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Mark Di Stefano

Blackbird and the problem of investing in women

Australia’s most prominent VC firm self-reported data that shows funding female-led start-ups is a no-growth sector.

Mark Di StefanoColumnist

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You won’t find a place in the Australian corporate landscape populated by more mediocre sycophants than the country’s VC-backed start-up community.

VC is supposed to be all moonshots and big bets on the future. “We were supposed to get flying cars,” the saying goes. Instead, we have three big shops – AirTree, Square Peg and Blackbird – who redirect super money to fund B2B tech start-ups. Stirring stuff!

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Mark Di Stefano is Rear Window columnist, based in the Sydney newsroom. He previously worked at BuzzFeed, the Financial Times and The Information before joining the Financial Review as a media and tech correspondent. Connect with Mark on Twitter. Email Mark at mark.distefano@afr.com

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    Original URL: https://www.afr.com/rear-window/blackbird-and-the-problem-of-investing-in-women-20231206-p5epjm