How to Survive a Bear Market in Web3

Webinar Details

Date: 18/05/2023

Host: David Ding, Business Innovation Advisor at Callaghan Innovation

Guest: Jerome Faury, Co-founder and CEO at Immersve

Video Length: 58:49

Summary

David Ding, Business Innovation Advisor hosts Jerome Faury, CEO of Immersve, as he talks through the critical aspects of navigating a market down-turn, from mental health, Adaptability Quotient, scorecards and SMART goals to Web3 accelerators in NZ, blockchain grants and raising capital.

Transcript

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[00:00:00] How to survive a bear market in Web3

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[00:00:31] Jerome opening remarks and introduction

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[00:04:16] Founder-CEO (Mental health, belief, fundamentals, AQ, Abroad)

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[00:11:57] Web3 Ecosystems

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[00:15:14] Web3 Accelerators

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[00:17:56] Blockchain Grants

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[00:19:29] Scorecards and SMART goals

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[00:22:10] Predictable Revenue

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[00:31:26] Raising Capital

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[00:39:03] People

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[00:40:58] Q & A Session

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[00:41:03] How do you ensure balance on your board and that it is in fact your vision steering the ship?

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[00:42:36] Have you found assigning C-suite roles to be an issue, especially when the founder may not fit those predefined archetypes?

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[00:46:02] What drew you overseas initially and what is lacking in the NZ environment?

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[00:48:11] What was it about your deck that resonated with early investors given that it's difficult to bridge the gap between the understanding of a local investor and technical innovation?

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[00:53:10] What is the vision of what your venture can become given the framework of your innovation doesn't necessarily require a bank as an intermediary?

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[00:57:00] How did you arrive at the 110 million figure for your revenue number?