The Power of Persistence and the Importance of Early Backers. The journey of Kevin Gosschalk - founder of Arkose Labs, is a remarkable example of perseverance and the crucial role early investors play in the growth of innovative ventures. Ranked 30 on the Young Rich List, Kevin has raised over $US106 million for his bot detection company, largely from offshore investors. However, it was Richard Moore, a Brisbane-based investor and member of Brisbane Angels, who was the first to believe in Gosschalk’s vision. This underscores the importance of local capital ecosystems in fostering innovation. Despite the difficulties in raising capital in Australia, Richard’s support, along with Brisbane Angels as the company’s first backers gave Arkose Labs the initial momentum it needed to scale globally. This story highlights not only the value of early-stage investment but also the resilience required to navigate the often challenging path to securing capital. It’s a reminder to investors and founders alike: belief in an idea, coupled with persistence, can lead to extraordinary success. Well done Richard Moore and Kevin Gosschalk on the journey to date, we are expecting even further growth from this tech company, founded here in Brisbane. #entrepreneurship #venturecapital #startups #innovation #leadership #ArkoseLabs #angelinvesting
Angel Investor | Service Provider to Angel Groups | Non-Executive Director UniQuest | Early Stage Technology Company Advisor and Mentor
An excellent article in the AFR today about Kevin Gosschalk and his capital-raising journey with Arkose Labs - https://lnkd.in/gVYF5TV9 Brisbane Angels and I get a mention! As the article mentions, Brian Cooke and I have taken over the management of Brisbane Angels. We have been working hard to improve deal flow quality at BA's regular meetings. Every month, we see three pitches from excellent founders in investible deals, followed by dinner! Due to several 30x+ investments in companies (including Arkose Labs), Brisbane Angels has generated excellent returns (20%+) over the last 10-15 years. If you want to join Brisbane Angels, you can lodge an expression of interest here - https://lnkd.in/gJcVnk-A. BA now accepts members Australia-wide! In the new year, Brian and I will launch MooCoo Ventures, an angel syndicate allowing non-members of Brisbane Angels to co-invest alongside Brisbane Angels on a deal-by-deal basis. We have started collecting expressions of interest in joining the syndicate. Message Brian or me if you want to be added to the list.
