Episodes

  • In 2017, Mick Liubinskas got one line from an old basketball mate: "maybe it's time you got in the game." He'd just moved to the US, read the IPCC reports for the first time, and had three kids under seven. But he couldn't unsee it, so he got in the game.

    Nine years on, Mick leads Climate Salad - a community of 800 Australian climate tech founders and operators that he deliberately chose to keep lean when it could have grown. He knows the funding volatility, the long hardware timelines, the challenge of selling Australian innovation to Australians who'd sooner trust the same thing from a US startup. But when three founders in the same week told him their sales cycles were getting shorter, he almost cried.

    What this conversation gets into is the tension in climate tech right now: how do you hold genuine conviction about an existential problem while speaking a language that CFOs, customers and markets can actually act on? And what happens when you finally make peace with what kind of builder you actually are instead of the one you assumed you were supposed to be?

    Kate sits down with Mick to talk about why he walked away from a tech career to work on climate, what he learned from building and deliberately shrinking a community, the one leading indicator that tells him the tide is turning, and what he changed his mind about.

  • Most of us remember what it's like to want to be in a room we're not allowed into.

    For Phoebe Pincus, that room was startups. Before she became CEO of Startmate, she was writing heartfelt cover letters to startups who never wrote back, wanting in with no warm intro and no way through the door. And so when someone said yes, she never forgot what that felt like and it's shaped everything she's built since.

    Today Phoebe leads Startmate, the community-driven seed fund that has touched over 10,000 founders, operators and investors across the ANZ ecosystem. She's also the co-founder of Cheeky Run Club, an amateur running podcast that hit a million downloads in two years by doing one thing: making people feel like they belonged as runners.

    In this episode, she talks about what it actually takes to build a community people genuinely belong to, not just show up to. What she looks for in the founders most likely to succeed and the trap that even the best fall into. Why making it easier to build products is quietly creating a generation of founders who've stopped talking to customers. And why everything that looks like a threat to the startup ecosystem - hacker houses, closing accelerators, VCs going earlier - looks to Phoebe like good news.

    In a world drowning in bad news, Phoebe looks at the same facts as everyone else and chooses to see opportunity. We love it.

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  • When Nick Rudder's co-founder left and went back to Australia, Nick was alone in the US. His wife was pregnant with twins. Their health insurance wouldn't cover the pregnancy. He had almost no budget and no product. He could have gone home. He didn't.

    Sphere - now backed by a16z - builds international tax compliance for the fastest-growing software companies in the world. Most of their customers have never had a compliance platform before. They're moving too fast to have built one, which means Nick isn't up against a competitor. He's becoming the function they don't yet have.

    How you get from "everything is on fire" to "a16z writes the check" is the episode. The 60 discovery calls before a line of code. The Figma prototype he sold until a customer told him to grow up. The AI he built to reason over trade law while the old guard said it couldn't be done.

    Kate sits down with Nick to talk about what it takes to rebuild from nothing and what the fastest corner of the market actually demands right now.

  • There are people who think about culture. And then there's Didier Elzinga.

    Fifteen years running CultureAmp. 7,000 organisations. A front-row seat to how culture forms and fractures - the writedowns, the departures, the hard conversations that don't make it into announcements. During this episode, Didier draws on Buddhist philosophy, Buckminster Fuller, spiral dynamics, Brené Brown and more. Not as decorations but as working tools for a CEO who has spent two decades in the room when things go wrong and when they go right. He knows the difference between organisations that are succeeding and ones that are performing success.

    That's the vantage point he brings to AI. Not the model specs or the market positioning. The human question: what happens to culture, identity, and the way we work together when the tools change this fast? Who holds the values of an organisation when part of its team isn't human? And does context - the real context, the stuff that lives in a company's bones - survive the remaking?

    He also has a question he's been considering that has nothing to do with AI. The one every founder eventually faces, usually alone. When your identity and your company have been the same thing for twenty years - who are you when that changes?

