# E183 - Nick Gainsley, Partner, OneVentures

22 April, 2022 E183 – Nick Gainsley, Partner, OneVentures Join our host Ian Gardiner as he chats to Nick Gainsley, Partner at One Ventures and Aurora Community Member, on episode 183 of Open the Pod Bay Doors. Nick is Partner at OneVentures and leads the debt fund strategy, which was launched 5 years ago to address gaps in the Australian market. The fund offers non-dilutive alternative funding options through 3-4 year loans with interest and small equity options for growth stage companies post-Series A. Nick explains the differences between debt and equity funding, market trends, and the fund’s structure as GPLP. The conversation also delves into the use of debt funding to avoid down rounds or complement equity funding, as well as discussions on AI, productivity tools, and current events. Highlights from Ian and Nick’s conversation include what a debt fund looks like and how it compares to a traditional GPLP Venture Fund     What do the mechanics of a debt fund deal look like Why Nick prefers the term growth credit over venture debt Nick’s view on liquidity and exits in the next couple of years The future of AI and how OneVenture apodt this in their day to day operations potential downsides to a debt fund Is poker simple gambling or is it a skill? Quickfire round.  If you were asked to do a TED talk, what topic would you speak about? I know random small snippets from lots of different things.. Book – Just finished Outlive by Peter Atia Podcast – All in with Chamath, Jason, Sacks & Friedberg News source – Australian Financial Review App – Spotify (shout out to Spotify Audibooks) Productivity tool – A bit boring but I use OneNote Tech CEO – You’ve got to be impressed with Satya Nadella from Microsoft TV show – Colin from Accounts More Innovation Bay content Podcast Insights News Join the Innovation Bay community Founders Investors INNOVATION BAY Proudly supported by Our Partners INNOVATION BAY NEWSletter Stay up to date Sign up for monthly updates including exclusive interviews, pitch dates, event announcements, profile, news and much more.  Sign Up