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Pets Paradise problems just beginning for franchisees
8:57PM | Friday, 3 August 2012 | Cara WatersThe appointment of receivers to Pets Paradise this week did not include stores operated by franchisees, but franchising experts warn there are still difficult times ahead for franchisees.
Franchisee hunt starts as Zarraffa’s Coffee takes One for the Road
8:26PM | Thursday, 2 August 2012 | Michelle HammondQueensland-based coffee franchise Zarraffa’s Coffee will seek out franchisees for the five drive-thru sites of One for the Road, a WA specialty coffee chain that has been purchased by the company.
What’s your business worth?
8:10PM | Wednesday, 1 August 2012 | Greg HayesKeeping in mind the potential value of your business will help you stay on track to building a business that can be sold for a good price. BY GREG HAYES.
Google gobbles up NZ social media start-up Wildfire
8:33PM | Wednesday, 1 August 2012 | Michelle HammondGoogle has acquired New Zealand-founded social media start-up Wildfire for a reported $US250 million, with the start-up expected to help Google expand further into social media.
The start-up dilemma: Sell up or remain solo?
7:57PM | Tuesday, 31 July 2012 | Leon GettlerWhat are your options when a big company comes knocking with a nice set of numbers and a contract to sign? It’s a dream for some and a tricky proposition for others. BY LEON GETTLER.
Incubator BlueChilli makes its first start-up acquisition in Vividways
7:00AM | Monday, 30 July 2012 | Oliver MilmanStart-up incubator BlueChilli has made its first full acquisition of a venture, snapping up Vividways, an app designer and developer that specialises in loyalty programs.
Optus set to tuck into start-up scene after $6 million Eatability purchase
7:02PM | Friday, 27 July 2012 | Michelle HammondTelecommunications giant Optus is ramping up its involvement in the start-up sector after acquiring Sydney-based food site Eatability for $6 million.
Airbnb snaps up photoblogging site to fuel mobile expansion
7:16PM | Wednesday, 25 July 2012 | Michelle HammondUS-based accommodation website Airbnb has “acqui-hired” Y Combinator start-up DailyBooth for an undisclosed sum, in what is believed to be Airbnb’s first acquisition.
Peter Thiel makes first Aussie start-up investment, swoops for ScriptRock
7:00AM | Wednesday, 25 July 2012 | Oliver MilmanPayPal co-founder and Facebook backer Peter Thiel has made his first investment in an Australian company, leading a $1.2 million round for a stake in Sydney tech start-up ScriptRock.
VMware shells out eye-watering $1.26 billion for cloud start-up Nicira
7:53PM | Tuesday, 24 July 2012 | Michelle HammondSoftware giant VMware has acquired Californian cloud start-up Nicira for a staggering $1.26 billion, in a deal that is expected to have major ramifications for technologies in the sector.
Google acquires Apple-inspired start-up to work on Gmail
7:49PM | Monday, 23 July 2012 | Michelle HammondTech giant Google appears increasingly willing to tweak its software to run on arch rival Apple’s hardware, after acquiring a start-up that develops email applications for Apple devices.
Almost one-fifth start up as a future investment strategy: MYOB
7:00PM | Friday, 20 July 2012 | Michelle HammondAlmost one-fifth of entrepreneurs start their business as an investment strategy for the future, according to the latest MYOB research, while 18% start up because they want a seachange.
PayPal says card.io acquisition won’t affect developers
7:23PM | Wednesday, 18 July 2012 | Michelle HammondOnline payments provider PayPal has acquired US-based start-up card.io, but insists card.io’s software development kits for iOS and Android will continue to remain available for developers.
Buffett awards Berkshire Hathaway stock to young entrepreneurs
7:05PM | Monday, 16 July 2012 | Oliver MilmanBillionaire speculator Warren Buffett has given away $13,000 worth of highly-prized shares in his company, Berkshire Hathaway, to a group of budding entrepreneurs aged under 16.
Start-ups warned over “acqui-hire” trend following Facebook’s latest purchase
7:49PM | Monday, 16 July 2012 | Michelle HammondStart-ups need to “recognise the tradeoffs” with regard to acqui-hires, according to tech start-up expert Mick Liubinskas, after Facebook snapped up the team behind mobile content-caching start-up Spool.
Aussie tech start-up 5th Finger acquired by US giant Merkle
7:09PM | Thursday, 12 July 2012 | Michelle HammondAustralian-founded mobile solutions provider 5th Finger has been acquired by customer relationship management firm Merkle, five years after relocating from Sydney to the US.
Freelancer.com snaps up Canadian site in global growth strategy
7:40PM | Tuesday, 10 July 2012 | Michelle HammondAustralian start-up success story Freelancer.com has added another company to its portfolio, acquiring Canadian freelance marketplace Scriptlance, as it seeks to enhance its global presence.
News Limited-backed SportingPulse acquires BellvueIT
7:20PM | Wednesday, 4 July 2012 | Michelle HammondCommunity sporting network SportingPulse, which is now majority-owned by News Limited, has acquired content management system BellvueIT.
APN kicks off investment deal in fledgling start-up MyTeamDeals
6:00AM | Friday, 29 June 2012 | Oliver MilmanAPN News & Media has continued its start-up investment spree by taking a sizeable stake in MyTeamDeals, a group buying platform for sporting clubs that was only launched at the start of the year.
Know what your company is worth
6:38PM | Tuesday, 26 June 2012 | TaskmasterIf someone knocked on your door with an offer to buy your business, what would you tell them? Would you know if they offered you a fair price?
