Join our host Ian Gardiner as he chats to Nick Gainsley, Partner at One Ventures and Aurora Community Member, on episode 183 of Open the Pod Bay Doors.

Nick is Partner at OneVentures and leads the debt fund strategy, which was launched 5 years ago to address gaps in the Australian market. The fund offers non-dilutive alternative funding options through 3-4 year loans with interest and small equity options for growth stage companies post-Series A.

Nick explains the differences between debt and equity funding, market trends, and the fund's structure as GPLP. The conversation also delves into the use of debt funding to avoid down rounds or complement equity funding, as well as discussions on AI, productivity tools, and current events.

Highlights from Ian and Nick's conversation include


what a debt fund looks like and how it compares to a traditional GPLP Venture Fund


What do the mechanics of a debt fund deal look like
Why Nick prefers the term growth credit over venture debt
Nick's view on liquidity and exits in the next couple of years
The future of AI and how OneVenture apodt this in their day to day operations
potential downsides to a debt fund
Is poker simple gambling or is it a skill?



Quickfire round. 
Book – Just finished Outlive by Peter Atia
Podcast – All in with Chamath, Jason, Sacks & Friedberg
News source – Australian Financial Review
App – Spotify (shout out to Spotify Audibooks)
Productivity tool – A bit boring but I use OneNote
Tech CEO – You've got to be impressed with Satya Nadella from Microsoft
TV show – Colin from Accounts
If you were asked to do a TED talk, what topic would you speak about? I know random small snippets from lots of different things..

Join our host Ian Gardiner as he chats to Nick Gainsley, Partner at One Ventures and Aurora Community Member, on episode 183 of Open the Pod Bay Doors.
Nick is Partner at OneVentures and leads the debt fund strategy, which was launched 5 years ago to address gaps in the Australian market. The fund offers non-dilutive alternative funding options through 3-4 year loans with interest and small equity options for growth stage companies post-Series A.
Nick explains the differences between debt and equity funding, market trends, and the fund's structure as GPLP. The conversation also delves into the use of debt funding to avoid down rounds or complement equity funding, as well as discussions on AI, productivity tools, and current events.
Highlights from Ian and Nick's conversation include
<ul>
<li>
what a debt fund looks like and how it compares to a traditional GPLP Venture Fund
</li>
<li>
What do the mechanics of a debt fund deal look like
</li>
</ul>
<ul>
<li>Why Nick prefers the term growth credit over venture debt</li>
<li>Nick's view on liquidity and exits in the next couple of years</li>
<li>The future of AI and how OneVenture apodt this in their day to day operations</li>
<li>potential downsides to a debt fund</li>
<li>Is poker simple gambling or is it a skill?</li>
</ul>
 
Quickfire round. 
<ul>
<li>Book – Just finished Outlive by Peter Atia</li>
<li>Podcast – All in with Chamath, Jason, Sacks &amp; Friedberg</li>
<li>News source – Australian Financial Review</li>
<li>App – Spotify (shout out to Spotify Audibooks)</li>
<li>Productivity tool – A bit boring but I use OneNote</li>
<li>Tech CEO – You've got to be impressed with Satya Nadella from Microsoft</li>
<li>TV show – Colin from Accounts</li>
<li>If you were asked to do a TED talk, what topic would you speak about? I know random small snippets from lots of different things..</li>
</ul>

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. 

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.

Advertisement