#042: Looking to the sky with VC Elaine Stead

By Jordan Michaelides
November 29, 2017

Elaine 1 Image: Elaine Stead. Photography: Steve Pohlner 

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    Elaine Stead ( @elainestead ) is a Venture Capitalist, and is the Head of Blue Sky’s VC division.

    Elaine is not your traditional VC (the Patagonia vest wearing kind), but an embodiment of the new generation of young VC’s entering the game - former entrepreneurs with a nous and passion for technology and teams.

    You’ll discover that Elaine is unique in her understanding of the “game” that is venture capitalism, and has built an offering at Blue Sky that provides Australian entrepreneurs with rare access to Asia and the Americas.

    She is open and incredibly sharp with her wit (trust me, you should follow her on Twitter for the travel tales). But Elaine also displays incredible awareness and emotional intelligence - only attributes that could be fostered by her unique upbringing and career.

    You’ve probably heard Elaine articulate gems about what it takes to build a companies in many interviews now, So I hope that we’ve been able to capture a snapshot of her united theory of entrepreneurship for you.

    Key topics covered:

    • The most ridiculous travelling situation she’s experienced

    • Lessons learnt from her parents, multiculturalism and growing up

    • Key principles that guide Elaine’s life

    • Using radical transparency

    • Dealing with dark periods

    • The 10 year rule for entrepreneurs

    • Introducing the next gen of VC’s

    • Is Australia late to the party?

    • What is the defining feature of a startup’s success?

      Enjoy the episode, 
      Jordan & Lauren




      Show notes

      • 05:34 - The most ridiculous travelling situation she’s experienced

      • 08:54 - Earliest memory of her childhood

      • 12:35 - Lessons learnt from her parents, multiculturalism and growing up

      • 20:53 - Key principles that guide Elaine’s life

      • 22:58 - Using radical transparency

      • 27:49 - Dealing with dark periods

      • 31:43 - The 10 year rule for entrepreneurs

      • 36:00 - Introducing the next gen of VC’s

      • 46:12 - Is Australia late to the party?

      • 50:30 - What is the defining feature of a startup’s success?

      • 54:58 - What Elaine is reading currently

      • 01:01:48 - Morning & evening rituals

      • 01:04:07 - If she could do a TED talk on any area outside of VC and health science

      • 01:05:10 - What seems obvious to her but not to others?

      • 01:06:30 - Starting over again with nothing, what would she do differently?

      • 01:09:32 - If she could have a billboard anywhere



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