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I Can't Believe It's Not Butter — a YBF Ventures podcast

Four founders argue about what's actually working.

Matt, Steve, David and Jeremy on the questions you can't ask in a pitch room. Why your enterprise pilot stalled. Whether the Series A is worth chasing. What AI actually changes about how you sell.

Monthly recording · Weekly episode

Episodes in the bank.

Recording monthly · Dropping weekly
Recording next
Fri 22 May
11:00 AM AEST

What the government is doing to Australian founders.

Capital gains changes. The ESS rule rewrite. R&D cap removal that only helps the big end of town. Negative gearing. We pull apart what's left of the policy stack for building a venture-backed business here, with the May 12 budget fresh in hand.

Episode 01 Recorded 23 Feb

Is AI making you efficient, or lazy?

The honest cut on what AI is doing to the people using it. Tool for thinking harder, or a way to stop thinking at all.

  • Where AI hands you leverage versus where it hollows out your judgement
  • Why over-reliance is a competitive risk for early-stage founders
  • How the seed to Series A operator should actually be using it day-to-day
Episode 02 Recorded 23 Feb

How to actually buy AI, and get value out of it.

For corporates and founders on the buying side. Where the hype curve is masking real disruption, and where it isn't.

  • Agents and SaaS: which categories get eaten in the next 24 months
  • Why mid-stage SaaS founders are about to get run down by AI-native competitors
  • Philippines as the right training ground for agent ops, and why SOPs win
Episode 03 Recorded 9 Mar

Australia's corporate innovation hangover.

Ten years ago corporates funded labs, ran hackathons and gave founders the secret code into procurement. Then it stopped. Matt was inside that machine. He explains what broke.

  • How innovation leaders became political navigators instead of operators
  • AI-native vs AI-enabled organisations, and which one your buyer actually is
  • Why Stone & Chalk now runs on OpenAI and Microsoft sponsorship, not local corporates
Episode 04 Recorded 9 Mar

What AI will break in Australia's top five industries first.

Banking, mining, retail, healthcare, professional services. Where the floor gives way, and where the moat actually holds.

  • Banking: agentic transaction volume, deepfake fraud, intermediaries in the firing line
  • Mining: humanoid robotics, Rio and BHP's autonomous fleets, sovereign manufacturing
  • Healthcare: Harrison AI catching cancer 10 months earlier than radiologists
  • Professional services: the golden age for consultants is now, and it ends fast

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