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  • Building A Company of AI Super Workers - Tracy St. Dic

    Building a Company of AI Super Workers with Tracy St. Dic, Chief People & Talent Officer at Zapier

    Description:

    Welcome back to the FNDN Series, where we continue our deep dive into startup people and reward practices, with industry leaders from across the startup world.

    In our conversation with Tracy St. Dic, Head of Talent at Zapier, we explore how one of the world's most AI-forward companies transformed its culture, hiring process, and compensation philosophy around AI fluency. We take a deep dive into Zapier's AI Fluency Framework, how it has reshaped hiring, onboarding, and performance management, and how leadership balances rewarding AI-driven impact without chasing a "flash-in-the-pan" trend.”

    Join Startup People Summit, a one-day virtual conference designed for startup People leaders who want practical insight, honest conversations and proven approaches to scaling their People function — get your ticket here: www.startuppeoplesummit.com 

    Chapters:

    00:46 Guest Introduction: Tracy St. Dic, Head of Talent at Zapier
    01:56 Day One: Zapier's "Code Red" Moment with AI
    04:39 Change Management 101: Getting Buy-In Across the Company
    07:16 Why AI Transformation Landed with the People Team
    10:27 Retraining Your Brain: Trigger-Action Thinking
    10:46 Building the AI Fluency Framework (V1 to V2)
    14:39 Measuring ROI: Efficiency, Quality, and Employee Experience
    18:11 Token Maxing vs. Value Maxing
    19:57 Hiring and Onboarding Overhaul for AI Fluency
    25:23 Sticking Points: Candidate Pools and Hiring Manager Buy-In
    26:39 Onboarding in an AI-Fluent Workspace
    32:09 Should AI-Fluent Talent Be Paid More?
    37:28 Interpreting Industry Layoffs Framed Around AI
    40:15 Durable Skills vs. Technical Skills in Hiring
    42:49 The Future of Manager Roles: Player-Coaches vs. Flatter Orgs
    45:23 Advice for Early-Career Professionals
    48:09 Closing Advice: Get Hands-On-Keyboard

    Connect with Tracy

    Visit:
    https://zapier.com/ 
    https://www.linkedin.com/in/tracy-stdic/?isSelfProfile=false 

    Company Mentioned:

    Zapier - Automation and AI company where Tracy leads talent strategy and built the AI Fluency Framework

    More FNDN Episodes:

    Spotify: https://open.spotify.com/show/4GeBIeZOKrFxG1oiiPxmiM
    Apple Podcast: https://podcasts.apple.com/us/podcast/fndn-series/id1794263484




    51 min
  • Deel's COO on the AI Agent Writing Its Own Code

    Dan Westgarth has spent 7 years helping build Deel from a contractor invoicing tool into one of the most valuable HR and payroll platforms in the world, and he did it after cutting his teeth as an early operator at Revolut. As COO, he sits across nearly every function the AI conversation touches: finance, sales, engineering, and the sheer operational load of running a company at global scale.

    In this conversation, Dan gets specific on AI and Ops. He walks through the internal tool that takes a bug ticket, writes the fix, and opens its own pull request for an engineer to review. He talks through what he actually looks for when hiring, and the future of SaaS isn't dead, but there is about to be a lot more competition.

    We traverse through a funny detour into Dan's own weekend coding habit (his laptop did not enjoy….), a rundown of which AI tool he reaches for and when, and an answer to "what would you build this weekend”

    Listen for a leading operator's view of AI adoption at scale

    CHAPTERS

    00:00 Cold open, the AI agent that writes its own code

    00:46 Show intro, Deel's sponsorship, and what's ahead

    02:03 Sponsor break, Deel

    02:30 What Deel actually does

    03:14 Rapid AI hot takes, finance roles, human oversight, hardware, sports, and the World Cup

    09:29 Why Deel keeps winning after seven years

    10:00 How the product evolved from contractor invoicing to a full HR platform

    11:28 What Dan looks for when hiring

    13:06 Leaving Revolut for Deel

    14:17 Sponsor break, Deel

    14:57 The YC Winter 2019 connection

    15:49 Setting targets and building momentum

    16:43 Where AI helps the sales team, and where it can't

    19:20 Should AI handle your email

    21:03 AI meeting assistants, pros and cons

    22:53 What makes an A+ engineer in 2026

    23:37 Inside DCA, Deel's self-writing code agent

    25:55 Breaking into new international markets

    28:34 B2C versus B2B expansion

    30:16 The cost of not using a platform like Deel

    33:01 What keeps Dan up at night about AI agents

    33:29 Akai, and scaling operations without growing headcount

    36:15 Dan's own weekend coding experiment

    37:26 Rapid fire, is the SaaS apocalypse real

    39:48 The physical Deel Card and crypto payroll

    42:23 What is a stablecoin

    43:02 Which AI tools Dan actually reaches for

    44:51 If Dan built one AI project this weekend

    46:45 Closing thoughts and where to find Dan

    47:08 Deel's new Arsenal FC sponsorship

    48:41 Georgie's weekly AI newsletter

    50 min
  • The Junior Engineer Isn't Needed Anymore: Cloë Stanbridge, Talent Lead at Airtree

