First Cheque with Cheryl Mack & Maxine Minter

Building a Network-Powered Family Office for Impactful Investing with Judy Anderson-Firth Group CEO of Euphemia

Summary

Judy Anderson-Firth, the Group CEO of Euphemia, shares insights into their investment strategy, including their focus on supporting diverse founders and making a positive impact on the Australian startup ecosystem. She emphasizes the importance of transparency and accessibility in the family office world and discusses the value of building a strong network and connecting founders within their portfolio. Judy also explores the concept of gracefully exiting failed startups and the potential for an "anti-accelerator" that rewards founders for pivoting and trying new ideas. She concludes by introducing the Euphemia Syndicate, a platform that provides access to unique deal flow and lowers the minimum check size for angel investors.

About The Guest(s)

Judy Anderson-Firth is the Group CEO of Euphemia, a family office that invests in fintech, climate tech, and women-led startups. She has extensive experience in the startup ecosystem, having previously served as the CEO of Startup Victoria, Australia's largest startup community for entrepreneurs.

Key Takeaways

  • Euphemia invests in fintech, climate tech, and women-led startups, prioritizing founders from disadvantaged backgrounds.
  • Transparency and accessibility are crucial in the family office world.
  • Building a strong network and connecting founders within their portfolio is highly valuable.
  • Celebrating and facilitating the graceful exit of failed startups can accelerate the growth of the ecosystem.
  • The Euphemia Syndicate offers access to unique deal flow and lowers the minimum check size for angel investors.

Quotes

  • "A failed founder is an experienced founder." - Judy Anderson-Firth
  • "Australia is not doing a good job at the moment of celebrating and facilitating founders to gracefully exit." - Maxine Minter
  • "If we make failing easier, more respectful, and celebrate the benefits, we'll move much faster as an ecosystem." - Maxine Minter
  • "We've now built the Euphemia Syndicate... to share some of those deals and lower the minimum check size and share the love." - Judy Anderson-Firth
  • "Cheryl, you're building an incredible platform, a piece of financial infrastructure for the startup ecosystem to unlock capital." - Judy Anderson-Firth

Sponsors:

First Cheque is supported by our wonderful sponsors:

Deel: Founders scale faster on Deel. Set up payroll for any country in minutes, hire anyone anywhere, and get visas handled fast, so you stay focused on scaling. Deel takes care of onboarding, HR, IT, EOR, benefits, and compliance, so your team can grow without borders.

It’s why more than 40,000 fast-growing companies trust Deel to move fast.

Visit https://www.deel.com/dayone

First Cheque is part of Day One, the podcast network dedicated to founders, operators & investors.

Learn more by joining Day One's newsletter. We create content to help founders. https://dayone.fm

Learn about upcoming guests and new First Cheque episodes are available, join the First Cheque newsletter https://dayone.fm/podcast-network/first-cheque/newsletter

This podcast uses the following third-party services for analysis:

Chartable - https://chartable.com/privacy

Mentioned in this episode:

Deel x PX_Script 1



This podcast uses the following third-party services for analysis:

Podtrac - https://analytics.podtrac.com/privacy-policy-gdrp
Spotify Ad Analytics - https://www.spotify.com/us/legal/ad-analytics-privacy-policy/