Billion Dollar Moves™ with Sarah Chen-Spellings | Global Venture Capital

Billion Dollar Moves™ with Sarah Chen-Spellings | Global Venture Capital

By Sarah Chen-SpellingsBusinessInvesting
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Billion Dollar Moves™ with Sarah Chen-Spellings | Global Venture Capital episodes

  • Inside the Trillion-Dollar Climate Industrial Revolution w/ Shawn Xu, Lowercarbon Capital

    The biggest industrial transformation of our lifetime is happening now and it’s not AI. It’s climate industrialism.

    Shawn Xu, Partner at Lowercarbon Capital (founded by Chris Sacca), discuss how Lowercarbon backs outlier founders, why “cheaper, better, faster” wins over green premiums, and where the biggest opportunities are emerging: energy, carbon removal, fusion, materials, resilience, and the AI-power bottleneck.

    If you’re an investor, founder, or operator ; or just tracking where smart money is moving- this episode is a must-watch.

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      Timestamps / Key Takeaways

      03:36 – The climate industrial revolution & “unfuck the planet”

      12:30 – AI, energy demand & the $500 billion program

      17:00 – From Silicon Valley kid to VC

      23:23 - Becoming a climate investor in a trillion dollar market 

      37:32 - “Greedy capitalist” & a Series A $900M fusion round

      44:54 - 40-Page memo, the biggest lessons on conviction

      57:41 - Q&A: The one “billion dollar move” takeaway

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      About Shawn Xu

      Shawn is a Partner at Lowercarbon Capital, focused on backing audacious founders building bold solutions to the climate crisis.

      An accomplished early-stage investor, he was previously a Partner at On Deck’s venture fund and accelerator, backing companies across 20+ countries and earning a founder NPS of 100. He also invested at Floodgate and First Round Capital’s Dorm Room Fund, was named to Forbes 30 Under 30 (Venture Capital), and has partnered with ~50 companies, helping founders go from zero to one—from ideation to product-market fit.


      Follow Shawn:

      https://lowercarbon.com/team/shawn-xu/


      Resources:

      Chris Sacca — How to Succeed by Living on Your Own Terms | Tim Ferriss

      https://www.youtube.com/watch?v=jIBo69EsAzw


      Chris Sacca Interview (Full Episode) | The Tim Ferriss Show

      https://www.youtube.com/watch?v=iqaXz2BPsfY


      Chris Sacca: Drifting Back to Real | Dialectic with Jackson Dahl

      https://www.youtube.com/watch?v=acwhhgGGdX8


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      Billion Dollar Moves Podcast | The Top Global VC Podcast for Founders & Funders | Backed by HubSpot Podcast Network

      In venture, every move can make—or break—a billion-dollar outcome. Hosted by Sarah Chen-Spellings, award-winning entrepreneur, investor, and venture insider, Billion Dollar Moves pulls back the curtain on the strategies, stumbles, and breakout moments that define the world’s most iconic companies.

      From boardroom power plays to investor backchannels, you’ll hear the untold stories behind iconic companies like YouTube, Canva, and Vimeo, and go inside the minds of those moving capital at firms like Sequoia, Lightspeed, and beyond.

      Whether you're chasing your first $10M—or your next billion—this show is your front-row seat to how the smartest founders and funders win. Think raw, unfiltered, no-BS insight—designed to help you move faster, smarter, and bolder.

      This isn’t just another business podcast. This is your billion-dollar playbook.


      PODCAST INFO:

      Podcast Website | Watch on Youtube | Join the Community


      FOLLOW SARAH:

      LinkedIn | Instagram | X/Twitter

      1 hr 4 min
    • [BITE] Inside the LP Mindset: What’s Really Moving Private Markets w/ Joel Sandhu, Investors Capital

      In this Billion Dollar Bite, Joel Sandhu (Co-Founder of Top-Tier Access; Partner at Investors Capital) breaks down the forces reshaping private markets. 


      From the great normalization post-2021, to how LPs actually underwrite managers, to why family offices are rewriting their approach to access and alignment. We unpack the real liquidity picture, the rise of GP-led secondaries, and why the “elastic mid-market” may be the most compelling place to generate outsized returns in the decade ahead. 