    The junior engineer used to be the safe first hire. Cloë Stanbridge says AI just made that job disappear, and that's only the start of what's rewriting tech hiring right now.

    In this episode of Building Tech Teams, James MacDonald sits down with Cloë Stanbridge, Talent Lead at Airtree, one of Australia's most active venture capital firms. Cloë spends her days helping early-stage founders make their first engineering hires and helping later-stage companies scale their teams, work she's done from both sides, having previously led talent through a hypergrowth stretch at SafetyCulture and embedded inside scaling companies at The Lab17. They get into what actually makes a founder an "outlier" worth backing, why some founders eventually have to admit they've become the bottleneck in their own company, why the traditional junior engineer role is disappearing, and how Airtree's new Frontiers program is drawing hundreds of applications from engineers ready to go out on their own.

    It's a hiring-trenches conversation full of specific, hard-won detail: the real numbers behind scaling a team from 60 to 350 people, why some recruiters place better talent because they simply know the team better, the AI tools on both sides of the hiring desk, and the line that sums up what's actually scarce in tech right now: everyone can build, not everyone can sell.

    Chapters

    0:00 Cold open: why the junior engineer is disappearing

    0:40 What this episode covers

    1:40 Welcome: Cloë Stanbridge, Talent Lead at Airtree

    1:56 A day in the life of a VC talent lead

    2:10 Investing from pre-seed to growth stage

    2:57 How talent gets involved at each stage

    4:15 What makes a founder an "outlier"

    5:02 Hiring the first few engineers

    5:48 Case study: scaling a young founder's team

    7:39 When a technical founder gets pulled in every direction

    9:01 Hiring junior engineers in the age of AI

    11:03 Why "junior" now means doing mid-level work

    12:05 The fear of hiring someone more senior than you

    13:02 When founders step back into R&D

    13:32 Zero-to-one vs. scaling personalities

    14:08 Inside Airtree's Frontiers program

    15:24 Why engineers are leaving big companies to found startups

    15:57 Retention, ESOP, and leaner teams

    16:45 Why managers now need to be hands-on architects

    17:25 Why no job is safe from redundancy anymore

    18:39 The squeeze on middle management

    19:34 Hiring people leaders too late

    21:34 What actually keeps people "sticky"

    21:58 Leadership lessons from Brené Brown and Kim Scott

    22:41 Embedding inside scale-ups at The Lab17

    25:15 Setting a new hire up to succeed, or fail

    27:49 How the market flipped after COVID

    28:21 When a huge engineer salary is worth it

    31:08 Competing with Silicon Valley salaries

    31:37 How Linktree built culture as a differentiator

    32:52 Cash versus flexibility in a cost-of-living crisis

    33:40 Being upfront about the grind before they sign

    35:20 Remote work and the culture question

    36:55 Why go-to-market matters more than ever

    37:46 Expanding into the US market

    40:10 Do founders have to relocate for funding?

    41:34 Bringing Australian talent back home

    42:36 From 60 to 350: scaling at SafetyCulture

    47:04 Why recruiters need to know "their dog's name"

    47:46 Being a thought partner, not a salesperson

    48:47 Hiring for potential over a checklist

    50:39 Why problem-solving beats a technical checklist

    51:47 How AI is changing technical interviews

    53:38 Trial days: hiring by actually working together

    55:25 Screening out "AI slop" in applications

    56:21 Spotting an AI-written cover letter

    57:34 Using AI without losing the human element

    57:52 Where voice agents fit and where they don't

    58:39 The AI tools Cloë uses to research candidates

    59:25 Cloë's top 3 AI skills for recruiting

    1:00:45 James's AI-powered morning brief

    1:01:58 Wrap-up and thanks

    1:02:11 James's takeaways from the episode

    About the Guest

    Cloë Stanbridge is Talent Lead at Airtree, where she partners with the firm's portfolio to connect founders with top talent, build scalable hiring processes, and develop playbooks that support sustainable growth. Before Airtree, she spent over four years at The Lab17, embedding inside scaling companies including Linktree and Immutable to build out their hiring practices, and led talent through a hypergrowth stretch at SafetyCulture, taking the engineering team from around 60 people to 350 in two years.

