Rick Baker, the co-founder of Blackbird Ventures says that they look for a number of key characteristics in startup investments but the key thing they’re looking for are businesses that are “global on day one.” We think the learnings from attacking the global market from the beginning are very different from the learnings you get from doing it here in Australia where you can touch and feel your customer base. Where you can go and talk to them and use your networks.” In this video Baker also discusses product/market fit, user engagement and the characteristics of great founders.