The Purse Podcast

The Purse Podcast

By Jana HlistovaBusinessInvesting
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The Purse Podcast episodes

  • #20: Rewire for wealth: how to change your relationship with money with Barbara Huson

    Barbara Huson (previously known as Barbara Stanny), is the leading authority on women, wealth and power. As a bestselling author, financial therapist, teacher & wealth coach, Barbara has helped millions take charge of their finances and their lives.

    Barbara's background in business, her years as a journalist, her Master's Degree in Counselling Psychology, her extensive research, and her personal experience with money give her a unique perspective and makes her the foremost expert on empowering women to live up to their financial and personal potential.

    Barbara is the author of 6 books and her 7th book, Rewire for Wealth has recently been published.

    We cover the following in our conversation:

    • The key steps to women changing their relationship with money
    • How to deal with shame around money
    • Why we need to get used to being uncomfortable for financial growth
    • Why understanding risk is what makes you wealthy
    • Impact investing and ESG
    • How to manage your money.
    • 41 min
    • #19: Bitcoin, ethereum and decentralised finance (DeFi): what every investor needs to know with Diana Biggs

      Diana Biggs is CEO of Valour, the issuer of exchange-traded products providing investors with exposure to innovations such as digital assets. Their first product, Bitcoin Zero, is listed on the Nordic Growth Market stock exchange in Sweden. In additional to her role at Valour, Diana is an Associate Fellow with Said Business School, University of Oxford and a Board Member for the World Economic Forum Digital Leaders of Europe initiative.

      We cover the following in our conversation:

      • What is bitcoin? And why do we need to understand bitcoin as a technology as well as a digital monetary system?
      • What are the key events or markers (if you like) in the last 3-6months, which have accelerated not just the bitcoin price, but the adoption of bitcoin?
      • How has the pandemic and the global economic crisis around the world played into the growing adoption of bitcoin, crypto & digital assets? And why is this important?
      • Speculators see an inevitable bubble bursting. Others regard long-term interest from investors as evidence that the asset is durable ie bitcoin is here to stay. What's your view?
      • What is decentralised finance?
      • What is ethereum and how does it enable DeFi?
      • Why have DeFi projects exploded recently?
      • What are exchange-traded products? What's ahead for Valour?
      • How do we encourage more women to invest in crypto & digital assets?
      • What does the world look like in 2050 and what's happened to the global monetary system?
      • What's your take on Dogecoin?
      • 45 min
      • #18: Investing in the transformation of health with Julia Angeles

        Julia Angeles joined Baillie Gifford in 2008 and is the Portfolio Manager of the Health Innovation Strategy. 

        Prior to Baillie Gifford, Julia worked as a management consultant for McKinsey & Co advising firms in Denmark, Russia and Hungary. Since joining Baillie Gifford Julia has worked on a number of regional and global investment strategies. Julia has a passion for the transformation taking place in healthcare, and it was this passion which led to the establishment of the strategy. 

        She believes that over the next 10 years healthcare systems around the world will experience a monumental change and we will witness a move away from reactive medicine to a world where prevention and cure will become an integral part of healthcare driven by technology. 

        Julia is also a member of the International Growth portfolio construction group.

        Julia obtained a BSc, MSc and PhD in Economics from the University of Aarhus, Denmark and speaks fluent Russian and Danish.

        We cover the following in our conversation:

        • How do you define biotech and healthcare?
        • How are we on the cusp of a revolution in healthcare?
        • Moderna Inc: investing in the biotech firm which developed the first COVID-19 vaccine.
        • How do you think about the companies you invest in and what is the key criteria you use?
        • Why do you identify disruptive businesses in the healthcare sector and why is this important?
        • Being part of an all-female team, how might your approach in how you invest differ (to say an all-male team of fund managers in the same industry)?
        • As more women lead investment funds and drive investing decisions at the institutional level, how do you think this will shape the market on a global scale?
        • 'The nature of asymmetry is such that investment returns are driven by a few big winners...The main constraint to us appreciating that potential is our imagination': can you elaborate what you mean by that?
        • What would you advise women who want to become investors?