    Links
    • Cloë Stanbridge · Airtree · LinkedIn: https://www.linkedin.com/in/cloestanbridge/
    • James MacDonald — LinkedIn: https://www.linkedin.com/in/james-macdonald-au/
    • NTP Talent: https://ntptalent.com.au/
    • Day One: https://dayone.fm/

    Hosted by James MacDonald, Managing Director of NTP Talent.

    Building Tech Teams is produced by Day One®, trusted partners in the technology space and the team that helped build Blackbird Ventures' Wild Hearts. Sister shows include First Cheque, Oversubscribed and In The Blink of AI. Episodes are cross-promoted across the network.

    1 hr 4 min
  • Jodie Imam - Sometimes You Don't Need a Rocket Ship. You Need a Tractor

    If you've ever felt like you're not a "real" Founder because you're not chasing unicorn status, this episode is your permission slip to build differently.

    Jodie Imam has done almost everything you can do in the Australian startup ecosystem. She co-founded Occasional Butler and went head to head with Airtasker (who eventually acquired her), opened depo8, one of Melbourne's first coworking spaces, and now runs Tractor Ventures, the revenue-based funding company backing the Founders who don't want to ride the VC rocket. And it all started at age 12 with a business called The Ironing Lady.

    You'll hear the moment at Ericsson that convinced Jodie she could never trust a corporation with her future, and the trade she made to escape it: her car space for a job with fashion designer Leona Edmiston, working weeks for free to prove herself. She's honest about what that costs, and why she tells anyone changing direction that you can't expect a corporate wage while you do it.

    Then there's the Occasional Butler story, including the very first job posted on the platform (a $5 gig to eat a packet of Doritos, planted by a rival you might have heard of), the Gumtree hack that finally unlocked their flywheel, and the raise-or-sell decision she faced while pregnant with her third child.

    Jodie also opens up about the journaling moment that led to Tractor Ventures (she wrote "I want to work with Matt Allen one day" and he messaged her that same day), the EOS framework and visionary-integrator split that transformed how she and Matt run the company, and the spiritual awakening after her divorce that has her exploring goddess rituals and witchcraft alongside running a venture funding business.

    Stay to the end to hear why Founders are whole humans, and why you can absolutely manage millions and pull tarot cards in the same week.

    Find Jodie

    Jodie on LinkedIn: https://www.linkedin.com/in/jodieimam/

    Tractor Ventures: https://www.tractorventures.com/

    Mentioned in this episode

    Rocket Fuel - the book behind the visionary and integrator split Jodie describes

    Join the Aussie Founders Club

    The Slack community, the newsletter and everything else live here: https://www.aussiefoundersclub.com

    Want to partner with Life After Launch?

    Explore sponsorship and partnership opportunities at https://lifeafterlaunchpod.com/partner-with-us

    Time Stamps

    00:00 Cold open and welcome to Life After Launch

    01:05 Megan's disclaimers: buying the gear, timing references, and learning to stop saying "yes"

    02:18 Introducing Jodie Imam

    03:11 The Ironing Lady at 12: where the independence drive began

    04:00 Watching Ericsson make 30-year veterans redundant, and the seed it planted

    05:13 Trading a car space for a job: nine years growing Leona Edmiston from 3 people to 100

    09:17 The owner's mentality: why Jodie told her bosses "I have to feel like it's my business"

    10:26 Babies as the catalyst: leaving to start Occasional Butler with her husband

    12:39 Selling the house, moving to Melbourne, and going all in on two businesses with two babies

    14:47 The first job ever posted: a $5 Doritos prank from a familiar rival

    16:00 The Gumtree hack that finally kicked the flywheel

    18:23 Building too much before testing, and why launching feels like standing on stage naked

    20:09 The exit story: the capital-raising mistake that cost months, and the board move that worked

    23:16 Selling to Airtasker while pregnant with baby number three

    24:51 Setting up Innovation Bay in Melbourne

    27:02 COVID kills depo8 overnight, and Tractor Ventures is born from a lockdown living room

    33:06 The journal entry and the WhatsApp message: how Jodie and Matt Allen teamed up

    34:23 How Tractor actually works: the first $2 million, revenue-based finance, and the funding stack

    37:26 Why Tractor only hires senior people

    39:54 Rocket Fuel, EOS, and the visionary vs integrator dynamic (plus seagull management)

    44:01 Life after exit and divorce: spiritual awakening, goddess rituals, and witchcraft

    47:41 Quickfire: what's inspiring Jodie and the ecosystem shoutout

    49:16 Outro

    51 min
  • Eric Ries on What Investors Get Wrong About Governance
    Episode Summary

    Eric Ries is the author of The Lean Startup and The Startup Way, and the founder of IMVU and the Long-Term Stock Exchange. His new book, Incorruptible, examines why companies drift from their mission once investors and boards take over, and what founders and early investors can do to prevent it.

