Spreets co-founder Dean McEvoy has declared himself a “start-up guy”, after it was confirmed he and fellow co-founder Justus Hammer are leaving Yahoo!7, which acquired Spreets last year.
Gone are the days when you can choose your new business’ name and logo safe in the knowledge that it won’t immediately be picked apart by consumers across the world.
Yahoo!7 may be starting to encounter the downside of the group buying industry as a new report indicates the media giant is no longer expected to make any more performance-related payments to its subsidiary Spreets.
The number of intellectual property lawsuits being filed by major tech companies could prevent future entrepreneurs from achieving success, according to Apple co-founder Steve Wozniak.
Business Council of Australia president Tony Shepherd has warned the Federal Government against pursuing a surplus at the cost of lower productivity.
Pollenizer-backed start-up Pygg has raised $600,000 in six months from a host of investors, including Yahoo!7 chief Rohan Lund and Tim Howard of Seven Network’s Vividwireless.
Australian software company Atlassian is encouraging start-ups to apply for its “FedEx Day”, with the winner gaining access to a 24-hour innovation event hosted by Atlassian engineers.
Businesses that create content based on popular search terms must ensure they have a relevant tie-in, an expert advises, after Yahoo!7 released its search trend data for 2011.
Tech start-up Pygg went public today with a new app that allows consumers to send and receive money through social networks, but doubts loom over the perceived security of such systems.
Start-up incubators are not exactly new. The concept of helping foster promising young businesses formally kicked off in 1959, when the Batavia Industrial Center in New York opened its doors for the first time.
For those who struggle to manage the constant stream of newsletters, store promotions and daily deals to their inbox, OtherInbox can separate the important stuff from the junk.
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.