    Kate sits down with Didier to go there. On culture, on AI, on what a leader owes the people who follow them. And on what, exactly, is worth protecting.

  • If you're here for commentary on the Pope, Trump, or the geopolitics of frontier AI - this isn't that episode. If you're here for the unfiltered view from the people actually building Claude - stay.

    This one is for the builders, the tinkerers, and the curious. Two of the people behind Claude - not here for governments, the press, or the Vatican. Instead, here to zero in on what they're seeing, and how you can get more from AI, however you're using it.

    Katelyn Lesse runs engineering for Anthropic's Claude Developer Platform. Angela Jiang runs product. They're the people closest to what builders are actually doing with the technology and are exactly the kind of spark people they'll tell you every team needs.

    What they're seeing: teams that transform overnight because one person in them is genuinely obsessed. Founders who move with the model instead of against it. A shift from "content is king" to "context is king" that most people haven't caught up to yet. And a clean slate advantage - available to anyone willing to look at an old problem as if it's never been solved before.

  • Earlier this year, Eucalyptus sold for $1.6 billion - one of the biggest exits in Australian startup history. Charlie Gearside co-founded it.

    A year on, he's spending his time on YouTube and on Build Australia, the nonpartisan movement he launched last month to make space for a more ambitious version of this country. He talks publicly about property investing, the universities, and a culture that calls earnest people try-hards. None of it is comfortable, and none of it is what most people do after an exit.

    He's also the first to admit that none of this pays off quickly. The work is to shift what Australians think is acceptable to want. A project that’s measured in decades, not quarters.

    Kate sits down with Charlie to talk about untangling your identity from a company you built. The brutal question he had to ask himself before leaving Eucalyptus. Why he won't go into politics. Why he thinks the most risky thing right now might be doing nothing. And the one topic he's still too nervous to make a video about.

  • After 77 episodes and eight years at Blackbird, Mason Yates is signing off as host of Wild Hearts. This is his final episode - just eight minutes, no fanfare and true to how he hosted: generous with the floor, light on his own voice.

    Mason started Wild Hearts in 2020. Lockdown. Sourdough. Tiger King. Across the six seasons since, Mason has sat down with founders building mind control for cows, sending toaster-sized satellites into orbit, and chasing a million-qubit quantum computer. Holding the mic through the 2021 supernova, the 2022 correction, the survivor years, and the deep tech wave defining this moment.

    There's one question he's asked nearly every founder along the way: what gives you the most energy? In this episode he walks back through the answers that have stayed with him - Melanie Perkins, Tim Doyle, Tom Kelly, Flavia Tata Nardini - and shares three lessons from 77 episodes on the craft of interviewing.

    And then he hands the show over to Kate Glazebrook.

    If you've been listening since 2020, this one's a love letter to the archive you helped build. If you're new, it's the perfect doorway in.

    Thank you, Mason. From all of us.

  • When Apple's iOS privacy changes hit, most people saw a headache. Rory Garton-Smith and Harry Dixon saw something else: millions of brands suddenly unable to reach customers, and no good solution in sight. So they built one.

    Checkmate connects consumers with personalised offers at the exact moment of intent, replacing spray-and-pray marketing with something precise enough that household brands are now paying attention. Eight-figure ARR. 260 million users. Revenue up 6,000% in six months.

    But the more interesting thing is what they've learned along the way. Because when you sit inside the shopping journeys of hundreds of millions of people, patterns emerge. Shopping windows. Platform preferences. How intent signals behave. What converts and what doesn't - and exactly why. That data is now the foundation of an AI marketing platform that goes well beyond savings.

    In this conversation with Mason Yates, Rory and Harry talk about how they found the gap, how they solved the chicken-and-egg problem between brands and consumers, and where the intelligence they've built is taking them next.