    In this episode, Cheryl and Maxine unpack what Eric calls "financial gravity," the force that pulls companies toward extractive, value-destroying behavior even when everyone believes they're pursuing profit. Eric explains why many widely taught governance best practices are actually shareholder-value destroying, and why the earliest stage of a company is the easiest time to build in protections against this drift.

    You'll also hear Eric break down the "spiritual holding company" structure, using Novo Nordisk's century-old nonprofit foundation as an example of why mission-guardian structures make companies far more likely to survive long term. The conversation covers why founders get talked out of protective provisions until it's suddenly too late, and Eric shares the real story of a startup that took a million dollars from Purdue Pharma to push opioids to doctors, and why it destroyed the company.

    He closes with his Big Cojones moment: a board meeting early in his career where he expected to be fired for refusing to abandon his unconventional methods, and the lesson that "harder is easier" when you stand for something you believe in.

    Time Stamps

    00:00 – Intro

    04:10 – Eric's first investment: putting his own money into IMVU's friends and family round

    09:15 – From Lean Startup to Incorruptible: why it's always felt like one continuous project to Eric

    17:40 – The tortilla company, private equity, and why "pricing power" explains so much bad behavior

    21:30 – Why so-called governance best practices are often value destroying

    25:50 – Naming the problem: financial gravity and why our grandparents would have called it corruption

    30:20 – What founders and early investors can actually do at the earliest stage

    36:45 – The Olympic athlete analogy: why protective structures only work if built in early

    41:10 – The spiritual holding company explained through Novo Nordisk's origin story

    48:30 – Why companies rated for "good governance" have underperformed since 2008

    52:15 – The Purdue Pharma story and how a million dollars destroyed a company

    58:40 – Big Cojones moment: the board meeting Eric thought would get him fired

    Sponsors:First Cheque is supported by our wonderful sponsors:

    Deel: Global hiring and payroll can be a headache. Deel brings HR, IT and payroll together in one platform, helping companies including Shopify, Revolut and ElevenLabs scale internationally.

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    ___

    Pear Tree: Pear Tree helps Australian and New Zealand founders build high-performing offshore teams without the agency middleman.

    As local hiring becomes more expensive and harder to fill, many operators are turning to offshore talent across engineering, development, marketing, accounting and operations at a fraction of local salary costs.

    The offshore horror stories you hear usually aren’t a talent problem. They’re the result of outsourcing agencies that overcharge clients while underpaying staff. Pear Tree takes a different approach through a direct, transparent model where your team is paid fairly, fully compliant, and focused entirely on your business.

    As part of the Day One community, you’ll receive a free team audit to identify where offshore talent could move the needle in your business, plus 20% off your first hire. Learn more at http://dayone.fm/peartree

    First Cheque is part of Day One.Day One helps founders and startup operators make better business decisions more often.

    To learn more, join our newsletter to be notified of new First Cheque episodes and upcoming shows.

    Mentioned in this episode:

    Pear Tree

    If you're a founder or operator trying to scale, here's the reality — Australian hiring is getting harder, salaries are at record highs, and the talent you need is increasingly out of reach. The best operators are quietly building offshore teams of engineers, marketers, accountants and analysts at a fraction of the cost.

    Pear Tree does it differently. We headhunt highly skilled talent from the Philippines and South Africa with full transparency on where every dollar goes, so your team is paid fairly and fully focused on your business.
    As a Day One listener, you’ll receive a free team audit to identify where offshore talent could move the needle in your business, plus 20% off your first hire.

    Deel x PX_Script 1

    Pear Tree

    If you're a founder or operator trying to scale, here's the reality — Australian hiring is getting harder, salaries are at record highs, and the talent you need is increasingly out of reach. The best operators are quietly building offshore teams of engineers, marketers, accountants and analysts at a fraction of the cost.

    Pear Tree does it differently. We headhunt highly skilled talent from the Philippines and South Africa with full transparency on where every dollar goes, so your team is paid fairly and fully focused on your business.
    As a Day One listener, you’ll receive a free team audit to identify where offshore talent could move the needle in your business, plus 20% off your first hire.