      If you’re a GP, LP, or allocator navigating this cycle, this is a must-listen.


      Watch the full episode here:

      https://billiondollarmoves.com/podcast-episode/from-family-offices-to-private-equity-power-plays-w-joel-sandhu-top-tier-access/


      Timestamps / Key Takeaways

      0:00 - Intro

      01:40 - Key Takeaway #1: The market reset & picking managers

      11:09 - SCS’s takeaway: Underwriting & selection is KEY

      12:48 - Key Takeaway #2: The Family Office advantage & why they need a new model

      18:18 - Key Takeaway #3: The future of venture, secondaries & the “elastic” mid-market

      28:48 - Closing remarks


      About Joel Sandhu

      Joel is co-founder and Partner at Investors Capital, a Riyadh-based fund of funds. With an investment strategy primarily focused on buyout, the platform offers investors across the globe access to top decile funds that is well-diversified.


      Prior to this, Joel co-founded TTA, a Brussels based fund of funds in Private Equity. TTA brings institutional grade PE to the family office and HNWI segment.   


      FOLLOW JOEL: 

      https://www.linkedin.com/in/joelsandhu/ 


      -

      Billion Dollar Moves Podcast | The Top Global VC Podcast for Founders & Funders | Backed by HubSpot Podcast Network


      In venture, every move can make—or break—a billion-dollar outcome. Hosted by Sarah Chen-Spellings, award-winning entrepreneur, investor, and venture insider, Billion Dollar Moves pulls back the curtain on the strategies, stumbles, and breakout moments that define the world’s most iconic companies.

      From boardroom power plays to investor backchannels, you’ll hear the untold stories behind iconic companies like YouTube, Canva, and Vimeo, and go inside the minds of those moving capital at firms like Sequoia, Lightspeed, and beyond.


      Whether you're chasing your first $10M—or your next billion—this show is your front-row seat to how the smartest founders and funders win. Think raw, unfiltered, no-BS insight—designed to help you move faster, smarter, and bolder.


      This isn’t just another business podcast. This is your billion-dollar playbook.


      PODCAST INFO:

      Podcast Website | Watch on Youtube | Join the Community


      FOLLOW SARAH:

      LinkedIn | Instagram | X/Twitter


      32 min
    • Future-Proofing Portfolios w/ Chris Rynning (AMYP Ventures) & Anulika Malomo (HarbourVest Global Private Equity)

      In this episode, we sit down with Chris Rynning (AMYP Ventures; Piëch/Porsche family office) and Anulika Malomo (HarbourVest & impact advisor) to unpack what it really takes to future-proof portfolios in 2025 and beyond.

      From AI’s existential risks to global liquidity crunches, China’s DeepSeek shock, secondaries, midstream renewable opportunities, and the rise of long-term family office strategies — this conversation cuts through hype and surfaces where capital and opportunity are truly misaligned.
      If you’re an LP, GP, family office, or allocator thinking long-term, this is a must-listen.


      Timestamps / Key Takeaways

      0:00 - Intro: A modern Piëch/Porsche family office and PE global investment lens

      04:26 - Why future-proofing portfolios matters in 2025 and beyond 

      09:14 - How LPs and family offices are navigating liquidity crunch: Secondaries, IPO freeze & new exit pathways and timeframe

      16:49 - Capital vs. Opportunity: Where the biggest disconnects lie

      21:07 - Impact vs. Harm (e.g., the crypto-climate paradox)

      24:14 - Practical guide on how to allocate capital while “future-proofing” 

      26:37 - Are we optimistic? The Next-Gen & AI dilemma

      28:19 - Q&A: What they’re NOT investing in?


      Panelists:

      Chris Rynning, Managing Partner, AMYP Ventures
      Anulika Malomo, Non-Executive Director, HarbourVest Global Private Equity

      Hosted by:

      Sarah Chen-Spellings, Co-Founder & Managing Partner, Beyond The Billion


      -


      Billion Dollar Moves Podcast | The Top Global VC Podcast for Founders & Funders | Backed by HubSpot Podcast Network


      In venture, every move can make—or break—a billion-dollar outcome. Hosted by Sarah Chen-Spellings, award-winning entrepreneur, investor, and venture insider, Billion Dollar Moves pulls back the curtain on the strategies, stumbles, and breakout moments that define the world’s most iconic companies.

