Ex-Clime chief gets new role

Rod Bristow left Clime in late 2020, with no reason given for his departure. He’s now resurfaced at Investible, a seed funding company launched by “entrepreneurs-turned-angel investors” Creel Price and Trevor Folsom in 2014.

“The opportunity to work with Creel and Trevor and to help founders successfully grow their businesses was a major drawcard for me in joining Investible,” Mr Bristow said.

“In a world characterised by low yield, a well-researched and managed portfolio of seed-stage companies should be part of every sophisticated investor’s portfolio.”

Mr Price is an “Entreprenaissance Evangelist” who claims to have launched eight businesses before he left high school and another two at university. He co-founded Blueprint Management Group. Mr Folsom is another co-founder of Blueprint, as well as a former director of Elevation Capital and current chairman of Car Next Door.

“While the overall amount of VC funding is on the rise in Australia, most of this funding is going to a relatively small group of more established companies. Investors now have the opportunity to capitalise on the gap in the market at early stage by leveraging Investible’s early-stage investing expertise to back the next generation of tech pioneers,” Mr Bristow said.