
The latest news and views on global tech for early-stage founders and investors.
Presented two investors and operators, James Alexander & Hugh Stephens, Co-founders and Partners at Galileo Ventures – a leading seed VC in Australia.
In this episode we cover:
‘AI Model Month’ - Special coverage on the latest AI model announcements
Australia’s $1b investment into PsiQuantum
Relevance AI’s first customer opening
Shownotes:
Takeaways from GPT4o on James’s Substack: https://open.substack.com/pub/vcdownunder/p/towards-a-multi-agent-ai-future?r=3oy2g&utm_campaign=post&utm_medium=web
Interview with Relevance AI founder: https://open.spotify.com/episode/0htzbKGwlFR2su6gEk1eFX?si=15e186d70d284865
Subscribe on below for the next episode or signup below! More information and links: https://galileo.ventures/podcast
Find us on Twitter: https://twitter.com/galileovc
Find is on LinkedIn: https://www.linkedin.com/company/gali...
Follow the hosts on Twitter: @jamesfromsydney and @hughstephens
Please note that all content discussed and presented on this podcast is for informational purposes only and should not be taken as legal, business, tax or investment advice or used to evaluate any investment. Information presented here is not directed at any investors or potential investors in any Galileo Ventures fund.
Jun 1, 2024
41 min

In our first interview series we speak with Daniel Vassilev, Co-founder of Relevance AI.
Relevance AI is a leading platform to enable businesses to easily deploy and train an AI Workforce utilising a multi-agent architecture. The platform enables businesses to accomplish complex tasks on autopilot and monitor and manage their agents, enabling companies to 'Grow your business, not your headcount'.
In this interview we cover:
Daniel's builder background and hitting 1m users on his first app while in school
Founding story of Relevance AI – from vector embeddings to LLMs to agents, creating an AI workforce platform
Building performant and reliable multi-agent systems
Taking advantage on the fundamental shift in how we work
Live customer AI agent use-cases deployed today in Sales and Support
Why being horizontal will win
Shownotes:
Beyond Co-pilot: https://relevanceai.substack.com/p/beyond-co-pilot-scaling-with-an-ai
Anatomy of an AI agent: https://relevanceai.substack.com/p/the-anatomy-of-an-ai-agent
Galileo Ventures Podcast covers whats happening in tech Down Under and globally for early-stage founders and investors.
This episode is presented by James Alexander, Co-founder and Partner at Galileo Ventures.
Subscribe on below for the next episode or signup below!
https://galileo.ventures/podcast
Find us on Twitter: https://twitter.com/galileovc
Find is on LinkedIn: https://www.linkedin.com/company/18035745/admin/feed/posts/
Follow the hosts on Twitter: @jamesfromsydney and @hughstephens
Please note that all content discussed and presented on this podcast is for informational purposes only and should not be taken as legal, business, tax or investment advice or used to evaluate any investment. Information presented here is not directed at any investors or potential investors in any Galileo Ventures fund.
May 15, 2024
46 min

The latest news and views on global tech for early-stage founders and investors.
Presented two investors and operators, James Alexander & Hugh Stephens, Co-founders and Partners at Galileo Ventures – a leading seed VC in Australia.
In this episode we cover:
Australia’s newest tech unicorn
Canva’s US$1.6b secondary
Social apps: Shine bungled debut and Twitter or X’s traffic decline
Large scale AI training – Towards $1b AI training Run
Shownotes:
James Hamilton, Distinguished Engineer at Amazon on AI Training costs https://perspectives.mvdirona.com/2024/01/cidr-2024/
AFR: Australia has its first tech ‘unicorn’ in two years https://www.afr.com/technology/australia-has-its-first-tech-unicorn-in-two-years-20240314-p5fcbg
Social Media Today: No, X Isn’t Seeing All Time High Traffic https://www.socialmediatoday.com/news/no-x-formerly-twitter-isnt-seeing-all-time-high-traffic/712242/
Subscribe on below for the next episode:
Email | Twitter | LinkedIn
Follow the hosts on Twitter: @jamesfromsydney and @hughstephens
Please note that all content discussed and presented on this podcast is for informational purposes only and should not be taken as legal, business, tax or investment advice or used to evaluate any investment. Information presented here is not directed at any investors or potential investors in any Galileo Ventures fund.
Apr 17, 2024
52 min

