Gen Y tech investor Michael Frazis is pushing into venture capital investment after buying a 10 per cent stake in software start-up Caresquare, which boasts it’s already profitable in helping National Disability Insurance Scheme managers improve efficiency.
Mr Frazis – son of former Bank of Queensland boss George Frazis – has now invested around three quarters of $10 million raised from 65 high-net-worth investors and associates across 12 early-stage start-ups in the software, healthcare, and e-commerce spaces.
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Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com