        • 36 min
        • #17: Brexit & Covid-19: the impact on women with Vicky Pryce

          Vicky Pryce is Chief Economic Adviser and a board member at the Centre for Economics and Business Research (CEBR). She was previously Senior Managing Director at FTI Consulting, Director General for Economics at the Department for Business, Innovation and Skills (BIS) and Joint Head of the UK Government Economic Service. Before that she was Partner at the accounting and consulting firm KPMG after senior economic positions in banking and the oil sector. 

          She has held a number of academic posts and is a Fellow and Council member of the UK Academy of Social Sciences, a Fellow of the Society of Professional Economists and a Companion of the British Academy of Management. She was until recently on the Council of the Institute for Fiscal Studies and is a member of the Advisory Board of the central banking think-tank OMFIF and of the Economic Advisory Group of the British Chambers of Commerce. 

          She is also a Patron of the charities Pro-Bono Economics and Working Chance. Her books include: “Greekonomics: The Euro crisis and Why Politicians Don't Get It”; “It's the Economy, Stupid- Economics for Voters”, with Ross and Urwin; “Redesigning Manufacturing”, with Nielsen and Beverland”; and “Why Women Need Quotas”. 

          Her latest book, “Women vs Capitalism”, was published by Hurst in November 2019.. She is a frequent contributor to media broadcasts and debates on the economy and on the economic rationale for gender equality. She is co-founder of GoodCorporation, a company set up to advise on corporate social responsibility, is a Freeman and Liveryman of the City of London, was the first female Master of the Worshipful Company of Management Consultants and has been sitting on the City’s Members Diversity Working Party.

          We cover the following in our conversation:

          • What does the field of economics help us to understand?
          • Why can't women 'have it all' in a free-market economy?
          • What is the fallout of the pandemic on women?
          • How is Brexit in the UK adding to this negative and detrimental impact on women?
          • According to research, an estimated 22% of employed women in the United Kingdom could find their jobs displaced by automation by 2030. What needs to happen to ensure that these women don't get left behind?
          • What role do you see female entrepreneurs play in driving more growth, prosperity and innovation in our economy in the UK, US and globally?
          • We are in the midst of a massive transfer to wealth globally to women. What impact will this have on the world we live in?
          • What needs to change to ensure we reverse these negative trends on women and accelerate change for the better?
          • If we had more women sitting at the table, for example, making decisions in government, how much more likely is it that we would see change happen a lot more quickly?
          • What message do you have for government and policy-makers out there in order to help correct the market failure and gender inequalities we have talked about?
          • And what would you say to women, right now, who are having to deal with so much and are simply not getting the support they need? What should they think about?

          • 49 min
          • #16: Sextech: why the next big thing in tech is disrupting sex with Cindy Gallop

            Cindy Gallop is the founder and CEO of MakeLoveNotPorn launched at TED 2009 – ‘Pro-sex. Pro-porn. Pro-knowing the difference’. 

            In 2013 she turned MakeLoveNotPorn into the world’s first user-generated, human-curated social sex video-sharing platform, socialising and normalising sex in order to make it easier to talk about, to promote consent, communication, good sexual values and good sexual behaviour. MakeLoveNotPorn is spearheading the Social Sex Revolution (the revolutionary part isn’t the sex, but the social). Given the challenges Cindy has faced finding investors, she is raising the world’s first dedicated sextech fund, All the Sky Holdings. 

            She speaks at conferences globally and consults, describing her approach as ‘I like to blow shit up. I am the Michael Bay of business.’