The latest news and views on global tech for early-stage founders and investors.
Presented two investors and operators, James Alexander & Hugh Stephens, Co-founders and Partners at Galileo Ventures – a leading seed VC in Australia.
In this episode we cover:
Support ChatBots vs AirCanada Customers
NVIDIAs astonishing growth and CEO’s recent remarks
Investor alignment gone wrong with HostPlus and Employment Hero
Plus we’ll roast a deck!
Shownotes:
AFR Altium CEO Profile Link
Willy Wonka AI Generated Experience: Link
Nvidia Quarter Results: Link
StartupDaily Employment Hero vs Super: Link
ArsTechnica: Air Canada Chatbot Saga: Link
Roast My Deck Startup: Check out sincidium.com
Subscribe on below for the next episode or signup below:
More information and links: https://galileo.ventures/podcast
Find us on Twitter: https://twitter.com/galileovc
Find is on LinkedIn: https://www.linkedin.com/company/gali...
Follow the hosts on Twitter: @jamesfromsydney and @hughstephens
Please note that all content discussed and presented on this podcast is for informational purposes only and should not be taken as legal, business, tax or investment advice or used to evaluate any investment. Information presented here is not directed at any investors or potential investors in any Galileo Ventures fund.
Mar 7, 2024
1 hr 12 min

The latest news and views on global tech for early-stage founders and investors.
Presented two investors and operators, James Alexander & Hugh Stephens, Co-founders and Partners at Galileo Ventures – a leading seed VC in Australia.
In this episode we cover:
HuggingChat vs ChatGPT and Open Source AI
What is hot, and not, for VCs in 2024?
Sophisticated investors vs Gambling – should we change the threshold?
Interview with Sam Thorogood – Google Engineering Veteran and startup CTO on eng leadership and Polaris short course
Shownotes:
Register for Polaris Today: https://galileo.ventures/post/introducing-the-polaris-program
James’ LinkedIn post: https://bit.ly/3OyjScQ
AFR Exclusive Article: https://www.afr.com/policy/economy/labor-to-overhaul-sophisticated-investor-test-20231219-p5eseg
Venture capital companies place their bets on the next big hits for 2024 - The Australian https://www.theaustralian.com.au/business/technology/venture-capital-companies-place-their-bets-on-the-next-big-hits-for-2024/news-story/e30861082a296d1719dd8ebd62a42bf9
Hugging Face announcement VentureBeat: https://venturebeat.com/ai/hugging-face-launches-open-source-ai-assistant-maker-to-rival-openais-custom-gpts/
Subscribe on below for the next episode or signup below! More information and links: https://galileo.ventures/podcast
Find us on Twitter: https://twitter.com/galileovc
Find is on LinkedIn: https://www.linkedin.com/company/gali...
Follow the hosts on Twitter: @jamesfromsydney and @hughstephens
Please note that all content discussed and presented on this podcast is for informational purposes only and should not be taken as legal, business, tax or investment advice or used to evaluate any investment. Information presented here is not directed at any investors or potential investors in any Galileo Ventures fund.
Feb 9, 2024
52 min

The Christmas Special episode 🎄 for the round up on 2023 and predictions for 2024 in tech for early-stage founders and investors.
Presented by pre-seed VC Galileo Ventures co-founders and Partners, James & Hugh.
In this episode we cover:
AI Agents and Relevance AI’s $15m Series A
Taste test ChatGPT created cocktails
Roast My Deck! - We review a brain-interface startup
Our highlights of 2023 and our predictions for 2024
Shownotes:
Relevance AI TechCrunch article: https://techcrunch.com/2023/12/11/relevance-ais-low-code-platform-enables-businesses-to-build-ai-teams/
Relevance AI Blog -Beyond Co-Pilots: https://www.linkedin.com/pulse/beyond-co-pilot-scaling-ai-workforce-daniel-vassilev-th9hc%3FtrackingId=ev%252FVBpj1ROa%252BXOiHBhWd0Q%253D%253D/?trackingId=ev%2FVBpj1ROa%2BXOiHBhWd0Q%3D%3D
James Alexander’s Op Ed, The Future with AI Agents: https://galileo.ventures/post/the-future-with-agents
ChatGPT Inspired Cocktails: https://x.com/jamesfromsydney/status/1737578661971378374?s=20
Subscribe on below for the next episode or signup below! More information and links: https://galileo.ventures/podcast
Find us on Twitter: https://twitter.com/galileovc
Find is on LinkedIn: https://www.linkedin.com/company/gali...
Follow the hosts on Twitter: @jamesfromsydney and @hughstephens
Please note that all content discussed and presented on this podcast is for informational purposes only and should not be taken as legal, business, tax or investment advice or used to evaluate any investment. Information presented here is not directed at any investors or potential investors in any Galileo Ventures fund.
Dec 20, 2023
43 min

