News

January 2014

REA Group buys start-up for $15 million: The founders share their story

1:30PM | Tuesday, 14 January 2014 | By Rose Powell Chris Koch and Chad Stephens, the co-founders of 1Form.com, just sold their business to one of Australia’s top real estate websites for $15 million. Here’s how they did it.

Consultant sourcing online marketplace Expert360 raises $1 million for rapid expansion

1:17PM | Tuesday, 14 January 2014 | By Rose Powell Emily Yue and Bridget Loudon, the co-founders of Australian-based online expert consultant marketplace Expert360, reveal how they raised $1 million in funding to expand their business overseas.

Why Google has just bought a smoke alarm company for $3.2 billion

1:58PM | Tuesday, 14 January 2014 | By Cara Waters Google’s decision to buy a smoke detector company seems counter-intuitive. However, there's far more at stake than just the fire detector market.

My part-time venture: How to juggle a job with your own business

1:42AM | Tuesday, 14 January 2014 | By Nina Hendy Many start-ups are launched by people building their business while also holding down a full-time job. We track down some committed Australians with big dreams to find out how they do it.

THE NEWS WRAP: Telstra sells Sensis and aims to lift dividends in long term

1:16AM | Tuesday, 14 January 2014 | By Gavin Lower Telstra plans to streamline its business and increase dividends to shareholders after selling 70% of its Sensis directories business, which prints the Yellow and White Pages, to US private equity firm Platinum Equity for $454 million.

Trading places: Investors pitch to entrepreneurs at reverse pitch event

1:04PM | Monday, 13 January 2014 | By Rose Powell A Melbourne club for entrepreneurs is hosting its first “reverse pitching” night, where six start-up investors will pitch to a room of entrepreneurs.

Western Australia to launch national tech festival with sizeable international contingent

1:35PM | Monday, 13 January 2014 | By Rose Powell The West Tech Fest will launch in Perth this Friday, bringing together hundreds of developers, start-up entrepreneurs and investors from across Australia and beyond.

Employee share scheme tax treatment needs reform to support start-ups, say accountants

1:23PM | Monday, 13 January 2014 | By Gavin Lower Australia’s accountants have joined calls to reform the tax treatment of employee share schemes, saying current arrangements create an uncompetitive environment for start-ups.

Build-your-own-robot toolkit start-up takes CES by storm

1:06PM | Monday, 13 January 2014 | By Rose Powell When Daniel Pizzata and Adam Ellison were offered the chance to present their ModBot robot building blocks at the CES, they scrambled to incorporate their company and get across to the US in time.

Medical device start-up shares their story wrangling their way through Australian regulatory hurdles

1:57PM | Monday, 13 January 2014 | By Rose Powell Digital Medics is set to launch the world’s first digital insulin pen in Australia, having cleared the Therapeutic Goods Administration process.
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