    This podcast uses the following third-party services for analysis:

    Podtrac - https://analytics.podtrac.com/privacy-policy-gdrp
    Spotify Ad Analytics - https://www.spotify.com/us/legal/ad-analytics-privacy-policy/
    1 hr 1 min
  • Lucas Cantor: "I Don't Think Anybody Knows What AI Is"

    Lucas Cantor has an unusual claim on the AI conversation. In 2019, Huawei asked him to finish Schubert's Unfinished Symphony using artificial intelligence, and he did it. He's an Emmy-winning composer who has worked on every Olympics since 2002, produced a cover of Everybody Wants to Rule the World with Lorde, and now invests in music technology. His new book is Unfinished: The Role of the Artist in the Age of Artificial Intelligence.

    In this episode Georgie Healy gets Lucas to take apart the story we're all being told about AI. Why he thinks nobody actually knows what the term even means. Why every single person he asks assumes AI can do the job they're not an expert in, and can't do the job they are. Why the claim that AI democratizes creativity is a fallacy sold by AI companies, and what it actually democratizes instead. Why B2B SaaS isn't dead, and who benefits from you believing it is. And why the music industry, supposedly murdered by Napster, is bigger now than it was before.

    If you build, market, or operate anything, this is a useful hour of pressure testing. Lucas isn't a doomer and he isn't an evangelist. He's someone who has been inside the technology long enough to tell the difference between what it does and what it's sold as.

    Recorded ahead of his first trip to Australia for BIGSOUND - which is September 1st - 4th in Brisbane!

    Chapters:

    00:00 Cold open

    00:54 Welcome, and who Lucas Cantor is

    02:49 The AI hack: stem separation

    04:14 Taylor Swift's wedding

    04:55 BIGSOUND, and the fear around AI in music

    06:23 Why the purist argument falls apart

    07:25 Tuning has drifted since the Renaissance

    10:02 Composer, producer, author, investor

    11:16 What Suno is, and the ethics problem

    12:20 Why all music sounds better now

    15:33 What it actually means to have your music stolen

    16:56 Covering Everybody Wants to Rule the World with Lorde

    19:19 Source Connect, Audio Movers, and remote studios

    20:22 The fallacy that AI democratizes creativity

    22:38 Black Swan, conductors, and the war on expertise

    24:26 The doctor who said AI could write a pop song

    27:38 Why he called himself a Luddite

    30:18 Hans Zimmer's studio, and saying yes to Huawei

    32:34 Finishing Schubert's Unfinished Symphony

    37:00 "I don't think anybody knows what AI is"

    38:49 Every AI agent ad shows something nobody needs

    42:14 Hot take: is B2B SaaS dead?

    45:13 AI is a story, and that's the problem

    46:25 What actually wins in music tech

    49:28 Amusing, but not amazing

    50:20 Ben Affleck, Scorsese, and AI in the creative process

    53:30 Two Emmys and a coach of the year award

    55:36 The one takeaway from Unfinished

    57:33 Georgie's Substack, Attention Is All I Need

    59 min
  • How Do You Sell Software to an Industry That Won't Change? Mitchell Baker on Claimstack

    $320 billion flows through Australia's commercial construction industry every year — and far too much of it still moves on spreadsheets and re-keyed purchase orders. Mitchell Baker spent 12 years inside that machine as a contract administrator — on John Holland's $250M shopping-centre rebuild, and on Facebook's £150M London HQ with Kier — watching well-paid people burn their days copying data that already existed.

    So he built Claimstack, a workflow platform that follows the money from tender to final account across the whole contractor chain. In this special Melbourne edition of Pick My Brain, recorded at Cremorne Digital Hub, Alan Jones digs into the genuinely hard part: selling new software into an industry famous for resisting it, and coaching a solo, self-taught founder on when — and how — to stop wearing every hat.

    You'll also hear the vibe-coding origin story (DataButton, then Cursor, then Claude Code in VS Code), how Mitch is funding the dream by selling off possessions while his partner foots the bills, the milestone-based "startup leave" deal that kept the relationship healthy, and the 15% ESOP he carved out of his friends-and-family round to lure senior talent.

