The Sachin and Adam Show
In today’s episode, we’re joined by John and Jax, partners at AirTree, to talk about their massive new $650 million fund — a milestone backed by some of the world’s top institutional investors. They break down why global capital is finally paying attention to Australia, how this changes the game for local founders, and what traits they now look for in world-class startups. From the rise of AI-native companies to the evolving VC landscape, this is a must-listen for anyone building in tech. Check out their socials: Jonh Henderson: https://www.airtree.vc/team/john-henderson [https://www.airtree.vc/team/john-henderson] https://www.linkedin.com/in/johnhenderson/ [https://www.linkedin.com/in/johnhenderson/] Jackie Vullinghs: https://www.airtree.vc/team/jackie-vullinghs [https://www.airtree.vc/team/jackie-vullinghs] https://www.linkedin.com/in/jvullinghs/ [https://www.linkedin.com/in/jvullinghs/] We dive into: * Why AirTree raised a $650M fund — and what it unlocks for founders * How global LPs are finally backing Australian venture capital * The rise of AI-native startups and why they matter now * What AirTree looks for in early-stage founders today * The shift toward faster, conviction-led investing * Why “speed and intensity” beat “balance” in the startup game * How growth-stage VC is evolving in Australia * Why AirTree is investing in companies they once missed * The internal culture driving AirTree’s success * Predictions for the future of VC and AI-driven business models 00:00 Exciting Announcement: New $650 Million Fund 00:17 The Importance of International Investors 00:52 Meet the Partners: John and Jax 01:13 The Emotional Rollercoaster of Venture Capital 01:23 The Fast-Paced World of VC: Diligence and Conviction 01:49 A Special Message to Our Viewers 02:31 Deep Dive: The New Fund and Its Impact 05:21 Why Australia? Convincing Global Investors 06:28 The Growth of the Australian Tech Ecosystem 09:28 Vanta Ad 12:40 Fund Structure: Seed, Growth, and Co-Investment 18:48 The Role of Growth Funds in the VC Landscape 20:44 Global Trends in Venture Capital 29:47 The Emotional Journey of Building a VC Firm 31:21 Core Ingredients for Venture Scale Business 32:11 Navigating the Nebulous World of AI 33:10 Backing AI Native Entrepreneurs 34:30 Valuation Challenges in the AI Era 35:53 Importance of Founders in AI Startups 43:22 Australian Founders on the Global Stage 46:19 Air Tree's Growth Fund Strategy 49:00 Building a World-Class Team at Air Tree 50:49 Future Vision for Air Tree 55:21 Adapting Investment Strategies 58:36 Continuous Learning and Healthy Debate 01:01:07 Conclusion and Future Outlook
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