Q&A Series Session 3: How to avoid a down round for your startup (21 Sep)

Join us for the third session in our four-part series, where we ask investors, founders and subject matter specialists what they are paying attention to right now - and what the downturn really means for Australia's startup ecosystem. Gain actionable insights into the state of play from those in the thick of it, and get key takeaways from each session that can be applied to your startup.

SESSION #3:Slowdown means re-evaluating valuations: How to avoid a down round for your startup.

Wednesday 21st September 8.30am – 9.30am AEST [Online]

With a downturn comes the possibility of dipping valuations. So what can founders do to avoid the impacts of excessive dilution and creating an uninvestible startup? Amanda Price speaks to Georgia King-Siem, Partner - Accelerating Business Growth, Benjamin Chong from Right Click Capital, and Joel Thornton from Fundsquire about the different options founders can take to avoid a down round.

Our PANELLISTS:

• Benjamin Chong, Partner, Right Click Capital. Benjamin is the founder of Right Click Capital, a group of passionate founders and investors specialising in identifying, investing in and supporting high-growth Internet and technology-related businesses in Australia, New Zealand and South East Asia. Benjamin has a track record of investing in and building successful Internet-related businesses for over twenty years, and is an active technology start-up community member in Australia, South East Asia and United States.
  
• Joel Thornton, National Partnerships and Sales Lead, Fundsquire. Joel manages both the partnership ecosystem and the client facing teams at Fundsquire. A large part of his role is bringing those two worlds together, leveraging the Fundsquire partnership network to help solve any number of problems that early-stage businesses are faced with.
• Georgia King-Siem, Partner - Accelerating Business Growth, KPMG Australia. Georgia is a Partner in the Accelerating Business Growth practice where she specialises in assisting clients with understanding and accessing government funding (R&D incentives, grants, etc.) and commercial strategy. With a strong focus on technology-based innovation, Georgia leads KPMG’s national R&D tax technical team.

VIEW Q&A RECORDING

Registrations have now closed for this Q&A. If you missed it, you can view the recording here.

VIEW OTHER SESSIONS IN THIS SERIES

Session #1: 3 views: How should founders prepare for the decline in valuations and investor interest?

Wednesday 7th September, 8.30am – 9.30am [Online]

Investors are tightening their wallets, but what does this mean for founders? Head of High Growth Ventures' Amanda Price speaks to three specialists to get their take on how founders should be responding to the market crunch.

Session #2: Conserving capital & runway: practical tips for founders to slow cash burn over the next 1, 3 and 6 months

Wednesday 14th September, 8.30am – 9.30am [Online]

In a down economy investors agree: Behaviours must change. Founders need to conserve capital and runway, but what does this mean in action? In this session, Amanda Price speaks to Rachael Neumann, Charlie Wood, Robyn Langsford and Brendan Richards to unpack tangible actions founders and their teams can take to extend runway and increase operational efficiency.

Session #4: Investor Outlook: How do VCs prepare for a market downturn? How will the changing market conditions impact the way they operate and invest.

Wednesday 19th October, 8.30am – 9.30am [Online]

How will VCs adjust their investing behaviour? What happens to a VC's dry powder if they can't deploy it over the next 12-24 months? Which industries are least impacted and offer growth opportunities to startups and scaleups currently? In the final session, Australian VCs demystify how investors are actually responding to the downturn.

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