      From boardroom power plays to investor backchannels, you’ll hear the untold stories behind iconic companies like YouTube, Canva, and Vimeo, and go inside the minds of those moving capital at firms like Sequoia, Lightspeed, and beyond.


      Whether you're chasing your first $10M—or your next billion—this show is your front-row seat to how the smartest founders and funders win. Think raw, unfiltered, no-BS insight—designed to help you move faster, smarter, and bolder.


      This isn’t just another business podcast. This is your billion-dollar playbook.


      PODCAST INFO:

      Podcast Website | Watch on Youtube | Join the Community


      FOLLOW SARAH:

      LinkedIn | Instagram | X/Twitter

      36 min
    • Betting on Yourself: How Anne Mahlum Built a $100M Empire

      From a North Dakota childhood shaped by reinvention to a $100M exit and a $35M investing run, Anne Mahlum’s story is a masterclass in conviction, resilience, and ownership.

      In this powerful episode, the founder of Back on My Feet and solidcore pulls back the curtain on the defining moments that shaped her rise. In this episode, you’ll learn:

      • The unconventional decisions that shaped Anne’s rise
      • What conviction looks like when the stakes are high
      • Lessons from scaling solidcore far beyond virality
      • How to turn adversity into fuel — not fear
      • The ownership mindset every founder, investor, and leader needs to hear
      • Whether you’re a founder, operator, or investor, Anne's philosophy is a blueprint for betting on yourself — loudly, unapologetically, and with full skin in the game.


        Before we dive in, a special thank you to our episode sponsor, ⁠Newton Street⁠ — a women-led strategic communications firm that brings people and ideas together to change the world. They advise global health organizations, philanthropies, family offices, high-profile leaders, social impact groups, and forward-looking companies tackling some of the most complex issues of our time. Their work sits at the intersection of influence and impact — and we’re proud to have them support this episode.


        Timestamps / Key Takeaways

        0:00 - Intro

        01:42 - North Dakota beginnings and how her father’s gambling addiction shaped her drive

        03:40 - From running to purpose: The birth of Back on My Feet

        05:51 - Reinvention & “This is my next thing” — solidcore

        09:09 - “I went all in”: turning down the $75K offer & fighting against lawsuits while scaling

        12:49 - Bootstrapping to 25 studios; the first PE deal with nearly $60M valuation

        15:24 - “I wanted $100M and I did it,” — the exit from solidcore

        18:43 - Growing $35M from the $100M; Anne’s investment playbook

        23:03 - Billion Dollar Questions with Anne Mahlum

        25:37 - Recap: conviction, ownership, and leadership that lasts


        About Anne Mahlum

        Anne Mahlum is an American entrepreneur, philanthropist, and keynote speaker. She founded Back on My Feet in 2007 — a nonprofit that uses running and community to help individuals experiencing homelessness achieve self-sufficiency. 

        In 2013, she launched solidcore, a boutique fitness company; she bootstrapped it with her life savings (~US$175,000), scaled it to over 100+ studios, raised more than US$200 million, and eventually sold her shares in 2023. 

        A self-made entrepreneur with a net worth exceeding US$100 million, Anne is now focused on investing, advisory work, writing, and speaking on leadership, boldness, and social change.


        FOLLOW ANNE:

        https://www.instagram.com/annemahlum

        https://www.linkedin.com/in/anne-mahlum

        https://x.com/AnneMahlum


        -


        Billion Dollar Moves Podcast | The Top Global VC Podcast for Founders & Funders | Backed by HubSpot Podcast Network


        In venture, every move can make—or break—a billion-dollar outcome. Hosted by Sarah Chen-Spellings, award-winning entrepreneur, investor, and venture insider, Billion Dollar Moves pulls back the curtain on the strategies, stumbles, and breakout moments that define the world’s most iconic companies.

