Growth Strategy
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Xero acquires Max Solutions after raising $15m
2:51PM | Thursday, 2 February 2012 | Michelle HammondAccountancy software company Xero has raised $15 million to fund global growth and has made its first acquisition for the year, snapping up Max Solutions in a deal worth almost $5 million.
Ryan Seacrest scores $300 million to invest in media companies
2:40PM | Thursday, 2 February 2012 | Michelle HammondAmerican radio host Ryan Seacrest has raised his profile as a celebrity-turned-entrepreneur, after his investment company received $300 million to invest in other media companies and projects.
Pretend you’ve got a Gina Rinehart
2:06PM | Wednesday, 1 February 2012 | TaskmasterIf you are the sole shareholder in your company or you have few shareholders, think about what would happen if a new shareholder joined your business.
Atlassian sends software graduates to Hack House
2:03PM | Wednesday, 1 February 2012 | Michelle HammondAustralian software giant Atlassian have taken the hackathon concept one step further, sending 10 software gradates to its Hack House for a week of training, coding and team-building activities.
Pollenizer’s Pygg raises $600k while Wooboard heads to US
2:41PM | Wednesday, 1 February 2012 | Michelle HammondPollenizer-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.
Google, Microsoft entice start-ups via self-promotion
1:53PM | Tuesday, 31 January 2012 | Michelle HammondTech giants Google and Microsoft have offered new incentives to start-ups and small businesses in an attempt to increase the user numbers for their respective technologies.
Springwise Wildcard accelerator hunts for start-ups
1:21PM | Tuesday, 31 January 2012 | Michelle HammondApplications close today for the Springwise Wildcard scheme, which will see start-ups travel to Amsterdam to participate in the Rockstart accelerator program.
Founder Soup to allow entrepreneurs to pitch for co-founders
1:15PM | Monday, 30 January 2012 | Michelle HammondStanford University and VC firm Andreessen Horowitz have launched a start-up generator titled Founder Soup, whereby entrepreneurs pitch their ideas in a bid to recruit co-founders.
Facebook IPO tipped to spark start-up acquisitions
1:09PM | Monday, 30 January 2012 | Michelle HammondFacebook could file for an initial public offering as early as this week, according to reports, which would value the company at up to $US100 billion.
Ireland the latest nation to cast net for foreign entrepreneurs
1:44PM | Friday, 27 January 2012 | Michelle HammondIreland is the latest nation to appeal to foreign entrepreneurs to do business in the region, in a desperate bid to boost employment, following similar initiatives in the United States and Britain.
Small business success defined by growth or lifestyle: Academic
1:04PM | Tuesday, 24 January 2012 | Michelle HammondThe definition of success among small firms depends on whether they are motivated by growth or lifestyle, an academic says, but both have the potential to be profitable.
Starfish Ventures pours $500k into tech start-up BugHerd
1:54PM | Tuesday, 24 January 2012 | Michelle HammondAustralian tech start-up BugHerd has secured a $500,000 investment from local venture capital firm Starfish Ventures, which will be used to bolster the BugHerd team and scale its product.
Innovation in Entrepreneurship course to offer $50k in cash prizes
1:48PM | Tuesday, 24 January 2012 | Michelle HammondStart-ups are being encouraged to secure a spot in a 12-week course titled Innovation in Entrepreneurship, a national entrepreneurship program delivering $50,000 in cash prizes.
99dresses shuts down amid financial woes
1:46PM | Monday, 23 January 2012 | Michelle HammondAustralian start-up 99dresses has temporarily closed its doors after 20-year-old founder Nikki Durkin ran into financial troubles, although the business’ former incubator is confident that Durkin will bounce back.
Y Combinator tells start-ups to “kill Hollywood” over SOPA
1:40PM | Monday, 23 January 2012 | Michelle HammondUS-based start-up incubator Y Combinator says it will invest in companies that challenge Hollywood and the movie industry, after the US Congress put two antipiracy bills on hold.
Skype co-founder Janus Friis launches latest venture in Australia
1:27PM | Monday, 23 January 2012 | Michelle HammondSkype co-founder Janus Friis has celebrated the Australian launch of his latest venture, a music streaming service known as Rdio, joining the likes of Spotify and We Are Hunted in the online music space.
GeoNext rolls out pitching competition for location-based start-ups
1:22PM | Monday, 23 January 2012 | Michelle HammondThe GeoNext Startup Showcase has launched with the promise of a pitching contest and investor networking for location-based tech start-ups.
Economist dismisses dollar-pound exchange strength
1:18PM | Thursday, 19 January 2012 | Michelle HammondCompanies looking to do business in the United Kingdom shouldn’t expect any short-term gains, an economist says, despite the Australian dollar hitting a 27-year high against the British pound.
Yahoo co-founder Jerry Yang resigns
1:39PM | Wednesday, 18 January 2012 | Michelle HammondYahoo co-founder Jerry Yang has resigned from the board of directors and all other positions within the company, as it attempts to revive its revenue growth under the control of a new CEO.
Atlassian doubles revenue despite no sales staff
1:45PM | Wednesday, 18 January 2012 | Michelle HammondAustralian software giant Atlassian has revealed it doesn’t employ salespeople among its 450-strong workforce, but has still managed to almost double its revenue over the past 18 months.
