Business Is Boring

Business is Boring is a weekly podcast series presented by The Spinoff in association with Callaghan Innovation. Host Simon Pound speaks with innovators and commentators focused on the future of New Zealand, with the interview available as both audio and a transcribed excerpt. This week he talks to John Henderson, partner at Airtree. One thing that we talk about a lot on this show is what it takes to make an idea successful, but one part that doesn't always get raised, but that is perhaps one of the top factors, is getting the access to the right capital at the right time. Not getting access to the funds at the right time to grow equals failure. Getting capital that demands you do the wrong things spells trouble. Getting capital and not spending it well spells trouble. It is an industry where one win can carry ten losses, and changes in markets, technology and personnel can turn a sure fire bet into a tanker, and vice versa. It's an area that fascinates. People like the team from A16Z have done a great job in