        From boardroom power plays to investor backchannels, you’ll hear the untold stories behind iconic companies like YouTube, Canva, and Vimeo, and go inside the minds of those moving capital at firms like Sequoia, Lightspeed, and beyond.


        Whether you're chasing your first $10M—or your next billion—this show is your front-row seat to how the smartest founders and funders win. Think raw, unfiltered, no-BS insight—designed to help you move faster, smarter, and bolder.


        This isn’t just another business podcast. This is your billion-dollar playbook.


        PODCAST INFO:

        Podcast Website | Watch on Youtube | Join the Community


        FOLLOW SARAH:

        LinkedIn | Instagram | X/Twitter

        31 min
      • Inside India’s $1 Trillion Venture Revolution w/ Kalaari Capital, General Catalyst, DM Gupta & Lightspeed India

        India’s venture ecosystem is at a turning point — and women are leading the charge. In this powerful conversation recorded live in Bangalore, we brought together four trailblazers shaping the future of innovation and capital: Vani Kola (Managing Director, Kalaari Capital), Priya Mohan (Former Partner, General Catalyst), Aarti Gupta (CIO, Family Office DM Gupta & Anikarth Ventures), and Shuvi Shrivastava (Partner, Lightspeed India). 


        Together, we unpack how India’s venture model must evolve, what democratizing opportunity truly means, and how the rise of women investors and family offices is reshaping where the next billion dollars will go.


        Timestamps / Key Takeaways

        0:00 - Intro

        01:35 - Priya Mohan: India’s unique evolution and democratizing opportunities

        05:01 - Vani Kola: Reflections on being an outlier and building Kalaari Capital

        12:45 - Aarti Gupta: Inside India’s $1 trillion wealth moment as family offices

        17:27 - Shruvi Shrivastava: India’s tech evolution, premiumization, and inclusion

        21:49 - Rethinking the venture model; the General Catalyst–Venture Highway merger 

        24:44 - The power of smaller funds; lessons from Silicon Valley’s evolution

        30:15 - Final takeaways


        Panelists:

        Dr. Aarti Gupta

        CIO, Family Office DM Gupta & Anikarth Ventures 


        Shuvi Shrivastava

        Partner, Lightspeed India


        Vani Kola

        Founder & Managing Director, Kalaari Capital


        Priya Mohan

        Former Partner, General Catalyst


        Hosted by:

        Sarah Chen-Spellings

        Co-Founder & Managing Partner, Beyond The Billion


        Full Recap:

        https://beyondthebillion.com/the-billion-dollar-brunch-dell-bangalore-2024/


        -


        Billion Dollar Moves Podcast | The Top Global VC Podcast for Founders & Funders | Backed by HubSpot Podcast Network


        In venture, every move can make—or break—a billion-dollar outcome. Hosted by Sarah Chen-Spellings, award-winning entrepreneur, investor, and venture insider, Billion Dollar Moves pulls back the curtain on the strategies, stumbles, and breakout moments that define the world’s most iconic companies.

        From boardroom power plays to investor backchannels, you’ll hear the untold stories behind iconic companies like YouTube, Canva, and Vimeo, and go inside the minds of those moving capital at firms like Sequoia, Lightspeed, and beyond.


        Whether you're chasing your first $10M—or your next billion—this show is your front-row seat to how the smartest founders and funders win. Think raw, unfiltered, no-BS insight—designed to help you move faster, smarter, and bolder.


        This isn’t just another business podcast. This is your billion-dollar playbook.


        PODCAST INFO:

        Podcast Website | Watch on Youtube | Join the Community


        FOLLOW SARAH:

        LinkedIn | Instagram | X/Twitter

        35 min
      • Rebuilt From Rejection Into a Billion-Dollar Model w/ Michael Loeb

        Fired at 36 from his dream job at Time Inc., Michael Loeb turned rejection into the billion-dollar spark behind Synapse and Priceline.com. 


        A true serial entrepreneur, Michael shares how he reinvented industries—from magazine subscriptions to online travel to healthcare—and why he believes the entrepreneurial gene shows up long before the first startup pitch.


