#002: Adrian Stone - The Not-So-Small-Time VC

By Jordan Michaelides
February 21, 2017

Adrian (Left)

Image: Adrian Stone with Craig Lambert, AFR

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Adrian Stone ( @SmallTimeVC ) is an angel investor & entrepreneur, who’s done immense work in the Melbourne Startup scene. A self-declared small time VC, he’s well known for running one of Australia’s earliest accelerators ( AngelCube ), and voicing an array of opinions over Twitter. Adrian now spends most of his time on unique investments & finance, slowly working on a great little publication called Seven.  


This guy is a lot of fun to talk to, always dropping something interesting when it comes to general entrepreneurship, and grinding it out in the business world.

We covered a wide-ranging array of topics including:

  • His first job at Tandy and becoming an entrepreneur & investor
  • On indirectly instilling an entrepreneurial spirit as a father
  • On indirectly or directly learning from his parents, that he still carries today
  • Thoughts on the future of electric and autonomous cars
  • How he picks his angel investments
  • Advice for those wanting to get into angel investing
  • Lessons learnt being in venture capital
  • Recommended/go-to books for gifting
  • Something he believes in, that others may not
  • How he defines success and finding direction in career choice, without worrying about money

Enjoy,

Jordan & Lauren


Show Notes

  • Bio from first job at Tandy to becoming an entrepreneur & investor {04:52}
  • How to work an earnout {17:34}
  • How Y Combinator inspired Angelcube, and the link to Inspire 9 {27:04}
  • On indirectly instilling an entrepreneurial spirit as a father {37:50}
  • On indirectly or directly learning from his parents, that he still carries today {43:27}
  • Commentary on events like Brexit and President Trump {50:34}
  • On the value of a Tesla as a luxury car {01:00:28}
  • Thoughts on the future of electric and autonomous cars {01:06:38}
  • How he picks his angel investments {01:18:22}
  • Advice for those wanting to get into angel investing and his background on Investors Org {01:22:28}
  • Lessons learnt being in venture capital {01:28:43}
  • Recommended/go-to books for gifting  {01:31:10}
  • Morning rituals {01:36:07}
  • Amazing purchases under $200 {01:40:32}
  • Something he believes in, that others may not {01:42:04}
  • How he defines success and finding direction in career choice, without worrying about money {01:45:07}

 


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