            We cover the following in our conversation:

            • Cindy talks to us about MakeLoveNotPorn and the journey she's been on as a female founder in an entirely new category.
            • Why the next big thing in tech is disrupting sex.
            • Why founders from underrepresented groups are uniquely able to design and build safe spaces on the web.
            • Cindy's experience in fundraising for her startup.
            • What she looks for in her investors.
            • Why we need more women to back female and underrepresented founders.
            • And Cindy talks to us about her vision for creating and launching her $200 million sextech fund.
            • 1 hr 2 min
            • #15: Feminist economics, measuring 'women's work' and women's innovation with Katrine Marcal

              Katrine Marçal is an award-winning author, journalist and keynote speaker. Her first book “Who Cooked Adam Smith’s Dinner” has been translated into more than 20 languages and was hailed by Margaret Atwood as “a smart, funny, readable book on economics, money and women”. 

              It was named one of The Guardian’s Books of the Year in 2015.

              Katrine works for Dagens Nyheter, the largest broadsheet newspaper in Sweden and she was one of only a handful of European journalists to get an exclusive interview with Michelle Obama before the publication of the Former First Lady’s memoir Becoming in 2018.

              In her role as a financial journalist Katrine has interviewed many of the world’s most respected economic thinkers like Nouriel Roubini, Nassim Taleb and Yanis Varoufakis.

              Her book “Mother of Invention: How Good Ideas Get Ignored In An Economy Build For Men” became a bestseller in Sweden in 2020 and will be published in English in 2021.

              We cover the following in our conversation:

              • What is feminist economics?
              • How has modern economics failed us and what needs to change?
              • How do we value women's work?
              • Women's innovation and why it has been largely ignored?
              • Why investing in women and the female market will drive innovation.
              • 42 min
              • #14: Why women investing will change the world (and how they will do it) with Heather Ettinger

                Heather Ettinger is the CEO and Founder of Luma Wealth Advisors (US).

                As a champion for women and girls for over 30 years, Heather Ettinger is widely recognised for her unique experience and dedication to helping women build their financial acumen and wealth, culminating in the founding of Luma Wealth Advisors in 2017. She specialises in helping clients and their families create strategic financial plans to guide them through life transitions, such as the loss of a spouse, divorce and job changes and to align their resources around family values and impact in their communities.

                Heather has a bestselling book entitled, Lumination: Shining a Light on A Woman’s Journey to Financial Wellness and she has co-authored two research studies about women and wealth.

                Heather has been featured in many publications including The Wall Street Journal, Barron’s, and Bloomberg.

                She has served on numerous non-profit and private company boards across a wide range of industries including technology, financial services and healthcare.

                Heather considers raising her three children with her husband, Jeff to be her greatest and most rewarding accomplishment. 

                Her favourite activities include playing ice hockey, skiing and hiking.

                We cover the following in our conversation:

                • What is financial wellness?
                • What role do emotions play in how we manage our money?
                • How do we move from the 'fear zone' to the 'confidence zone'?
                • ESG & impact investing.
                • Why invest in female-led start-ups?
                • How does the financial services industry to change?
                • And what will the world look like in 2075 when women own the majority of private wealth globally (& women make the majority investing decisions?)

                • 1 hr 3 min
                • #13: How female angels invest and why female founders are shaking things up in retail with Eva Pascoe

                  Eva is a digital leader who has pioneered the Internet, e-payments, e-commerce fashion solutions and e-CRM.

                  Eva co-founded the world's first Internet cafe in 1994.  And she developed fashion web shops for (including) Topshop, Topman, Dorothy Perkins, Racing Green and Burton.

                  After a successful Crowdcube fundraising campaign in January 2017, Eva joined Bluebella as a non-executive director, overseeing the brand's digital acquisition and international ecommerce strategy.

                  Since 2013 her ecommerce consultancy The Retail Practice has been advising the largest pan-European lingerie brand Hunkemoller.

                  In her role as Charity Trustee for Trading Group, Eva has also advised one of the largest UK military charities, Help4Heroes, supporting the charity team since 2013 in their online trading activities on digital acquisition, CRM and transition to new e-commerce platform.

