Telstra Ventures

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Telstra Ventures is the venture capital arm of Telstra Corporation Limited, a telecommunications and technology company based in Australia. It is primarily focused on investing in startups and early-stage companies in the technology industry. Since its establishment in 2011, the firm has invested in a number of startups and early-stage companies in the technology industry, and has publicly announced several successful exits over the years. For example, in 2016, Telstra Ventures sold its stake in the cloud security company Zscaler, which went public on the NASDAQ stock exchange that same year. In 2019, the company also sold its stake in the mobile advertising platform AppNexus, which was acquired by the telecommunications company AT&T. It is clear that the company has had several successful exits since its establishment in 2011. The company's management team consists of several executives who are responsible for overseeing the firm's investment activities and strategy. Matthew Koertge: Managing Director of Telstra Ventures, responsible for leading the firm's investment activities and managing its portfolio of companies. Steve Schmidt: Director of Investments at Telstra Ventures, responsible for sourcing and evaluating investment opportunities in the technology industry. Mark Sherman: Director of Finance and Operations at Telstra Ventures, responsible for managing the firm's financial operations and reporting. Marcus Bartram: Principal at Telstra Ventures, responsible for supporting the firm's investment activities and managing relationships with portfolio companies. The Telstra Foundation is a philanthropic organization established by Telstra that focuses on supporting community initiatives and organizations that promote education, health, and wellbeing. Telstra's Disaster Relief Fund was established in 2000 to provide financial assistance to communities affected by natural disasters, such as floods, bushfires, and earthquakes. Employee volunteering: Telstra encourages its employees to volunteer their time and skills to support community organizations and initiatives. The company provides paid leave for employees to participate in volunteering activities, and also offers a range of programs to support employee volunteering.