  • Min-Kyu Jung was a corporate lawyer who taught himself to code because he saw a problem that needed solving. Three years later, Ivo is winning enterprise deals against vendors with much bigger names, with clients like Uber, Netflix, Shopify, and Reddit choosing them in head-to-head bake-offs.

    How does an unknown startup from New Zealand win those deals? Min-Kyu stopped coding for three months to talk to 400 people. He went all-in on in-house legal teams while competitors hedged. He built features over weekends to save deals, then spent years on details others ignored.

    In this conversation with Mason Yates, Min-Kyu shares why being unknown became an advantage, what it takes to win trust with lawyers, and why going deep on one thing beats being everywhere at once.

  • How did two first time founders get so wise?

    Paying customers in four countries within weeks of launch. Firms signing pilot agreements before a product existed. Advisers calling Marloo life-changing. Not useful, not efficient, life-changing.

    The secret? Going slow to go fast.

    Hardy and Shak met at Sharesies where they helped build one of New Zealand's most loved brands, before starting something of their own. But instead of jumping straight to building, they spent six months in the ideas maze finding the right problem - exploring roofing, trade finance, retiring businesses. They built a 20-point framework, then threw it away. "Frameworks don't find markets."

    When they landed on financial advice, they embedded inside firms for days - watching, listening, earning trust - until they were certain this was an industry where they could build in for years to come. But even then, they didn't start coding. They kept refining until they could describe Marloo in three simple steps. Crystal clear. If they couldn't communicate it simply, they weren't ready to build it.

    Most founders build first and figure out how to explain it later. Hardy and Shak did it backwards. And that's why, when they finally launched, the product sold itself.

    Because they'd gone so deep on the problem, they could design for global from day one. Not because they got lucky, but because they'd built that way on purpose.

    Hardy runs the company from London. Shak builds from New Zealand. They disagree often and think that's the point. Tension resolved, then they move. No relitigating. Just trust.

    Marloo is just getting started. Remember the name.

    This is our last episode of 2025. We'll be back in the new year. Happy holidays.

  • This is the most technical episode we've ever done. Listen anyway.

    Yes, there are acronyms. Yes, you'll learn what a chiplet is. Worth it.

    But here's what you'll actually get: one of the best founder conversations we've recorded. Not because of the tech—but because of the humanity inside the tech.

    Last year, Syenta had six weeks of cash left. No term sheets. The technology her team was building? The world's biggest semiconductor manufacturers said it was impossible. Two weeks later, she had four offers on the table. Now she's backed by the US government, Singapore, and Arizona.

    What changed? Not the tech. The story.

    "When you're trying to do something inauthentic—that is not your DNA as a founder—you're not gonna raise money," Jeka says. "Lately I haven't been selling at all. I've been just talking to people about what we do."

    This episode is about falling in love with a problem so completely you move across the world to solve it. It's about building a team that burns the boats. It's about sharing your vulnerable vision before you feel ready. It's about being proud to be a tall poppy when Australian culture tells you to shrink.

    The semiconductor stuff? It's actually fascinating once Jeka explains it. (AI chips sit idle 40% of the time because the wiring can't keep up. Her tech fixes that. Potential impact: 1% of global emissions saved.)

    But even if you skip every technical detail, you'll walk away with lessons about fundraising in brutal markets, building culture through failure-sharing rituals, and going straight to the top instead of pushing from the bottom.

    We've included a glossary in the episode description if you want it. You probably won't need it.

  • Most founders wait for perfect conditions. Not Adam Gilmour. He started Gilmour Space before Australia even had a space agency.

    On July 30, that bet paid off. Australia's first launch permit. Fourteen seconds of flight. Right in the middle of the pack globally - SpaceX took four attempts to reach orbit.

    Those 14 seconds proved everything that mattered: cleared ranges, ground systems working, hold-down claws releasing 45 tons of thrust flawlessly. Stage zero validated. And a month earlier? A 100kg satellite reached orbit, found in under 8 hours instead of the expected 2 weeks, still working 130+ days later.

