Ep149 – Phil Morle (Partner – Main Sequence Ventures) on leaps, equity and the art of flearning

The Startup Playbook PodcastInsights and lessons from the world's best entrepreneurs and investors Twitter Facebook YouTube Instagram Ep149 – Phil Morle (Partner – Main Sequence Ventures) on leaps, equity and the art of flearning May 27, 2021 rohitbhargava Podcast My guest for Ep149 of The Startup Playbook Podcast was Phil Morle, Partner of Main Sequence Ventures Phil started his career as a Theatre Director, before taking those skills into tech initially as CTO of file-sharing company, Kazaa before going on to Co-found the first tech incubator in Asia-Pacific, Pollenizer. He is now a Partner at CSIRO’s venture capital fund, Main Sequence Ventures, which has $490M in funds under management to invest in emerging Australian deep-tech and science based startups to solve the world’s biggest problems. In this interview we discussed: Why 50-50 equity splits between co-founders are a bad signal to investorsTaking leaps and having a high velocity of learningThe art of FlearningThe important balance between “soft skills” and Venture science& much more! Timestamps  2.26 – How Phil got started in theatre and transitioned into building startups10.19 – Common mistakes and traits Phil has seen in business since working with startups 19.54 – The importance of taking leaps and the success of Spreets28.25 – Decision to close Pollenizer after two final chances and the importance of closing when it’s the right time38.00 – The importance of reputation and being willing to put your reputation on the line44.51 – The power of giving employees equity for motivation and commitment 49.14 – Bringing together the CSIRO and Hungry Jacks to create v2food56.48 – The important lessons for startups working with large companies 1.03.34 – Collaborative work with businesses and coming together to share experiences1.09.11 – Identifying opportunities and the balance between soft and hard skills in founders 1.13.55 – Main Sequence Ventures new fund and what projects they are working on1.18.24 – Where to find Phil and Main Sequence Ventures  Links Mentioned  Phil’s Links:  Phil’s LinkedInPhil’s TwitterMain Sequence Ventures Companies Mentioned Main Sequence VenturesPollenizerSpreetsHungry JacksCSIROY Combinator People Mentioned  Mick LiubinskasDean McEvoyDavid BurtJack CowinNick HazellPaul Graham Special Thanks: Special thanks to Nick Hazell and Mick Liubinskas for their help with research for this interview! ? Feedback/connect/say hello: [email protected]@RohitBhargava7 (Twitter)/rohbhargava (LinkedIn)@rohit_bhargava (Instagram)My Youtube Channel Credits: Music: Joakim Karud – Dreams Other channels: Don’t have iTunes? The podcast is also available on Spotify, Soundcloud & Stitcher Audio Player. Find all links to the podcast here. https://traffic.libsyn.com/secure/startupplaybook/Ep149_-_Phil_Morle_Partner_-_Main_Sequence_Ventures_on_leaps_equity_and_the_art_of_flearning.mp3Podcast: Play in new window | Download | EmbedSubscribe: RSS admin January 1, 2014 Reply Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat admin January 1, 2014 Reply Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat admin January 1, 2014 Reply Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. .dslc-tp-comment-form input[type=text]::-moz-placeholder, .dslc-tp-comment-form input[type=url]::-moz-placeholder, .dslc-tp-comment-form input[type=email]::-moz-placeholder, .dslc-tp-comment-form textarea::-moz-placeholder { color: #4d4d4d; } .dslc-tp-comment-form input[type=text]::-webkit-input-placeholder, .dslc-tp-comment-form input[type=url]::-webkit-input-placeholder, .dslc-tp-comment-form input[type=email]::-webkit-input-placeholder, .dslc-tp-comment-form textarea::-webkit-input-placeholder { color: #4d4d4d; } .dslc-tp-comment-form input[type=text]:-ms-input-placeholder, .dslc-tp-comment-form input[type=url]:-ms-input-placeholder, .dslc-tp-comment-form input[type=email]:-ms-input-placeholder, .dslc-tp-comment-form textarea:-ms-input-placeholder { color: #4d4d4d; } Copyright © 2015 - Live Composer The post Ep149 – Phil Morle (Partner – Main Sequence Ventures) on leaps, equity and the art of flearning appeared first on Startup Playbook.