        In this week's episode, we unpack the mind of a founder who built and sold multiple ventures, now running Loeb.nyc, a venture collective redefining how startups are scaled. 


        Packed with wisdom on resilience, reinvention, and legacy, this episode is a masterclass in building with capital and conviction you won't want to miss!


        Timestamps/Key Takeaways

        0:00 - Intro

        01:48 - From Firing to Fortune: Turning a corporate setback into an $800 million exit

        05:12 - The Entrepreneurial Gene: Why the lemonade stand still predicts success

        09:30 - Synapse to Priceline: Inside one of the internet’s most iconic startups

        12:03 - Betting on Healthcare Before GoodRx: How ScriptRelief scaled to millions

        14:39 - Reinventing the Model: Building The Loeb.nyc — a venture collective under one roof

        17:44 - Legacy & Family: Raising entrepreneurs and building impact that lasts

        20:23 - Billion Dollar Questions


        About Michael Loeb

        Michael Loeb is a serial entrepreneur and the founder and CEO of Loeb.nyc.

        After starting his career at Time, Inc., Michael co-founded the Synapse Group with then partner, Jay Walker. Under Michael’s direction, Synapse grew to become the largest seller of consumer magazine subscriptions worldwide, with its revolutionary and patented Continuous Service Model. Michael and Jay went on to form and incubate Priceline.com together at Synapse, leveraging a shared team of operators and capital.
        When Synapse Group was sold to Time Warner in 2006, Michael formed Loeb Enterprises with partner, Rich Vogel to ideate and develop new business concepts. The largest of those ventures was ScriptRelief, a pharmacy discount provider that has a membership in excess of 12 million Americans.
        In 2019, Loeb Enterprises rebranded to Loeb.nyc and boasts a portfolio of over 18 direct investments, most of which execute from Loeb.nyc headquarters in Manhattan. Under Michael’s visionary leadership, Loeb.nyc has established a new model for startup investments. By pairing exceptional strategic and executional talent with passionate founders, Loeb.nyc significantly de-risks startup launches.
        Michael sits on the board of several non-profit organizations and is an avid philanthropist. He currently resides in New York City with his wife and children.


        Follow Michael:

        LinkedIn

        https://www.loeb.nyc/


        -


        Billion Dollar Moves Podcast | The Top Global VC Podcast for Founders & Funders | Backed by HubSpot Podcast Network


        In venture, every move can make—or break—a billion-dollar outcome. Hosted by Sarah Chen-Spellings, award-winning entrepreneur, investor, and venture insider, Billion Dollar Moves pulls back the curtain on the strategies, stumbles, and breakout moments that define the world’s most iconic companies.

        From boardroom power plays to investor backchannels, you’ll hear the untold stories behind iconic companies like YouTube, Canva, and Vimeo, and go inside the minds of those moving capital at firms like Sequoia, Lightspeed, and beyond.


        Whether you're chasing your first $10M—or your next billion—this show is your front-row seat to how the smartest founders and funders win. Think raw, unfiltered, no-BS insight—designed to help you move faster, smarter, and bolder.


        This isn’t just another business podcast. This is your billion-dollar playbook.


        PODCAST INFO:

        Podcast Website | Watch on Youtube | Join the Community


        FOLLOW SARAH:

        LinkedIn | Instagram | X/Twitter

        26 min
      • Redefining Wealth, Power, & Impact: Lessons in Leadership and Legacy w/ Sarah Chen-Spellings

        When you build beyond yourself — what does legacy really look like?

        In this special crossover episode, our own host Sarah Chen-Spellings joins The Jasmine Star Show for a candid conversation on leadership, investing, and the power of women building boldly.


        From cutting million-dollar checks in her 20s to co-founding Beyond The Billion, Sarah shares how she turned a question “Where are the women?”, into a global movement mobilizing over $1.4 billion towards women-founded companies.


        Tune in to hear how to think bigger, do hard things, and build for generations.