    Time Stamps

    00:00 – Intro: $320B a year, still moving on spreadsheets

    02:07 – What Claimstack does: one platform for the whole contractor chain

    02:36 – The $320 billion inefficiency it targets

    03:35 – 12 years in the trenches: John Holland and Facebook's London HQ

    05:32 – Live in market: onboarding the first pilot customers

    05:55 – Vibe-coding it solo: DataButton, Cursor, then Claude Code

    06:45 – Why he didn't wait for a co-founder

    07:43 – Funding the dream, and the deal with his partner

    11:08 – Selling into an industry that resists new software

    14:26 – Building a sales team without losing credibility

    15:37 – Marketing yourself with a LinkedIn feature series

    17:48 – A solo founder's leadership gaps, and the 15% ESOP

    19:26 – Wrap-up

    Resources

    🔗 Claimstack – https://claimstack.com.au

    🎙 Ask Alan a Question – https://speakpipe.com/pickmybrain

    🎧 More from Alan Jones – https://www.startupfoundercoach.com

    Founders scale faster on Deel. Set up payroll for any country in minutes, hire anyone anywhere, and get visas handled fast, so you stay focused on scaling. Deel takes care of onboarding, HR, IT, EOR, benefits, and compliance, so your team can grow without borders.

    It's why more than 40,000 fast-growing companies trust Deel to move fast.

    Visit https://www.deel.com/dayone

    Episode Summary

    $320 billion a year flows through Australian commercial construction, and much of it still moves on spreadsheets and re-keyed data. Mitchell Baker spent 12 years as a contract administrator — including on Facebook's London HQ — before building Claimstack to follow the money from tender to final account across the whole contractor chain. In this Melbourne edition of Pick My Brain, Alan Jones coaches Mitch on selling software into an industry that resists change, and on when a solo, self-taught founder should start building a team.

    Time Stamps

    00:00 – Intro: $320B a year, still moving on spreadsheets

    02:07 – What Claimstack does: one platform for the whole contractor chain

    02:36 – The $320 billion inefficiency it targets

    03:35 – 12 years in the trenches: John Holland and Facebook's London HQ

    05:32 – Live in market: onboarding the first pilot customers

    05:55 – Vibe-coding it solo: DataButton, Cursor, then Claude Code

    06:45 – Why he didn't wait for a co-founder

    07:43 – Funding the dream, and the deal with his partner

    11:08 – Selling into an industry that resists new software

    14:26 – Building a sales team without losing credibility

    15:37 – Marketing yourself with a LinkedIn feature series

    17:48 – A solo founder's leadership gaps, and the 15% ESOP

    19:26 – Wrap-up

    Resources

    🔗 Claimstack – https://claimstack.com.au

    🎙 Ask Alan a Question – https://speakpipe.com/pickmybrain

    🎧 More from Alan Jones – https://www.startupfoundercoach.com

    Mentioned in this episode:

    Deel x PX_Script 1

    Deel x PX_Script 2

    Deel x PX_Script 1

    23 min
  • How to Build AI Capability Without Chasing Every New Model, with Patrick McQuaid

    Most organisations are asking which AI model they should use. Patrick McQuaid thinks that is the wrong conversation.

    Patrick is Group Head of Data, Analytics & AI at NGM Group. He joins James MacDonald to explain how leaders can build practical AI capability without getting trapped by hype, vendor lock-in or an endless cycle of new tools.

    They discuss how NGM approaches AI inside a regulated banking environment, where privacy, risk and customer trust make it impossible to turn a weekend prototype straight into production. Patrick explains why teams need both strong foundations and useful short-term wins, why the people closest to the work should own their technology costs, and where generative AI should not be used for decision-making.

    The conversation also explores what AI means for technical careers. Patrick shares why he hires for attitude, curiosity and problem-solving ability, rather than waiting for candidates with years of experience in technology that has only just emerged. He and James discuss the continuing value of junior engineers, the rise of AI enablement and orchestration roles, and the human skills that remain difficult to automate.

    If you are responsible for introducing AI into an established organisation, hiring a technical team or preparing your own career for the next wave of change, this episode offers a grounded alternative to the fear and hype.

    Chapters
    • 0:00 — Stop arguing about AI models
    • 0:46 — What this episode covers
    • 1:15 — Meet Patrick McQuaid
    • 1:38 — Leading experts without being the deepest technical expert
    • 4:37 — Deployment, flexibility and avoiding model lock-in
    • 6:45 — Vibe coding versus production inside a regulated bank
    • 8:30 — Shadow AI and choosing enterprise tools
    • 10:10 — Junior engineers and hiring for attitude
    • 16:15 — Who should own AI and token costs?
    • 19:34 — Building, buying or partnering for AI capability
    • 21:21 — Where generative AI does not belong
    • 25:41 — Joining NGM during a major data transformation
    • 30:17 — Building foundations and delivering quick wins
    • 34:20 — Planning in a fast-moving AI market
    • 35:45 — Agentic tools and the value of staying flexible
    • 37:04 — Can specialist software companies defend their advantage?
    • 39:18 — What organisations should and should not build themselves
    • 41:33 — Technology's role in a human business
    • 49:44 — The human skills AI cannot replace
    • 52:33 — What AI could mean for the next generation
    • 54:33 — Remote work, relationships and learning together
    • 58:35 — Cutting through AI FOMO and LinkedIn hype
    • 1:00:27 — The AI advantage for smaller organisations
    • 1:01:24 — Managing legal, financial and reputational risk
    • 1:06:43 — AI sycophancy and why chatbots agree with you
    • 1:07:57 — The skills technology professionals should build now
    • 1:09:26 — AI enablement and orchestration roles
    • 1:12:46 — James's key takeaway

