$600m from 3 Ozzie funds

Square Peg, Balcjbird Ventures and Brandin Capital have each announced a $200m fund going into 2016! What does this mean for Innovation.

Assume the following:- 

– a 5 x return over 5 years – 

– and on average would end up with a 30pc stake in their investments.

Resulting in increased value in innovation of $10b over  5 years from 3 funds.

What will he the tipping point to  encourage more money to flow into the innovation space! 

Turnbull is on the money!

What do you think?

Posted on November 23, 2015