Entrepreneurs want to be successful, advisors want to be rewarded for their contribution, and investors want a successful return on their investment. So why does the 40 year old venture capital industry still live with 85% failure. Here Richard present and alternative model for the future...

Bio: With over 30 years of experience as a CEO, Chairman, and Mentor while serving my shareholders globally through 115 company board directorships in 26 countries. This experience afforded Richard Webb the insight and confidence to create his own venture fund in 2005. After 13 years Red Ocean has developed active equity positions in 14 companies globally. In 2014, he founded South Bondi to mentor executives between their corporate job and and their contribution to the start-up community. In the same year he also co-founded Startmesh to globally commercialise technology companies with tested and validated offerings and in 2015 he co-founded Badalya to globally commercialise innovative food companies.