    "For a satellite company, that would've been massive," Adam says. "But we're a rocket company, so no one gives a shit."

    Adam knew the regulations would change. He knew government support would come. "We took the risk first. Then government comes. I knew they would come." He started building anyway: 240 people in Queensland doing rockets, satellites, and hypersonics that foreign investors "cannot believe."

    This episode takes you inside launch day: the orchestra of mission control, time vanishing in the final countdown, the moment Eris leapt off the pad. Adam talks about why he's building satellite buses to fix broken market economics, the path to dual-listing on the ASX and US exchanges, and going around the moon in 10 years.

    If you're building deep tech from Australia and wondering whether to wait for perfect conditions, Adam's already answered that question.

    "Stay tuned. Smoke and fire."

  • Most robotics companies die trying to build their first product. Alex Wyatt spent seven years building the platform so the second product took seven weeks.

    When August Robotics launched their exhibition robot in November 2019, it blew up - standing ovation, early revenue, real momentum. Then COVID hit. Exhibitions banned globally for 23 months. Zero revenue. Total cliff.

    But under that first robot was something almost no robotics company ever builds: a platform: autonomous navigation accurate to 3mm, custom localisation, fleet coordination, modular architecture. The long, painful, expensive work that many startups can't survive.

    Then it paid off.

    → Seven weeks from concept to prototype for their drilling robot

    → Google as their first demo and customer

    → 50,000 holes drilled across US data centres

    → DeWalt partnership unlocking entire tool ecosystems

    → More robots spinning out in months, not years

    Alex is also opening an AI and data centre in Melbourne, choosing to build the next layer of August's platform from Australia, not just Silicon Valley or Shenzhen.

    This episode breaks down the real hardware platform playbook: robot collaboration that collapses workflows, de-risking with hyperscaler customers, and why the "third way" of robotics creates network effects in physical space. Alex also talks about surviving 23 months of zero revenue, going from Blackbird LP to portfolio founder, and why he waited a decade for the timing to actually be right.

    If you're building hardware from Australia, fundraising deep tech, or wondering when long-horizon bets actually flip into growth - this is the one.

  • Nikki Brown is a Cambridge graduate who quit a dream job at Google after mere months. "I wasn't happy being a cog in a machine," she says. So she built her own.

    Today, Nikki is co-founder and CEO of Cartesian, an AI-native platform backed by Blackbird that turns SaaS ecosystems into retention and growth engines. Cartesian's AI agents analyse user needs in real-time, detect buying intent, and connect users with the right ecosystem partners at exactly the moment they need them. No cold emails. No spray and pray. The result: users get personalised solutions, platforms deliver value, partners grow.

    Nikki is building AI that works like she does: accumulating context and using it to connect meaningfully at the right moment. Finance gave her systems thinking. Tragedy gave her clarity. 120 conversations gave her deep customer insight.

    In this episode, Nikki joins Mason to share why team beats idea every time, why relationships, not data, are the real moat, and why the foundations of sales never change: "People buy from people."

    This one's for anyone questioning whether their "non-traditional" background disqualifies them - or wondering if their lived experience might just be the context that matters most.

  • There’s a graveyard of robotics companies—billions torched on beautiful demos we’ve all seen before, but never felt. This episode explains why the economics, the software, and the demand curve have finally flipped—and how Alloy plans to fuel the winners.

    Joe Harris returns to Wild Hearts—but this time as a founder. An engineer by training (ML for telecoms), operator by practice (Eucalyptus growth & product), and obsessive systems thinker, Joe unpacks why robotics is finally crossing from hype to inevitability. We trace the structural shifts powering the moment—collapsing hardware costs, foundation-model intelligence, and urgent customer pull—and the hard lessons from failed vertical farming plays that recalibrated what reliable automation actually demands. Joe introduces Alloy, a horizontal data and observability platform for robotics teams: find the 1% of mission data that matters, surface edge cases, track reliability toward “four-, five-, six-nines,” and shorten the loop from failure → fix → redeploy. If you’re building, buying, or betting on robots, this is the market map and playbook for the next decade.