                  She has recently co-authored  digital retail policy papers on Re-imagining The High Street and a new policy for West End of London in her “Surf and Turf” contribution to a recent  publication commissioned by the Centre for London and New West End Company.

                  She regularly speaks at key retail industry events run by the Retail Institute and runs a weekly digital innovations blog The Retail Bytes.

                  Eva is also an active angel investor with a focus on female founders.

                  We cover the following in our conversation:

                  • Can you talk to us about the time you set up the world's first internet cafe?
                  • How has being an entrepreneur shaped how you choose to invest in early stage businesses?
                  • How do you decide what startup businesses to invest in?
                  • What are some of the differences in what women and men choose to invest in and how they invest?
                  • What role do networks play in how you invest?
                  • What are you excited about in terms of investing in 2021?
                  • What advice do you have for women who want to engage much more around their money and invest?
                  • 53 min
                  • #12: How to manage your money with Tina Weeks

                    Tina Weeks is the founder of Serenity Financial Planning, a unique financial planning company that aims to deliver Financial Life Planning to as many people as possible in the UK. Tina has been a financial adviser since 1996 and specialises in Financial Life Planning. This is a new technique that encourages and inspires clients to identify what is most important to them and what they really want to do in their life. She then works with them over the long term to ensure they have enough money to do it and are confident about their financial planning.

                    She advises her clients on pensions, investments, insurance, estate planning and every other aspect of their financial planning. In addition, Tina will help clients get a clearer understanding of their relationship with money and teach them tools to better manage their finances on a day to day basis.

                    We cover the following in our conversation:

                    • Can you think back to a pivotal moment or experience growing up, which has had a profound impact on your relationship with money?
                    • What's your view on the global & UK economy right now and the fact that there is a stock market/economy disconnect?
                    • Tina, you're a financial life planner: can you explain what you do and how it differs from financial advice?
                    • You work with female clients, do you see any differences in how women choose to manage and invest their money compared to men?
                    • The gender pension gap: how should women think about their pension to ensure they have saved enough for retirement?
                    • What do you think needs to change in the financial services industry to be more inclusive of women?
                    • A lot of people are feeling very uneasy about their money. Women in particular have been hard hit during the pandemic ie reduced hours, job loss as they struggle with more childcare and homeschooling responsibilities. What would your advice be to women who are feeling very uncertain about their money right now?
                    • What would you advise women who are keen to engage around their money and investing, but are short on time?
                    • 33 min
                    • #11: How to invest in startups through an angel syndicate with Matthew Stafford

                      Matthew Stafford has worked with startups since 2010 and is the co-founder of 9others, a global entrepreneurs network, and Dot Matrix Group, an angel investment syndicate.

                      9others was established in 2011 and is now a global network of 4,000+ entrepreneurs in 45+ cities who meet over dinner to help each other solve the challenges of business and life. Established in 2016 Dot Matrix Group is an angel syndicate that invests in seed stage technology startups in the UK.

                      Matthew is a patient investor and typically gets to know and contributes to entrepreneurs over many months and even years before investing.

                      Before all that, Matthew worked in technology for RBS, The Bank of New York and others, studied Computer Science at Durham University and has an MBA from Imperial College Business School.

                      We cover the following in our conversation:

                      • How did you get started as an angel investor?
                      • What is an angel syndicate?
                      • What's the criteria and process for an angel investor joining?
                      • How do you decide what startups to invest in?
                      • How do we get more women and underrepresented groups more involved in angel investing?
                      • What do you say to people who assume that because startup investing is risky, they shouldn't go anywhere near it?
                      • 41 min

                      About The Purse Podcast

                      From the publisher's feed

                      At The Purse: Women and Capital, we explore how women are transforming the architecture of finance. From angel investors to institutional leaders, from fintech founders to capital allocators, this is…

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