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Ex-Microsoft employees Peter Ostick and Josh Iselin teamed up last year to launch The Video Network, an internet TV sales platform.
Group buying site Cudo is up for sale for more than $60 million, according to reports, less than 12 months after it was launched by Nine Entertainment.
An Australian-run New York angel fund has invested the equivalent of $900,000 in three start-ups using an innovative model that exchanges equity for services and mentorship, rather than cash.
Pete Gadget Guy Blasina speaks to Spreets founders Dean McEvoy and Justus Hammer about how they hatched the idea for a start-up that was snapped up by Yahoo!7 for $40m within a year of its launch.
If you are part of the world’s super rich, you have little chance of being an eccentric, unknown recluse these days. Endless rich lists and the celebritification of the wealthy ensure your finances and personal life will be dissected by the media.
If you are an early stage or high growth company it is very difficult to forecast how and when you will exit the business.
A few years ago, the funding scenario for an innovative start-up was simple. Get a bank loan to get yourself started before turning to a grateful Australian-based VC who will help propel your business into the big time, in return for a juicy equity cut, of course.
The business world has been abuzz with talk of a second dotcom bubble, fuelled by the huge public debut by LinkedIn last week.
Microsoft has purchased internet phone service company Skype for $US8.5 billion, representing the largest deal in the company’s history as it seeks to claw back market share from rivals Google and Facebook.
James Packer is reportedly planning to pour $40 million into daily deals and group buying site Catch of the Day, suggesting tech companies are the current flavour for large investors.
Australia has been ranked number one in the world for the time it takes to start a business, although the country has been marked down for its approach to ICT and the availability of new technologies.
Speak to the founder of an innovative start-up and he/she is likely to grumble about reluctance of banks to lend them funds to fulfil their dreams.
Technology start-ups have been urged to submit their funding applications for the next Innovation Bay angel dinner.
Last week, StartupSmart reported on the unveiling of the five tech start-ups that will be taking part in the inaugural Startmate program.
Recently, prominent VC blogger Mark Suster was asked who his favourite bootstrapping companies were.