    What you’ll learnThe three real drivers: cost curves, capability (VLM/VLA), and customer pullReliability as the business model: why 99% isn’t enough—and how teams get to 4–6 ninesData, not demos: robots emit GB/min; how to isolate the 1% that changes outcomesHorizontal vs. vertical: what failed in indoor/vertical farming and whyAlloy’s wedge: multimodal search (images, time series, logs), “scenarios,” alerts, and instant mission summaries to accelerate deployment and reduce unit costsTeam & culture: hiring for speed, humility, and learning in a field moving weekly
    Chapter guide (timestamps)

    00:00 First operator-to-founder return: Joe’s path (engineer → Atlassian → Eucalyptus → Alloy)

    02:00 Maker roots: coding tutorials at 12, early internet leverage

    03:30 Many small businesses → the “one-thing, 10–20 years” decision

    08:30 Why now for robotics: cost curves + reusable rockets as mindset shift

    10:45 Vertical farming post-mortems: unit economics, reliability, scale errors

    13:40 Reliability is everything: from 99% to 99.999% in the physical world

    15:45 The data firehose: GB/min, multimodal chaos, and missing tooling

    18:40 Operator-to-robot ratio as the core unit economic lever

    21:10 Selling into robotics: design partners, security, and data heterogeneity

    23:15 Common data primitives (perception, time series, logs) + ROS-driven formats

    24:30 Why LLMs aren’t enough: context-window limits & multimodal encoding

    27:00 Alloy’s product: natural-language search, similarity, “scenarios,” real-time alerts

    28:50 Instant mission summaries vs. days of manual analysis

    29:30 Edge AI tailwinds: Jetson class hardware, cheaper sensors (LiDAR/IMUs)

    30:30 VLAs explained: from perception → plan → act (and why smoothness matters)

    32:10 The pace of change: weekly breakthroughs, staying on the frontier

    33:40 Distribution & adoption: enterprise first; consumer follows reliability

    35:40 Safety and necessity: underwater, heavy industry, logistics

    37:15 Autonomy acceptance: the “first Waymo ride” unlock

    43:00 Ideal customers: high throughput, real deployments, cloud telemetry

    44:50 ICP discovery playbook: questions that qualify real readiness

    45:50 Team design: missionary talent, humility > hubris, learn-fast culture

    46:40 Macro lens: robotics as a deflationary lever & company formation boom

    48:00 Jobs & leverage: from decoding info → higher-order coordination

    50:05 The Alloy analogy: the coal-shoveler that keeps the engine running

  • You don't have to be the founder to build the future.

    When Andrea Quinn made the leap from fashion merchandising to tech, she didn't start a company. She joined one. Today, she's VP of Go-To-Market Operations at Halter, New Zealand's newest unicorn, which just raised $155 million at a $1.55 billion valuation.

    Not every path into building the future looks like a founder origin story. Some of the most crucial work happens when you join the right company at the right moment and help turn ambition into execution. Andrea's doing exactly that - scaling the GTM motion as Halter accelerates across Australia and the United States.In this episode, Blackbird Partner Sam Wong sits down with Andrea to explore how operators translate skills across industries and build the engines that power billion-dollar companies. From her Commercial Equation framework to practical AI applications in sales, Andrea breaks down what it actually takes to scale a startup from the inside.

    This episode is for: founders building GTM, operators inheriting messy funnels, and anyone wondering if they need to start a company to build the future.

    Because the answer is no. Sometimes the most valuable thing you can do is join the rocket ship and help build the engine.

  • When storytelling meets startup energy, magic happens.

    In this week’s episode, Xavier Collins, co-founder of Wonder, joins Mason to explore how technology is tearing down the old gates of Hollywood, and what happens when anyone, anywhere, can tell stories that move the world.

