How I did it
John Kelly from Atomo Diagnostics thought he had a financial backer, until they were taken over. This is how he saved his business. BY MICHELLE HAMMOND.
With Valentine’s Day just one day away, many retailers are relying on the temporary spending splurge to boost sales, despite consumers’ cynical views on the commercial nature of the event.
Australia is performing strongly when it comes to new business start-ups, with the nation recording the third highest number of new ventures among the world’s G8 economies, according to a new report.
Food franchise Pie Face has expanded to the United States, opening its first store in the heart of New York, but has tweaked its all-Australian offering only slightly for the US market.
Plenty of start-ups admit they would do things differently if there were to have their time over. Here, four businesses that launched in 2011 explain what hindsight has taught them. BY NINA HENDY.
Credit reporting service CreditorWatch has secured funding from Nightingale Partners in what is understood to be a multimillion deal, as it sets its sights on major clients including the big banks.
Facebook’s flotation has revealed that 12% of its revenue in 2011 came from social gaming company Zynga, with the social media giant admitting its performance will become increasingly reliant on new innovations.
We want to do $1 million in hardware in the next year. We already have relationships with buyers in China and the US, so we are looking for worldwide distribution. BY OLIVER MILMAN.
Pollenizer-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.
Which start-ups have made the grade in this year’s Startmate program? Over the next two days, we will profile all eight. Here, we speak to the first four. BY OLIVER MILMAN.
Roboinvest, an Australian-run, New York-based start-up, has made the final of a worldwide funding competition for financial services ventures.
The founders of Lorna Jane and T2 are among the finalists for this year’s Veuve Clicquot Business Woman Award, with the shortlist recognised for their achievements in everything from food to fashion.
An Australian firefighter has sold his invention, a system that deploys hoses more quickly, to the London Fire Brigade a little over two years after he devised the idea.
Australian 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.
Entrepreneurial network Women 2.0 has unveiled this year’s finalists of the Women 2.0 PITCH Startup Competition, including a shopping Q&A platform and a social app for college students.
Investments in clean tech companies grew 13% to $8.99 billion in 2011, according to the Cleantech Group, with Australian companies starting to make their mark on the global market.
Australian start-up Immortal Outdoors will receive $40,000 to do business in Chile for six months, after being selected to participate in worldwide acceleration program Start-up Chile.
A new Australian cloud-based platform called supporter360 has already been snapped up by organisations with a combined income of $500 million, despite still being in its pre-launch phase.
We present the top 10 fledgling entrepreneurs and start-up industry players who caught our eye in 2011. BY MICHELLE HAMMOND.
Kaggle co-founder and chief executive Anthony Goldbloom has been named one of Forbes’ 30 Under 30 top tech entrepreneurs, one month after the Australian start-up secured $US11 million in funding.