        Timestamps/Key Takeaways

        0:00 - Intro

        02:09 - From Instagram DM to real-life connection

        05:36 - How Sarah’s mother inspired her journey from Kuala Lumpur to boardrooms and billion-dollar funds

        13:20 - Becoming an “accidental feminist” in venture capital: Lean In Malaysia & Beyond The Billion (launched as Billion Dollar Fund for Women)

        17:11 - Moving to the U.S., and starting over without a network

        20:47 - From volunteer to co-founding Beyond The Billion

        23:59 - Hitting the $1B goal in nine months & the updated impact numbers

        29:25 - Funding 101: How founders should think about capital

        35:16 - How the business of venture capital works

        37:25 - How to sell your dream to investors: Sarah’s 3-step framework to pitch with conviction

        42:07 - Challenge yourself to do the hard things


        Watch the original episode here


        About Jasmine Star

        A world-class speaker, thought leader, podcast host, CEO, and entrepreneur dedicated to helping you reach your fullest potential -

        After getting her start in the entrepreneurial world as an internationally recognized wedding photographer, Jasmine became a speaker and business strategist for creative entrepreneurs - and spent almost a decade helping business owners across the world take risks and live their lives to the fullest. 

        Jasmine then went on to found tech company Social Curator: a monthly subscription that serves as a digital marketing agency in your pocket, complete with an A.I. social media manager providing customized marketing content.

        As a top podcast host and keynote speaker, her goal is simple: to empower you to change the way you approach your professional and personal ambitions. Her approach is rooted in the desire to help you build the future you want and help you see your own potential - regardless of whatever stands in your way.


        Follow Jasmine:

        https://www.instagram.com/jasminestar/

        https://www.youtube.com/@officialjasminestar

        https://podcasts.apple.com/us/podcast/the-jasmine-star-show/

        https://www.linkedin.com/in/jasmine-star/


        -


        Billion Dollar Moves Podcast | The Top Global VC Podcast for Founders & Funders | Backed by HubSpot Podcast Network


        In venture, every move can make—or break—a billion-dollar outcome. Hosted by Sarah Chen-Spellings, award-winning entrepreneur, investor, and venture insider, Billion Dollar Moves pulls back the curtain on the strategies, stumbles, and breakout moments that define the world’s most iconic companies.

        From boardroom power plays to investor backchannels, you’ll hear the untold stories behind iconic companies like YouTube, Canva, and Vimeo, and go inside the minds of those moving capital at firms like Sequoia, Lightspeed, and beyond.


        Whether you're chasing your first $10M—or your next billion—this show is your front-row seat to how the smartest founders and funders win. Think raw, unfiltered, no-BS insight—designed to help you move faster, smarter, and bolder.


        This isn’t just another business podcast. This is your billion-dollar playbook.


        PODCAST INFO:

        Podcast Website | Watch on Youtube | Join the Community


        FOLLOW SARAH:

        LinkedIn | Instagram | X/Twitter

        49 min
      • Alpha’s New Timeline: Rethinking Alternatives with Family Offices

        The rules of private market investing are shifting; and so is the timeline for generating alpha.

        In this conversation from Arctic15 LP Summit earlier this year, leading allocators Selale Zaim (third-generation family business leader and venture investor) and Kim Groop (Co-Founder, First Fellow Partners) joined us to unpack how family offices and institutions are rethinking their playbooks.

        From compressed market cycles and delayed liquidity to the rise of co-investments, secondaries, and specialized family offices, we dive into how investors are navigating volatility, reshaping allocation strategies, and re-defining what it means to create long-term value.

        A must-listen for LPs, GPs, and founders who want to stay ahead in an increasingly dynamic private markets landscape.

