Why this founder is investing $70m in start-ups

by · Australian Financial Review

Yolanda RedrupRich List Editor

Ask any money manager what they think of Dom Pym’s 80 per cent asset allocation to risky start-ups and venture capital, and they’d tell you he’s crazy.

The founder of neobank Up and 22 other businesses knows this, but he’s on a mission to nurture a “start-up movement that’s going to build the future of Australia” – albeit with a big potential payday.

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Yolanda RedrupRich List EditorYolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com

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