Growth Strategy

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Facebook acquires founders of Carsabi, but not the start-up itself

10:45PM | Tuesday, 2 October 2012 | Michelle Hammond

Facebook has acqui-hired the founders of Y Combinator start-up Carsabi, who are attempting to sell the service to focus on their new jobs, which could include Facebook’s new “Gifts” feature.

Banker by day – start-up investor by night

10:54PM | Tuesday, 2 October 2012 | Oliver Milman

Nick Reade is balancing his role as general manager of small business banking at ANZ with investments in start-ups. In his own words, here’s how he manages it. BY OLIVER MILMAN.

SMEs gearing up for Christmas discounting frenzy: Report

10:15PM | Monday, 1 October 2012 | Oliver Milman

Australian businesses are gearing up for a concerted spate of discounting in order to spur spending heading into Christmas, with expectations for selling prices hitting a 20-year low, according to new research.

On-demand car service Uber looks to assemble Sydney founding team

10:01PM | Monday, 1 October 2012 | Michelle Hammond

US-based car service Uber is looking to hire Australian employees to launch the business locally, after announcing its plans to head to Sydney, and will offer equity options as part of the package.

Time to storm into a new market

10:31PM | Monday, 1 October 2012 | Taskmaster

There's a clear business lesson in the AFL and NRL Grand Finals this year. If you’re aiming for growth, be prepared to make long-term investments.

Facebook uses Karma acquisition to create “Gifts” feature

9:21PM | Friday, 28 September 2012 | Michelle Hammond

Facebook has rolled out a new feature called Gifts, allowing users to send each other real-life presents, believed to be the direct result of its acquisition of mCommerce start-up Karma.

Sydney start-up OpenLearning to go up against Coursera

9:14PM | Friday, 28 September 2012 | Michelle Hammond

Sydney start-up OpenLearning will go up against online education heavyweight Coursera as it prepares to launch a range of free and paid courses.

Taxes grind Bean Bar into liquidation as franchisees continue brewing

9:52PM | Friday, 28 September 2012 | Cara Waters

A liquidator has been appointed to the company behind the Bean Bar coffee shop franchise.

Take a Grand Final day break

9:39PM | Friday, 28 September 2012 | Taskmaster

One of the things that entrepreneurs and soloists are notorious for is devoting every waking moment to their businesses. It’s time to make Grand Final day an exception.

“Facebook for sports” start-up to go global after raising $2.5 million

9:00AM | Friday, 28 September 2012 | Michelle Hammond

A Melbourne-based start-up that describes itself as “Facebook for sports” says it intends to go global with its gamified social network, having raised more than $2.5 million to date.

Singapore and NZ outshine Australia as business-friendly nations: Report

9:09PM | Thursday, 27 September 2012 | Michelle Hammond

Singapore is the world’s most business-friendly nation, according to a study by the World Bank, which shows New Zealand ranks third while Australia doesn’t even make the top 10.

Outback Jacks’ expansion highlights rise of all-Australian offerings

9:33PM | Wednesday, 26 September 2012 | Michelle Hammond

Restaurant chain Outback Jacks Bar & Grill will expand its network in NSW and the ACT after appointing a master franchisee, who is also looking at opportunities in the United Arab Emirates and New Zealand.

Collapse of iconic Adelaide bookstore Mary Martin highlights ongoing pain in book market

9:08PM | Wednesday, 26 September 2012 | Patrick Stafford

Booksellers are among the retailers hardest hit by online competition and tough economic conditions.

UniQuest clean tech start-up Brisbane Materials snags $5 million

9:50PM | Tuesday, 25 September 2012 | Michelle Hammond

Clean tech start-up Brisbane Materials, which has emerged from research commercialisation firm UniQuest, has closed a $5 million Series A funding round as it seeks to scale up its R&D, manufacturing and marketing both domestically and overseas.

Debt-ridden UK to spend billions on start-up lending

9:39PM | Tuesday, 25 September 2012 | Oliver Milman

The UK government has pledged to create a bank for small business lending, despite predictions the country could be set for a bigger budget deficit than Greece or Spain next year.

Aussie start-ups on alert for 2014 green card lottery

9:58PM | Monday, 24 September 2012 | Michelle Hammond

A US-based Australian entrepreneur is encouraging local start-ups to apply for the United States’ Diversity Visa Program for 2014, also known as the green card lottery.

Top five tips to get into a US start-up accelerator

9:20PM | Monday, 24 September 2012 | Oliver Milman

While the number of Australian accelerators continues to grow, the US still remains the “major league” for start-ups. Here are five tips to help you get into an American accelerator. BY OLIVER MILMAN.

The three phases from spare room to $100 million

9:59PM | Friday, 21 September 2012 | Oliver Milman

Starting a venture is one thing, but scaling it into a successful, sustainable business is quite another. Here, serial entrepreneur Steve Blank explains the three phases every start-up needs to go through if it is to grow.

Melbourne co-working space Electron Workshop partners with Flexicar

9:02PM | Friday, 21 September 2012 | Michelle Hammond

Melbourne will get another co-working space in the form of Electron Workshop, which plans to build a dedicated hacker area within the venue.

Five great online courses for start-ups

9:13PM | Friday, 21 September 2012 | Oliver Milman

Time and cost used to be major barriers to people studying. Thankfully, many business courses are now available online for free. Here are five of the best. BY OLIVER MILMAN.

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