There are big dollars to be had in the burgeoning ‘pink dollar’ market. However, companies need to get the basics right first. BY MATTY SOCCIO.
US-based companies raise almost five times more capital than Australian companies in the early stages, according to a new report, which also shows that Sydney remains our largest start-up hub.
Start-ups often underestimate the time required to raise capital, says the co-founder of Starfish Ventures, following a $2 million investment in an email and web communication company.
The Irish Government is offering an Australian start-up the chance to participate in prestigious incubator program LaunchPad, after launching a venture capital fund for offshore companies.
The Australian general manager of US-based car service Uber has offered start-ups some advice after spending five years in Silicon Valley, as the business gears up for its Australian launch.
In a recent speech, Malcolm Turnbull lamented that too many start-ups fail in their early stages. Here are five common reasons why businesses fail. BY OLIVER MILMAN.
Sydney incubator Foundry has revealed investments in two further start-up ventures, announcing that it is looking to raise up to $20 million to turn itself into a fully-fledged venture capital fund next year.
A record number of private businesses were up for sale in the September quarter, creating a unique opportunity to gather intelligence about your industry.
Malcolm Turnbull, the Opposition communications spokesman, says Australia needs to start celebrating the “creative destruction” of industries in order to foster innovation.
Earlier today, I got a call from one of our sales reps, who was returning from an interstate business trip. It was time to lay down the law!
Sydney-based tech start-up Tapestry, which has created a social media platform suitable for older people, has snagged $600,000 in a funding round led by Sydney Angels, having already won two grants from Commercialisation Australia and a national iAward.
Game developers will benefit from a $20 million fund unveiled by the Federal Government, on the back of research showing consumers spent $1.5 billion on interactive games last year.
A new co-working space has opened on the Gold Coast after partnering with existing venue Gold Coast TechSpace, adding to the list of co-working spaces and incubators in the Sunshine State.
Music streaming service Spotify is set to close a $100 million funding round that would value the company at $3 billion.
Wine retailer Naked Wines has recruited more than 2,000 “angels”, who have raised $1 million to fund wine made by up-and-coming independent winemakers.
A new investment fund is aiming to raise an initial $50 million from private and institutional investors both here and overseas in order to finance medical, defence and technology devices.
A new report reveals franchises contribute around $20 billion to the New Zealand economy, suggesting the market is ripe with opportunity, but 88% of those franchises are home-grown.
The company that acquired trip planning app TripIt has launched a $150 million fund, which will be used to invest in start-ups focused on innovations in the travel and expense space.
Richard Branson-backed start-up Codecademy has partnered with an elite college in Melbourne’s east thanks to Australian Rhodes Scholar Leng Lee, the start-up’s first employee.
Group buying niche players have been warned of tough times ahead following predictions that consumer spending in the sector will drop to $530 million this year, revised down from more than $600 million.