    Backed by Blackbird and LocalGlobe, Wonder is building an AI-native creative studio reimagining how films are made, who gets to make them, and what “production” even means. Xavier shares how AI can help the 90% of scripts that never get made finally see the light of day - from resurrecting forgotten footage to helping bold new voices get their first break.

    We dive into instinct versus analytics, courage versus consensus, and the scrappy startup mindset redefining creative industries. It’s a story about belief, innovation, and the people daring to create what others think impossible.

    This episode is for anyone who’s ever had a story they’ve wanted to tell, a dream they’ve wanted to build, or an idea they’ve been told was too crazy to work.

    Because when content becomes infinite, the only thing that matters is the quality of the story - and your story might just be next.

  • When Michelle Battersby launched Sunroom, she set out to change the game for women creators, building a platform where they could earn freely, safely, and on their own terms. Five years, three funding rounds and one pandemic later, she did just that. Thousands of creators made life-changing income, and Sunroom was acquired by Fanfix.

    From the emotional weight of leadership to the surprising financial realities of building something from scratch, Michelle shares the unfiltered truths of the founder journey - the highs, the hard parts, and the freedom that comes with letting go. Maddy Guest, from Blackbird’s investment team and host of the finance podcast So Invested, joins Michelle to unpack what those lessons teach us about resilience, risk, and redefining success.

    This is a story about ambition and endurance — and the lessons that only reveal themselves when you decide to climb.

  • When Lucy Liu co-founded Airwallex in 2015, she was flying around the world opening bank accounts in person and carrying bags of security tokens. Global businesses are digital. But finance was stuck in the past.

    For three years, Airwallex burned money building invisible infrastructure no one believed in yet. Her co-founder drew a â€œreally ugly unicorn” on a whiteboard predicting ten-times growth when they had zero revenue. Everyone laughed - but beneath the laughter was a serious undertone that they were onto something big. Something that would be game changing. So they kept building.

    That bet on infrastructure became one of the fastest-growing fintechs in the world, now moving $200 billion annually and adding $100 million in recurring revenue every quarter.

    In this episode, Lucy shares why building two products simultaneously defied conventional startup wisdom, how hiring for intellectual curiosity beats credentials, and what it means to scale from zero to 1,800 people without losing speed. She also reflects on the power of ambitious predictions, staying simple at massive scale, and why resilience matters more than perfection.

  • Procreate co-founder James Cuda has spent more than a decade obsessing over one thing: the brushstroke. From hacking the iPad 1 to run at 60fps, to turning a side project into the world’s leading creative app, James has built Procreate on a radical philosophy: simplicity, permanence, and creative freedom above all else.

    In this episode of Wild Hearts, James joins Mason to share why the company never took VC money, how “flow state” shapes everything from product design to team culture, and what it really takes to scale without losing soul. They also dive deep into generative AI, ethical data, and why Procreate’s biggest unfair advantage may simply be staying small and Tasmanian.

    James also reflects on the tension between addition and reduction, the power of jam sessions, and why listening to the “little voice” is the artist’s greatest superpower.

    Time Stamps

    00:00 – Intro

    02:05 – Why brushstrokes were the starting point

    05:10 – The art of subtraction: keeping flow while adding features

    07:50 – Permanence as a product philosophy

    09:36 – From “an amazing piece of shit” to a world-class creative tool

    12:11 – How Procreate’s archetype grew from amateurs to architects

    15:01 – Listening to users without losing the soul

    17:31 – Scaling creativity and protecting flow inside the team

    19:51 – Jam sessions, “holy shit” moments, and making ideas real

    23:31 – James’ strong stance on generative AI and ethical data

    34:51 – Authenticity over slogans: building trust with artists

    37:21 – Bringing artists together, online and offline

    39:06 – Staying independent: why Procreate never took VC

    44:01 – Simplicity vs. optionality in future workflows

    46:39 – The advice James gives every artist: listen to the little voice

    48:26 – Outro