    About the Guest

    Patrick McQuaid GAICD is Group Head of Data, Analytics & AI at NGM Group, one of Australia's largest customer-owned banking groups. NGM Group operates the Greater Bank and Newcastle Permanent brands.

    Links
    • Patrick McQuaid — LinkedIn: https://www.linkedin.com/in/patrick-mcquaid/
    • NGM Group: https://www.ngmgroup.com.au/
    • National AI Centre: https://www.industry.gov.au/science-technology-and-innovation/technology/artificial-intelligence/national-ai-centre
    • James MacDonald — LinkedIn: https://www.linkedin.com/in/james-macdonald-au/ · NTP Talent: https://ntptalent.com.au/
    • Day One: https://dayone.fm/

    Hosted by James MacDonald, Managing Director of NTP Talent.

    Building Tech Teams is produced by Day One®, trusted partners in the technology space and the team that helped build Blackbird Ventures' Wild Hearts. Sister shows include First Cheque, Oversubscribed and In The Blink of AI. Episodes are cross-promoted across the network.

    1 hr 14 min
  • Dom Pym – How To Build From Abundance, Even When You Have Nothing

    If you've ever talked yourself out of reaching out to someone because they're "too successful to reply", this episode will change how you send your next message.

    Dom Pym co-founded Up, one of Australia's fastest growing digital banks, and has personally invested $85 million into the Australian startup ecosystem. But he started with nothing. Dom tells Megan and Geo about growing up in a family that lost everything, and the "golden purse" his mum kept that somehow always had just enough in it, a lesson in abundance he's carried into every company since.

    You'll hear the full story of how Dom and his co-founder walked into Bendigo Bank asking for money and walked out bidding to rebuild their entire banking system, with a team of two and zero banking experience. You'll learn why he treats confidence and honesty as two separate skills you need at the same time, the exact cold outreach tactics that have actually worked on him (including one that involves sticky-taping a $1 coin to a letter), and why he believes chasing busy, successful people a hundred times is a feature, not a flaw.

    Dom also shares the two policy ideas he's pushing right now, free universal childcare and a dollar-for-dollar rebuild of the R&D tax incentive, that he reckons could make Australia a world superpower.

    Stay to the end for the quickfire round, where Dom reveals the plane crash he survived in 1999 and the one interview question that lets him see straight into a Founder's soul.

    Find Dom

    Dom on LinkedIn: https://www.linkedin.com/in/dompym/

    Up: https://up.com.au/

    Euphemia: https://euphemia.com/

    Join the Aussie Founders Club

    The Slack community, the newsletter and everything else live here: https://www.aussiefoundersclub.com

    Want to partner with Life After Launch?

    Explore sponsorship and partnership opportunities at https://lifeafterlaunchpod.com/partner-with-us

    Time Stamps

    00:00 Cold open and welcome to Life After Launch

    01:17 Introducing Dom Pym

    02:33 The childhood moments that shaped Dom: footy, family, and sliding doors

    06:09 The golden purse: building an abundance mindset from nothing

    08:20 The three people who taught Dom how money really works

    11:03 Why you should chase successful people a hundred times (the Marty Howell story)

    14:15 The most creative cold outreach Dom has ever received

    16:07 The $1 coin letter and why positive affirmation actually works

    19:19 The Bendigo Bank story: two people, supreme confidence, and a live demo that broke the rules

    26:26 Confidence vs honesty: crossing ThoughtWorks off the whiteboard

    29:13 Up's world firsts: Afterpay, Apple Pay instant issuance, and Google Cloud

    31:05 Comparing your bank to Instagram: the activity feed that banks worldwide copied

    32:48 Fixing Australia: free universal childcare and rebuilding the R&D tax incentive

    37:38 1.4 million customers and the countdown to overtaking the big banks

    40:30 Quickfire: the 1999 Qantas crash, the ecosystem stars you should know, and the question that reveals a Founder's soul

    46:56 Outro

    48 min
  • The A$2.2B Myricx Bio Deal, AI's Healthcare Land Grab and Preventive Health

    Novartis has agreed to acquire Myricx Bio for up to US$1.5 billion, approximately A$2.2 billion, in a major outcome for a UK biotech company with deep Australian venture backing.

