Growth Strategy

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Electronic Arts cross a Firemint with an IronMonkey and get Firemonkeys

7:26PM | Wednesday, 25 July 2012 | Michelle Hammond

Entertainment giant Electronic Arts is merging Melbourne-based games studios Firemint and IronMonkey to form Firemonkeys, one year after EA acquired Firemint for an undisclosed sum.

Airbnb snaps up photoblogging site to fuel mobile expansion

7:16PM | Wednesday, 25 July 2012 | Michelle Hammond

US-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 Milman

PayPal 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.

Sydney tech start-up OrionVM sniffs out Series A funding in US

7:00AM | Tuesday, 24 July 2012 | Michelle Hammond

Sydney-based tech start-up OrionVM is preparing to close a Series A round in the United States, with plans to open an office in San Francisco and a datacentre in Silicon Valley.

Predicted end of mining boom has start-ups scrambling

7:53PM | Monday, 23 July 2012 | Michelle Hammond

Start-ups looking to leverage the growth of the mining industry are being encouraged to act fast, with a report by Deloitte Access Economics insisting the boom will be over in less than two years.

Google acquires Apple-inspired start-up to work on Gmail

7:49PM | Monday, 23 July 2012 | Michelle Hammond

Tech 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.

Westfield evicts online retailer StyleTread after tenant backlash

7:45PM | Monday, 23 July 2012 | Michelle Hammond

Local online shoe retailer StyleTread is remaining tight-lipped about its clash with Westfield, after the start-up’s kiosk was closed at Parramatta following a conflict with existing tenants.

Why the price is rarely right for start-ups

7:39PM | Monday, 23 July 2012 | Nina Hendy

Setting prices can be tricky: Too low and you go broke, too high and you scare off potential consumers. Thankfully, there are ways to make sure your price is always right. BY NINA HENDY.

Develop a tagline

7:22PM | Thursday, 21 July 2011 | Taskmaster

Just Do It. Life's Good. Think Different. You may not be able to afford an ad agency, but you can still come up with a decent tagline.

Almost one-fifth start up as a future investment strategy: MYOB

7:00PM | Friday, 20 July 2012 | Michelle Hammond

Almost 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.

Flash-sale site Fab scores $US105 million in funding, Groupon tumbles

7:55PM | Friday, 20 July 2012 | Cara Waters

The group deal sector is in flux but big deals and investments are still being made.

Startup Leadership Program opens first Australian chapter

7:00AM | Friday, 20 July 2012 | Michelle Hammond

The US-based Startup Leadership Program has opened its first Australian chapter in Melbourne, led by start-up expert Grant Downie, with applications now open for the class of 2013.

10 ways retailers can flourish

7:40PM | Thursday, 19 July 2012 | Oliver Milman and Michelle Hammond

It would be an understatement to say it’s been a bad year in retail. Just ask Fletcher Jones, GAME or Dick Smith. Thankfully, there are ways proactive retailers can see out this downturn. BY OLIVER MILMAN.

MOL Global launches locally by investing in niche payment service provider

7:02PM | Wednesday, 18 July 2012 | Michelle Hammond

Local payment service provider ocash has received a majority investment from Southeast Asian internet giant MOL Global, which will use ocash as a foray into Australia and New Zealand.

Food chains soar as independents fall out of favour

7:00AM | Wednesday, 18 July 2012 | Michelle Hammond

Franchises appear to be spearheading growth in the food industry, according to a new report, which shows café chains grew by 5.2% in 2011 while independent cafés declined.

Pop goes the start-up

7:13PM | Tuesday, 17 July 2012 | Oliver Milman

Many web start-ups are opening temporary physical stores to boost their profile and sales. While traditional retail is in decline, pop-up shops are bucking the trend. BY OLIVER MILMAN.

Social Startup 48 looking to unearth social entrepreneurs

7:48PM | Tuesday, 17 July 2012 | Michelle Hammond

A new start-up organisation is marketing itself as a genuine alternative to its tech-heavy competitors, running events whereby entrepreneurs build start-ups with a positive social impact.

Make your improved version smaller, not bigger

7:12PM | Monday, 16 July 2012 | Taskmaster

At Taskmaster Enterprises, we've just reduced the size of our flagship product. Here’s why your business should do the same.

Buffett awards Berkshire Hathaway stock to young entrepreneurs

7:05PM | Monday, 16 July 2012 | Oliver Milman

Billionaire 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.

10 top start-up competitions to check out

7:33PM | Monday, 16 July 2012 | Oliver Milman

Increasingly, investors keen for a return are using competitons to determine which start-ups should receive funding. If you’re hunting for funding, here are the 10 big competitions you must be familiar with. BY OLIVER MILMAN.

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