 'The week that was' newsletter. Our editors - Deepshikha Monga, Paramita Chatterjee, Pramod Mathew, Joymitra Rai and Padmapriya J - recap the most significant developments and perspectives that come to the fore after the closing of a week, and wind it into a single narrative fit for a one-glance consumption. Today's edition is here: https://lnkd.in/gDGMWpHH The segment called 'From the LP-GP quarters' lists at least ten developments that are important to anyone in the PE/VC space and interested in the Asian deals landscape. Our deep dives last week included a detailed take on startups in Asia's maritime sector, continued coverage of Indonesia's local coffee scene, prospects for the healthcare sector in Vietnam, and a story on EQT Foundation, the philanthropic arm of one of the world’s largest private equity firms, getting more active in supporting impact entrepreneurship in markets where capital is scarce. Lastly, do check out DealStreetAsia's—DATA VANTAGE’s latest State of Foodtech in SE Asia 2024 report, which shows that private funding for foodtech startups in Southeast Asia dropped to an at least four-year low of $21.6 million in 2023 as investors lost their appetite for the sector amid a broader slowdown. The summary of the report is here (via Abhishek Chatterjee) https://lnkd.in/g2iT6K6Z 

👀 Take a look at the "State of Italian VC," the latest report on #ItalianVC developed by P101 and Dealroom.co, offering many insights and trends on the Italian Venture Capital industry.   📈 Did you know that Italy is one of the fastest-growing ecosystems in Europe? And it still has room for growth!   🌐 There is a significantly increased awareness in Italy about tech and innovation, and ItalianVCs and #Startups are soaring and evolving, reshaping the #investment scenes in Italy and more importantly, attracting significant investments also from VC funds abroad.   🇮🇹 Great to see Grey Silo Ventures included in the report, where you can get to know many other entities that, like us, are growing within the Italian innovation ecosystem.   📣 Read the report and discover all the latest updates from the Italian Venture Capital industry and its role in promoting #innovation and economic growth!Don't miss it!