The latest news and views on global tech for (very) early-stage founders and investors.
Presented by pre-seed VC Galileo Ventures co-founders and Partners, James & Hugh.
In this episode we cover:
What can founders learn from SBF and FTX?
What does Open AI GPTs announcement mean for startups?
How to deal with valuation differences in AU and the USA?
We Roast an pre-seed AI deck (that we invested in!)
Shownotes:
Sequoia's SBF article (now deleted) https://web.archive.org/web/20221027181005/https://www.sequoiacap.com/article/sam-bankman-fried-spotlight/
TikTok of GPTs: https://www.tiktok.com/@kyssmhe/video/7299153086377889030
Subscribe on below for the next episode or signup below! More information and links: https://galileo.ventures/podcast
Find us on Twitter: https://twitter.com/galileovc
Find is on LinkedIn: https://www.linkedin.com/company/gali...
Follow the hosts on Twitter: @jamesfromsydney and @hughstephens
Please note that all content discussed and presented on this podcast is for informational purposes only and should not be taken as legal, business, tax or investment advice or used to evaluate any investment. Information presented here is not directed at any investors or potential investors in any Galileo Ventures fund.
Nov 23, 2023
42 min

The latest news and unfiltered views on global tech for early-stage founders and investors – from the perspective of 2 seed VCs.
Presented by Galileo Ventures co-founders and Partners, James & Hugh.
In this episode we cover:
Taking the pulse on UK and USA tech sectors
Merger Town: Me&U and Mr Yum
Galileo's new program for women founders
Roast a deck: Outread, AI research summarisation app
Shownotes:
Register for Jupiter: https://galileo.ventures/jupiter
Outread AI https://out-read.com/
Subscribe on below for the next episode or signup below! More information and links: https://galileo.ventures/podcast
Find us on Twitter: https://twitter.com/galileovc
Find is on LinkedIn: https://www.linkedin.com/company/gali...
Follow the hosts on Twitter: @jamesfromsydney and @hughstephens
Please note that all content discussed and presented on this podcast is for informational purposes only and should not be taken as legal, business, tax or investment advice or used to evaluate any investment. Information presented here is not directed at any investors or potential investors in any Galileo Ventures fund.
Oct 9, 2023
49 min

Welcome to the 3rd episode of the Galileo VC Podcast!
Galileo co-founders and Partners, Hugh Stephens and James Alexander, chat about the latest news and trends in global and local tech that matters for early-stage founders:
In this episode we cover
Sam Altman world tour (Melbourne)
Apple's latest hardware device - Vision Pro
Global startup funding, up or down?
Roast My Deck! We review 1 high-quality pitch deck
We answer your questions in our founder Q&A
Subscribe on below for the next episode or signup below!
More information and links: https://galileo.ventures/podcast
Find us on Twitter: https://twitter.com/galileovc
Fund is on LinkedIn: https://www.linkedin.com/company/gali...
Follow the hosts on Twitter: @jamesfromsydney and @hughstephens
Please note that all content discussed and presented on this podcast is for informational purposes only and should not be taken as legal, business, tax or investment advice or used to evaluate any investment. Information presented here is not directed at any investors or potential investors in any Galileo Ventures fund.
Show notes:
• Roast My Deck: CarbonHQ https://www.carbonhq.earth/
• Google Kills Augmented Reality Glasses - Business Insider
• VCs told to get real about their role in tech wreck - AFR
• Cut Through Venture Q1 Funding AU Report
• Pitchbook US Startup Funding June 2023 Report
Jul 4, 2023
58 min

GPT4, AGI, Roast My Deck, Mammoth Meatballs and Startup Funding News
Welcome to the 2nd episode of the Galileo VC Podcast!
This is a video enabled podcast. You can also watch on Spotify or check it out on YouTube here.
Galileo Ventures co-founders and Partners, Hugh Stephens and James Alexander, chat about the latest market trends covering our views on:
GPT4
Sparks of AGI including excerpt from GPT-4 Creator Ilya Sutskever
Lab-grown Mammoth meatballs from Vow
$661M in Startup funding in 2023
Roast My Deck – we react and roast 2 pre-seed startup pitch decksHow are we sifting through native AI vs fast-follow startups
Subscribe on Spotify/Apple Podcasts for the next episode or signup below!
Follow the hosts on Twitter: @jamesfromsydney and @hughstephens
Subscribe to Galileo Ventures Newsletter: https://galileo.ventures/signup
Find us on Twitter: https://twitter.com/galileovc
Fund is on LinkedIn: https://www.linkedin.com/company/galileovc/
Please note that all content discussed and presented on this podcast is for informational purposes only and should not be taken as legal, business, tax or investment advice or used to evaluate any investment. Information presented here is not directed at any investors or potential investors in any Galileo Ventures fund.
Show notes and links:
Startups roasted: Elephants Social Goals App https://www.elephantsapp.com/ & Stori LLMs for story telling https://www.stori.gg/
- Eye on AI with GPT-4 Creator Ilya Sutskever: https://youtu.be/SjhIlw3Iffs
- Sparks of AGI Paper: https://arxiv.org/abs/2303.12712
- Cut Through Venture Q1 Funding AU Report
- Beatbot.fm Thanks for the Galileo Ventures song!
Apr 13, 2023
1 hr 12 min
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