In this episode, Steve Grace sits down with Arjun — founder of inaam — to unpack how a tragic loss of his father's life savings fueled a mission to disrupt the Australian financial system, and why he believes the local VC ecosystem is fundamentally broken due to a crippling lack of risk tolerance.

Arjun breaks down the dangerous myth that "impact investing" means sacrificing returns (proving it with a portfolio that outperformed the market), why he famously believes the tagline for Australian venture firms should be "F*ck off," and how he is gamifying financial literacy to help young Australians build wealth without compromising their values.

They also dive into:

• The "Oligopoly" problem: Why having only three major VCs is stifling Australian innovation
• The reality of building a fintech as a migrant founder and facing racism on the streets of Melbourne
• The irony of being an award-winning innovator who still doesn't qualify for a National Innovation Visa
• How inaam combines education with execution to bridge the wealth gap
• Why email is a terrible leadership tool and the power of the "Communication Triangle"
• The "Non-Linear" career path: From investment banking to losing it all, to building a unicorn contender

Timestamps:

• 0:00 From investment banking to startup founder
• 6:45 Arriving in Melbourne 3 weeks before lockdown
• 10:27 The "F*ck Off" critique of Australian VCs
• 11:04 Why Australia has capital but zero risk tolerance
• 15:22 The Origin Story: Losing his father's life savings
• 17:20 Debunking the myth: Impact Investing vs. High Returns
• 23:30 The reality of racism and the migrant founder experience
• 28:16 The struggle to get a National Innovation Visa
• 36:00 Why email kills culture: The Communication Triangle
• 43:10 How to start investing with just $10

Links:

• inaam → https://www.inaam.me/
• Connect with Arjun → https://www.linkedin.com/in/arjunagarwal1996/
• The Nudge Group → https://thenudgegroup.com/
• Give It A Nudge Podcast → https://www.youtube.com/@giveitanudge/
• Steve on LinkedIn → https://www.linkedin.com/in/stevegrace/
• The Trouble With People → https://thetroublewithpeople.substack.com/