        TIMESTAMPS / KEY TAKEAWAYS

        0:00 - Intro

        01:56 - Meet the Investors: From Family Conglomerates to Founder-Led Funds

        04:43 - Returns, compression, and the shifting VC cycle

        07:10 - Why family offices are splitting and specializing

        09:06 - One unicorn in every 10 investments: Founder-first approach to investing

        11:04 - Cracking the code on direct investments and avoiding negative selection

        13:24 - Liquidity engineering: co-investments, secondaries, and partial exits

        17:20 - Finland’s ecosystem and the rise of homegrown unicorns

        18:42 - Cross-border collaboration among family offices

        21:52 - Lessons learned: family business vs. financial returns

        24:05 - AI and the new investment frontiers

        26:57 - Audience Q&A; final takeaways


        Panelists:

        Kim Groop, Co-Founder & Managing Partner at First Fellow Partners


        Selale Zaim, Board Member at Inci Holding & Head of Investment Committee at Vinci Venture Capital


        Hosted by:

        Sarah Chen-Spellings, Co-Founder & Managing Partner, Beyond The Billion


        -


        Billion Dollar Moves Podcast | The Top Global VC Podcast for Founders & Funders | Backed by HubSpot Podcast Network


        In venture, every move can make—or break—a billion-dollar outcome. Hosted by Sarah Chen-Spellings, award-winning entrepreneur, investor, and venture insider, Billion Dollar Moves pulls back the curtain on the strategies, stumbles, and breakout moments that define the world’s most iconic companies.

        From boardroom power plays to investor backchannels, you’ll hear the untold stories behind iconic companies like YouTube, Canva, and Vimeo, and go inside the minds of those moving capital at firms like Sequoia, Lightspeed, and beyond.


        Whether you're chasing your first $10M—or your next billion—this show is your front-row seat to how the smartest founders and funders win. Think raw, unfiltered, no-BS insight—designed to help you move faster, smarter, and bolder.


        This isn’t just another business podcast. This is your billion-dollar playbook.


        PODCAST INFO:

        Podcast Website | Watch on Youtube | Join the Community


        FOLLOW SARAH:

        LinkedIn | Instagram | X/Twitter

        32 min
      • Inside the Fund Fueling Aussie Unicorns: Canva, SafetyCulture, and Culture Amp w/ Rick Baker, Blackbird VC

        What does it take to build a billion-dollar fund from Australia — and back global unicorns like Canva, SafetyCulture, and Culture Amp?


        In this episode, we sit down with Rick Baker, Co-Founder of Blackbird VC, to unpack the journey from 530 investor rejections to becoming one of the most successful venture firms in the Southern Hemisphere.


        Rick shares the real stories behind meeting and backing Canva’s Melanie Perkins, scaling a multi-generational VC franchise, and why storytelling and diversity are key to building enduring funds. This is a masterclass on conviction, culture, and capital.


        Timestamps / Key Takeaways

        00:00 Intro

        02:01 The early days of Australia’s startup scene: Atlassian & the incoming of US VC firms: Sequoia, Accel, Benchmark, a16z and more.
        05:27 From founder to investor: lessons from two failed startups
        07:28 How 530 meetings led to Blackbird’s first $29M fund
        11:02 The first Canva meeting and what convinced Rick to invest in Melanie Perkins
        15:01 Luck vs pattern recognition; turning a $29M fund into 40x returns
        17:43 Why funds should last longer than 10 years
        19:39 Building a multi-generational VC franchise
        21:22 Inside Blackbird’s blind hiring and bias-free investing
        24:41 The future of AI and deep tech in Australia

        29:02 The thesis of Blackbird VC and portfolio construction

        32:00 Lessons from the Kiki incident: investing and accountability
        35:13 Gender-lens investing, transparency, and joining Beyond The Billion’s pledge
        43:02 “Would you have built Blackbird differently?”
        44:25 Billion Dollar Questions


        About Rick Baker

        Rick Baker is a co-founder of Blackbird Ventures, a venture capital firm focussed on investing in the best global tech startups being formed in Australia. Rick has led the firm’s investments such as Canva, SafetyCulture, Baraja, Gilmour Space and Ovira. Prior to Blackbird, Rick ran MLC’s venture capital portfolio with investments of over half a billion dollars. Prior to MLC, Rick co-founded two successful software companies: IDC Global and Right Party Connect. Blackbird partners with founders at the very beginning and surrounds them with a community of other founders who have built successful technology companies before. The firm was founded in 2012 and currently manages $1.3 billion dollars.


