CEO LeapSheep. Scaling radically better support for startups & innovators. Transitioning support models away from lived experience towards data and algorithms.

Adelaide, South Australia
Joined May 2008
Replying to @strategyzer
@strategyzer Unbelievably valuable article every startup founders, early stage employees, mentors, advisors and investors should read. xitter.cf/strategyzer/status/844…
You can understand customer interest without even building a product. Important lessons in testing here. buff.ly/2nIHQDV
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I viscerally feel this when I look at our industry. I deeply appreciate the disagreeableness personality trait that's needed to call such things out. I love founders working on truly hard problems.
"VC has ceased to be the funder of the future, and instead has become a funder of features, widgets, irrelevances." Peter Thiel / Founders Fund
Kirk Drage retweeted
One of the most expensive (and under-discussed) things in the startup world is talking to and learning from the wrong people.
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This is good for founders. This is also good for existing and future investors.
Instead of selling equity to investors, figure out ways to optimize spend at your startup.
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Great reality check. Customer fans, sustained growth, multiple 6 figure cap raises, 7 figure valuations - all great progress, still doesn't necessarily mean you've reached PMF.
Replying to @dunkhippo33
8) This is especially true for companies pre-product market fit. These days, I'm seeing companies hit $50-$100m valuations pre-product market fit. I may look smart if I can get a 10-20x markup here. But, honestly, ANY pre-product market fit can go to 0 if they can't find PM fit
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Might this be a key reason we're falling so short on commercialising the immense value created by the Australian Research community each year?
The more technical your pitch, the more you’ll get delegated to executors/users VS leaders.
I love how clear these trends are. What's needed is support for individuals to be able to act on this knowledge in a way that's affordable and accessible. Little point being able to predict the future if you can't capitalise on that for yourself and your community.
Technology prediction for the 2020s:
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This is true in my experience. However, neither a great product nor great sales and marketing will save you if you've chosen a poor market. A poorly defined market will cause you to fail at worst, at best it will sap resources unnecessarily.
Avoiding sales and marketing because you have a “great product” is a losing strategy.
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Great thread @trengriffin shining a spotlight on the challanges with mainstream media reporting on startups and startup investment. Like any specialist profession, specialist professionals are required for quality.
1/ "Fact check in aisle one!" Which Theranos board members were from Silicon Valley? news.google.com/articles/CAI…
Also works if you replace SCIENCE with STARTUPS...
SCIENCE: If you don't make mistakes, you're doing it wrong. If you don't correct those mistakes, you're doing it really wrong. If you can't accept that you're mistaken, you're not doing it at all.
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Most founders don't do this. Most investors don't demand this. A cheap and easy way to boost chances of startup success - if you can overcome your urgency bias.
If 𝗿𝗲𝘃𝗲𝗻𝘂𝗲 𝗶𝘀 𝗮 𝗹𝗮𝗴𝗴𝗶𝗻𝗴 𝗶𝗻𝗱𝗶𝗰𝗮𝘁𝗼𝗿, how do you know if you're on right track beyond conversions? Collect: ✅ head-nod from ICP around specific unmet need ✅ quantitative data re: implications not solving ✅ clear examples/cost how ICP solved in past
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Kirk Drage retweeted
You have 1 job in sales ... know the problem better than the customer does.
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Kirk Drage retweeted
Recipe: 1. Write an essay. 2. Explain to a friend what you said in it. 3. Go back and rewrite it to say what you just said to your friend.
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Thx for a great event in Adelaide with high quality startup experience and guidance on offer. @innovationbay @johnhenderson xitter.cf/joshgarratt/status/101…
Day 2 of #EWeekSA2018 kicks off with a @innovationbay breakfast. @rabbieburns interviewing @johnhenderson from @airtreevc hosted by @KPMG
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Tonight’s @AdelaideSmart event begins at @SAWaterCorp for #ArtificialIntelligence Update with @kdrage, @DrMPerugini @Life_Whisperer_, Dr Zygmont Szpak @UniofAdelaide & our Dr John Flackett @drpuffa #AI #Adelaide #adlEIR
"Every start-up begins with an idea, and that idea is always wrong in some way. What determined if the venture would succeed...if the inevitable flaws were found and corrected faster than the company ran out of money." Mapping Innovation by @Digitaltonto on Steve Blank's insights
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Why startup entrepreneurship is more accessible than ever... "Modern innovation is more about elegant integration than invention" Larry Keeley of @DoblinGlobal at @suau18
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Blockchain for Social Physics is a thing and it's got potential to help early stage founders and investors get more aligned. Great interview with @alex_pentland xitter.cf/alex_pentland/status/9…
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Knowledge is the one natural resource that we will always have more of over time – @ramez #SUAU18
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Loved the session on story telling by @101Storytellers at #suau18 - great services and tools for founders that need to pitch!
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