    In the inaugural What the Health Wrap, host Emily Casey is joined by Dr Jackie Rabec, co-founder and Chief Product Officer at ThinkMD.ai, and Dr Prashanth Rajan, Associate at Brandon Capital, to work through what the fortnight's biggest healthcare stories actually mean.

    Prashanth explains how Myricx Bio evolved from small-molecule science into a new class of antibody-drug conjugate payloads. He discusses why the proposed acquisition matters for cancer therapeutics, investors and Australia's biotech ecosystem, while cautioning that the ultimate test will still come through clinical development.

    The conversation then turns to artificial intelligence. Jackie argues that healthcare companies need more than a powerful model. They need a genuine problem, sustainable economics, clinical workflow integration and the change management required for adoption. Prashanth applies the same test to AI drug discovery, where molecular designs must still survive laboratory testing and clinical trials.

    The panel also examines proposed changes to Australia's R&D Tax Incentive. Under the current proposal, the offset would be refundable for eligible businesses younger than ten years and non-refundable for older businesses. Prashanth explains why that distinction could affect biotech companies just as expensive clinical programs begin to scale, potentially pushing investment, clinical activity and company growth offshore.

    AdvanCell's US$315 million Series D offers a timely example of what sustained local support can produce. The company is advancing a Lead-212 targeted alpha therapy for metastatic prostate cancer while expanding its isotope supply and manufacturing infrastructure.

    Finally, the panel asks whether preventive health and longevity represent the future of care or another layer available mainly to people who can afford it. Everlab's A$65 million Series A and Neko Health's US$700 million Series C demonstrate growing demand, but questions remain about equity and whether earlier intervention can reduce pressure on public healthcare systems.

    Guests

    Dr Jackie Rabec is co-founder and Chief Product Officer at ThinkMD.ai, which builds offline-capable clinical decision-support tools for frontline health workers. She previously worked at Google and was Head of Product at Heidi Health.

    Dr Prashanth Rajan is an Associate at Brandon Capital and leads its activities in New South Wales. He has a background in bioinformatics, biochemistry and molecular biology.

    Chapters

    00:00 Introducing the What the Health Wrap

    08:07 Myricx Bio's proposed US$1.5 billion acquisition

    11:13 Antibody-drug conjugates and Australian biotech

    15:35 AI in healthcare beyond administration

    24:50 The promise and limits of AI drug discovery

    28:46 Proposed changes to Australia's R&D Tax Incentive

    35:22 AdvanCell's US$315 million Series D

    42:25 Preventive health, longevity and primary care

    53:28 Rapid fire: platform risk, companies to watch and useful resources

    Links and resources

    ThinkMD.ai: https://www.thinkmd.ai/

    Dr Prashanth Rajan at Brandon Capital: https://brandoncapital.vc/team_member/prashanth-rajan/

    Myricx Bio acquisition announcement: https://brandoncapital.vc/2026/07/06/brandon-capital-announces-agreement-for-novartis-to-acquire-portfolio-company-myricx-bio-to-advance-new-class-of-cancer-therapeutics/

    Australian Treasury's R&D Tax Incentive proposal: https://treasury.gov.au/sites/default/files/2026-06/p2026-781365_0.pdf

    Claude for Healthcare: https://www.anthropic.com/news/healthcare-life-sciences

    Chai Discovery's US$400 million Series C: https://www.chaidiscovery.com/news/series-c

    AdvanCell's US$315 million Series D: https://svhealthinvestors.com/news/advancell-closes-us-315-million-oversubscribed-series-d-financing-to-advance-targeted-alpha-therapies-and-expand-clinical-and-commercial-manufacturing-infrastructure

    Everlab: https://www.everlab.com.au/

    Neko Health's US$700 million Series C: https://www.nekohealth.com/se/en/press/neko-health-raises-usd700m-series-c-ahead-of-us-launch

    About the host

    Emily Casey is the founder of What the Health and host of the What the Health Wrap, making major developments in health technology and innovation easier to understand.

    The What the Health Wrap is brought to you by What the Health in partnership with Tenmile Ventures.

    What the Health is part of Day One Network, the podcast and media network from W2D1 Media: https://dayone.fm/

    1 hr

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