Today's episode features one of Australia's best and most prolific angel investors, Matt Allen. Matt's portfolio includes companies like BuildKite, Practice Ignition, Spaceship, Kasada, Donesafe, Pin and Goterra. At one point or another Matt has been a software developer, founder, technical recruiter, investor and now, a CEO. Most recently, Matt launched Tractor Ventures, a new vehicle for investing that offers founders revenue-based financing. Matt and his team at Tractor Ventures are grounded in the belief that secure founders make better business decisions; venture capital money simply isn't the right fit for every business, so Tractor Ventures is filling a funding gap for ambitious founders who want to grow their businesses at a pace that suits them.
In this chat with Ian, Matt talks a lot about his journey as an investor and his approach to angel investing. He explains how making a pretty big bet on Xero got him started with investing, how he collaborates with his wife Aprill on investments and the importance of trust when backing a founder. Matt goes on to share advice for people who want to start angel investing, discussing the what the right check size looks like, the value of syndicates and how to find the sweet spot between individual expertise and interest when building a portfolio. Matt also discusses why his team started Tractor Ventures and how the business works, his experiences working with Startmate, why he never answers emails about blockchain and the story behind his iconic blue cap.
Reach Matt on Twitter @mattallen and check out Tractor Ventures.
Quickfire Recommendations-Book: Turn the Ship Around!by L. David Marquet-Podcast: Out of Beta-News Source: AFR-Favourite Tech CEO: Mike Cannon-Brookes and Scott Farquhar-App: Slack, Mailplane-Productivity Tool: Summit-Ted Talk Topic: The balance between hungry and starving founders
__________________
Innovation Bay is holding AI and health tech-focused pitch events this May in Sydney and Melbourne for Horizon, our community of experienced angel investors. If you are the founder of an AI or health tech startup looking to network with angels who can offer advice, connections and capital, apply to pitch here: https://bit.ly/PitchHorizonMay
Women-led startups in Victoria, apply to connect with Horizon: https://bit.ly/VictorianFemaleFounders

<div>Today's episode features one of Australia's best and most prolific angel investors, Matt Allen. Matt's portfolio includes companies like BuildKite, Practice Ignition, Spaceship, Kasada, Donesafe, Pin and Goterra. At one point or another Matt has been a software developer, founder, technical recruiter, investor and now, a CEO. Most recently, Matt launched Tractor Ventures, a new vehicle for investing that offers founders revenue-based financing. Matt and his team at Tractor Ventures are grounded in the belief that secure founders make better business decisions; venture capital money simply isn't the right fit for every business, so Tractor Ventures is filling a funding gap for ambitious founders who want to grow their businesses at a pace that suits them.</div><div><br></div><div>In this chat with Ian, Matt talks a lot about his journey as an investor and his approach to angel investing. He explains how making a pretty big bet on Xero got him started with investing, how he collaborates with his wife Aprill on investments and the importance of trust when backing a founder. Matt goes on to share advice for people who want to start angel investing, discussing the what the right check size looks like, the value of syndicates and how to find the sweet spot between individual expertise and interest when building a portfolio. Matt also discusses why his team started Tractor Ventures and how the business works, his experiences working with Startmate, why he never answers emails about blockchain and the story behind his iconic blue cap.</div><div><br></div><div>Reach Matt on Twitter @mattallen and check out <a href="https://www.tractorventures.com/" target="_blank">Tractor Ventures</a>.</div><div><br></div><div>Quickfire Recommendations</div><div>-Book: <a href="https://www.amazon.com.au/Turn-Ship-Around-Building-Breaking/dp/1591846404" target="_blank">Turn the Ship Around!</a>by L. David Marquet</div><div>-Podcast: <a href="https://outofbeta.fm/" target="_blank">Out of Beta</a></div><div>-News Source: <a href="https://www.afr.com/" target="_blank">AFR</a></div><div>-Favourite Tech CEO: Mike Cannon-Brookes and Scott Farquhar</div><div>-App: Slack, Mailplane</div><div>-Productivity Tool: <a href="https://usesummit.com/" target="_blank">Summit</a></div><div>-Ted Talk Topic: The balance between hungry and starving founders</div><div><br></div><div>__________________</div><div><br></div><div>Innovation Bay is holding AI and health tech-focused pitch events this May in Sydney and Melbourne for Horizon, our community of experienced angel investors. If you are the founder of an AI or health tech startup looking to network with angels who can offer advice, connections and capital, apply to pitch here: <a href="https://bit.ly/PitchHorizonMay" target="_blank">https://bit.ly/PitchHorizonMay</a></div><div><br></div><div>Women-led startups in Victoria, apply to connect with Horizon: <a href="https://bit.ly/VictorianFemaleFounders" target="_blank">https://bit.ly/VictorianFemaleFounders</a></div>

There is a lot of activity in the Australian startup ecosystem. Ideas, talent, and money are all flowing into this sector at an unprecedented rate. 

This weekly podcast brings in-depth interviews with the best people making the biggest difference.

It's brought to you by Ian Gardiner and Phaedon Stough, technology entrepreneurs helping to grow the startup sector in Australia and New Zealand. Ian and Phaedon co-founded Innovation Bay with a clear mission to help technology entrepreneurs succeed.

A weekly deep dive into Australia's tech and startup ecosystem. Brought to you by Innovation Bay

Open the Pod Bay Doors

The Australian and New Zealand startup ecosystem is burgeoning, exciting and filled with some of the most fascinating minds on the planet, all driven by a passion to make a positive and lasting impact. Open The Pod Bay Doors invites some of the brightest minds in the industry for deep conversations and awe-inspiring insights from their captivating journeys. Lend us your ears to gain some fresh knowledge and broaden your insights. Brought to you weekly by Innovation Bay. 

<p>The Australian and New Zealand startup ecosystem is burgeoning, exciting and filled with some of the most fascinating minds on the planet, all driven by a passion to make a positive and lasting impact. Open The Pod Bay Doors invites some of the brightest minds in the industry for deep conversations and awe-inspiring insights from their captivating journeys. Lend us your ears to gain some fresh knowledge and broaden your insights. Brought to you weekly by Innovation Bay. </p>

Today's episode features one of Australia's best and most prolific angel investors, Matt Allen. Matt's portfolio includes companies...

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