Mark Sherman

Board Member at Near


Telstra Ventures overarching mission is to service gamechanging leaders and do good. We drive growth investments in market leading high growth companies. As of September 2019 we - led over 60 investments ranging from 5M to 20M average gross IRR of 28 on 17 liquidity events current assets under management of 565m. Active portfolio 70 USA 11 China 10 Australia 9 Rest of Asia. - Sector vectors of interest include AI cyber-security SaaS cloud infrastructure esports consumer apps and media IoT Robots fintech next generation networks and particularly like companies that defy conventional description. - Focus on i lighthouse leaders ii best product market fit iii constructive market trends and iv strategic revenue-bearing relationships with Telstra its channels and customers review 1000 companies each year and invest in 10.