        Follow Rick:







        -


        Billion Dollar Moves Podcast | The Top Global VC Podcast for Founders & Funders | Backed by HubSpot Podcast Network


        In venture, every move can make—or break—a billion-dollar outcome. Hosted by Sarah Chen-Spellings, award-winning entrepreneur, investor, and venture insider, Billion Dollar Moves pulls back the curtain on the strategies, stumbles, and breakout moments that define the world’s most iconic companies.

        From boardroom power plays to investor backchannels, you’ll hear the untold stories behind iconic companies like YouTube, Canva, and Vimeo, and go inside the minds of those moving capital at firms like Sequoia, Lightspeed, and beyond.


        Whether you're chasing your first $10M—or your next billion—this show is your front-row seat to how the smartest founders and funders win. Think raw, unfiltered, no-BS insight—designed to help you move faster, smarter, and bolder.


        This isn’t just another business podcast. This is your billion-dollar playbook.


        PODCAST INFO:

        Podcast Website | Watch on Youtube | Join the Community


        FOLLOW SARAH:

        LinkedIn | Instagram | X/Twitter

        49 min
      • Catalytic Capital for Climate: Rules for the Next Economy

        With record outflows from ESG funds and rising political scrutiny, the climate investing conversation is shifting dramatically. In this episode, we sit with Anna Herlin (KONE Family, Tiina and Antti Herlin Foundation) and Dr. Krista Halttunen (Halton Ventures) — two next-generation family office leaders driving sustainable innovation in the built environment.


        We asked: what comes next at the intersection of climate tech, venture capital, and LP strategies? Together, they unpack what it means to deploy patient and catalytic capital in an era of ESG fatigue; from decarbonizing steel and transforming HVAC systems to building data-driven frameworks that measure planetary boundaries.


        As allocators face rising pressure to balance returns, reputation, and regulation, this candid conversation explores how to future-proof portfolios and redefine value in the next economy.


        TIMESTAMPS / KEY TAKEAWAYS

        00:00 – Intro

        02:23 – ESG backlash and geopolitical landscape
        05:25 – Where the capital is flowing now
        08:20 – Efficiency as the new climate strategy
        11:24 – Systems change vs. incremental innovation
        14:12 – Building the Planetary Boundaries framework; beyond box-ticking and science-based investing
        18:38 – How to spot Greenwashing & find true additionality
        22:22 – Defining “Catalytic Capital for the New Economy”
        25:55 – AI and Energy
        28:19 – Hardware renaissance: Clean Energy, Green Steel & HVAC; “The Future Is Circular”
        32:04 – Audience Q&A
        37:06 – Where should Family Offices start in climate investments?


        Panelists:

        Anna Herlin, Board Member at TAH Foundation & Vice Chair at Security Trading

        Krista Halttunen, CEO of Halton Ventures


        Hosted by: 

        Sarah Chen-Spellings, Co-Founder & Managing Partner at Beyond The Billion


        Video Credit: Arctic15 LP Summit 2025


        -


        Billion Dollar Moves Podcast | The Top Global VC Podcast for Founders & Funders | Backed by HubSpot Podcast Network

        In venture, every move can make—or break—a billion-dollar outcome. Hosted by Sarah Chen-Spellings, award-winning entrepreneur, investor, and venture insider, Billion Dollar Moves pulls back the curtain on the strategies, stumbles, and breakout moments that define the world’s most iconic companies.

        From boardroom power plays to investor backchannels, you’ll hear the untold stories behind iconic companies like YouTube, Canva, and Vimeo, and go inside the minds of those moving capital at firms like Sequoia, Lightspeed, and beyond.

        Whether you’re chasing your first $10M—or your next billion—this show is your front-row seat to how the smartest founders and funders win. Think raw, unfiltered, no-BS insight—designed to help you move faster, smarter, and bolder.

        This isn’t just another business podcast. This is your billion-dollar playbook.

         

        PODCAST INFO:

        Podcast Website | Watch on Youtube | Join the Community

         

        FOLLOW SARAH:

        LinkedIn | Instagram | X/Twitter

        41 min

      About Billion Dollar Moves™ with Sarah Chen-Spellings | Global Venture Capital

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