Ep152 – Alister Coleman (Co-founder & Managing Partner – Folklore VC) on due diligence, focus and multigenerational funds

The Startup Playbook PodcastInsights and lessons from the world's best entrepreneurs and investors Twitter Facebook YouTube Instagram Ep152 – Alister Coleman (Co-founder & Managing Partner – Folklore VC) on due diligence, focus and multigenerational funds July 8, 2021 rohitbhargava Podcast My guest for Ep152 of The Startup Playbook Podcast was the Co-founder & Managing Partner at Folklore Ventures, Alister Coleman. Alister started his career in portfolio management and banking for family offices before going on to become the Co-founder of ShippingEasy in 2011. 5 years later, ShippingEasy was acquired by stamps.com for $80M. He is now the Co-founder & Managing Partner of Folklore Ventures, which is a $55M pre-seed and seed stage VC fund. In this interview we discussed: Lessons from Al’s journey with ShippingEasy including why selling too early is not a great outcome for founders & investorsFolklore’s unique investment approach which has led to a portfolio with next to no overlap with other VC funds in AustraliaA look into Folklore’s thorough due diligence processAlister and Folklore’s vision and approach in building a multi generation fund& much more Timestamp  1.59 – Alisters’ background and startup experience2.59 – Lessons learned from working with Shipping Easy 5.27 – The significance of Shipping Easy in the early days of ecommerce8.59 – Balancing the investor and founder visions 11.26 – Hiring the best team to work with you 13.58 – Acquisition and knowing when it’s the right time to sell20.55 – Managing stressful times and getting support from your team23.55 – Hiring for intellect and skills that can’t be taught 28.04 – The importance of investing in companies that have a positive impact on the world 34.04 – Folklores’ approach to investment and why the safe option isn’t always actually safe38.37 – Supporting startups who are doing the ‘impossible’ 41.40 – Innovation in the drone industry and how it can be used for the distribution of vaccinations43.42 – Building a mentor-mentee relationship with founders and why that support is so valuable 48.08 – The future of the Australian startup and investment ecosystem 51.57 – How to get in contact with Allister and Folklore  Links Mentioned Alister’s Links: Alister’s LinkedInAlister’s TwitterFolklore VC WebsiteContact Folklore VC People Mentioned Mark HelvadjianHannah Field (Folklore)Brett CairnsEric Peck Companies Mentioned  Folklore VCTempus PartnersHealthMatch Shipping EasyMagellanAurorSwoop Aero Special Thanks: Special thanks to Hannah Field and Eric Peck 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/Ep152_-_Alister_Coleman_Co-founder__Managing_Partner_-_Folklore_VC_on_due_diligence_focus_and_multigenerational_funds.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 Ep152 – Alister Coleman (Co-founder & Managing Partner – Folklore VC) on due diligence, focus and multigenerational funds appeared first on Startup Playbook.