Nicholas Ooi

VC Investor @investible

[STARTUP DAILY @StartupDailyANZ]

Cyber-intelligence startup https://t.co/Znk92Gkyv8, a countermeasure to Australia’s $2 billion scam industry, has raised $2.5 million in Seed funding.

https://t.co/z0dx9ETjwm

[STARTUP DAILY @StartupDailyANZ]

A semiconductor technology startup that’s developed a new way to print chips for artificial intelligence has raised $8.8 million in pre-Series A funding.

https://t.co/0p1qhUBMUS

[Investible @investible]

🌐 Switchboard has joined the Investible portfolio! 🌐

We led Switchboard’s A$1.5m Seed round with participation from @TEN13vc, @AfterWorkVC, @SkalataVentures, @archangel_vc, @startmate, @EverywhereVC and various angels!

Investment notes by @_nickooi ⬇️
https://t.co/YHWgbiWsgq

[Nicholas Ooi @_nickooi]

Fascinating to see which @JobsandSkillsAU groups in shortage.

#AI/ML advancement will likely alleviate #labour pressures from traditional services industries (e.g. #ProfessionalServices).

I wonder how more ‘physical’ industries (e.g. #builtworld) will cope and adapt 🤔

[franko 🌱 @ContinuityError]

let's goooo #sunrise24 @blackbirdvc

[Investible @investible]

🚚 Introducing our latest investment: Veyor 🚛

Veyor is a logistics scheduling SaaS platform that is helping the construction and facilities management industries move away from whiteboards and spreadsheets.

Read more from @Tegan_Writes on @SmartCompany
https://t.co/rSHp9Qn91E

[Investible @investible]

Welcome to the Investible portfolio Tability!🎯

Co-founded by Sten Pittet and Bryan Schuldt, @tabilityio is helping drive workplace productivity and accountability through its AI-powered goal-tracking software.

More from @_nickooi’s notes below.

https://t.co/8Dls8d5o7t

[Nicholas Ooi @_nickooi]

@stenpittet and @grapehichew are building the modern platform for AI-powered goal setting and workplace accountability.

Please reach out to them if your team is in need of a goal-setting and accountability platform which is deeply embedded into existing workflows!

[Investible @investible]

Welcome to the Investible portfolio Tability!🎯

Co-founded by Sten Pittet and Bryan Schuldt, @tabilityio is helping drive workplace productivity and accountability through its AI-powered goal-tracking software.

More from @_nickooi’s notes below.

https://t.co/8Dls8d5o7t

[Nicholas Ooi @_nickooi]

Will be in #Canberra tomorrow for the @CBR_IN Annual Investor Showcase. Any talented and ambitious founders I should be meeting with?

[Brett Adcock @adcock_brett]

Early in my tech career, I used to make investors sign an NDA before I would even speak to them.

I was worried that if somebody knew my idea, I could be outpaced or out-executed. Secrecy was an asset as it allowed me to build without tipping off any potential competitors.

Over the last decade, my view on this has completely changed. I no longer believe that being secretive was helpful. In fact, it might have been detrimental to hiring and raising capital.

What I have learned is that the only real competitive advantage in technology is the number of product iterations and the progress made between those iterations. Essentially, I value the rate of progress in the highest regard.

I no longer worry about someone copying me, nor do I think it matters. What matters is my team’s ability to execute at the fastest possible rate and to continue innovating over time. I also believe that sharing publicly is net beneficial for many reasons, including hiring top talent who understand your vision, raising capital from investors who are following your story, signing commercial customers, gathering feedback, and the list goes on. So I’ve been building my companies in public and I urge my fellow founders to do the same.

The rate of technological progress is the only true competitive advantage.

[Investible @investible]

Welcome to the portfolio, Hatch🐣

Hiring for early-mid career professionals is broken, and the Australia-based startup is on a mission to fix it.

More on our latest investment, from @_nickooi's notes below.

https://t.co/59FjHbAX8S

[Nicholas Ooi @_nickooi]

Entry valuation matters more than you think to VCs for vertical SaaS solutions due to TAM restrictions.

However, vertical SaaS TAMs can expand quite rapidly once the platform starts to transition from a niche point solution to a true system of record 🤔

[Investible @investible]

It’s here. Investible’s 2023 Year in Review by the numbers…

💥 62 investments, 29 new portfolio companies, 33 follow-on investments, 2 exits, 8 new team members, 1 grand opening, and 1 new fund.

Read all about it on our blog ⬇️

https://t.co/fvfp9lGtpn

[Investible @investible]

Ending the week with some exciting news: Congratulations to @LIGRLive for a successful exit and acquisition by @crionet 🦁⚽️

We're proud to close this chapter and grateful to Luke, Adam and the LIGR team for a successful partnership.

https://t.co/ZWeEmMicex

[Accounting & Business Expo @AccountingBExpo]

Introducing the Judges for #ABExpo 2023 Sydney Pitchfest! Join us on day 2, 23 November at 2:00pm and see six start-ups go head-to-head in a shark tank inspired pitchfest! Don't miss this, register FREE now https://t.co/B8oDk3CfLS

[Nicholas Ooi @_nickooi]

New office vibes @GreenhouseTech @investible 👀

[Nicholas Ooi @_nickooi]

Had an awesome time judging the #Pitchfest at the National Roads and Traffic Expo!

Impressed by the number of innovative early-stage startups in the #transport #logistics and #climate space.

I would love to meet more - please reach out if you’re building in these spaces!

[Nicholas Ooi @_nickooi]

@benlindsay_ @letterofintent_ @ benjamingraham

[Nicholas Ooi @_nickooi]

@BNembot Great take… I agree it’s a tough segment to crack. Residential GCs typically also have lower propensity to pay for software (their operating margins are already quite thin). @Buildxact is an up and comer to take a look at

[Nicholas Ooi @_nickooi]

Didn’t know NBL teams need VC funding now 🤔