The recent outburst of rapping at the Canva Create event in Los Angeles has proven to be another dazzling cultural flashpoint between Australian and US tech. Well, here at least. We believe it’s not a coincidence that an event like this occurred right after a billion dollar share sale rightfully turned many early Canva employees… Read more »
There’s an old adage in the acting business that you can’t become a household name back home, without first cracking Hollywood. In the wake of PsiQuantum’s success, and another underwhelming Federal Budget, that could be extended to the startup sector too, with growing unease in the local ecosystem that the government doesn’t fully understand or… Read more »
Australia is one of the most creative nations in the world with a research sector that produces innovative and imaginative solutions to difficult global challenges. We generate 3.4% of the world’s research with just 0.33% of its population. Tragically we have failed to capitalise on this wonderful achievement. We fail to convert this research into… Read more »
What do reducing domestic violence associated with pornography use and data breaches by local clubs across NSW have in common? The commonality is in part of the solution. It is solving the digital identity problem. It is being able to overcome the downsides of existing digitally, which is an unregulated free-for-all for kids, and currently… Read more »
Looking to hire your next developer in Singapore, or get boots on the ground to break into the US? Australian startups can now fast-track what can often be glacially slow and complicated employment processes. Australian businesses are thinking more globally than ever before. Tech skills shortages are leaving acute gaps in our startup ecosystem (nearly… Read more »
Entrepreneurs are the lifeblood of any innovative economy. New business creation has been shown to have a significant and positive impact on economic growth, innovation and job creation. But it isn’t easy, and most new businesses fail. When someone starts a business, they usually aren’t doing it alone – their whole family forms part of… Read more »
There are days when I wake up and wonder what we’ve done. Let’s start with our origin story. Fiona Boyd and I were staring at a pile of consent forms for our three children on the kitchen counter. I was finishing up nearly five years of contracting for a SasS (Software-as-a-service) firm in San Francisco… Read more »
I am pleased to see the Australian government’s new budget allocates a $23 billion package for renewable energy innovation and development and $10.7bn to health and aged care. These investments are significant, but they also highlight a critical need for a shift in policy towards investments in proactive and preventive measures in healthcare. As the… Read more »
The federal budget is 26 million seagulls (us) arguing over a $630 million chip. And the treasurer, currently Jim Chalmers, has to play parent and decide who gets pocket money, while also knowing that when we shout “you’re not my real dad”, we can really mean it every three years. As the editor of Startup… Read more »
Startup investing is risky AF and it’s also very beneficial to the Australian economy so the government has a number of different incentives to encourage it. Today, we are going to talk about one of these incentives called “Early Stage Innovation Company” (ESIC) which targets angel investors. If the stars align, then ESIC could mean… Read more »
Judy Anderson-Firth is CEO of Euphemia, the family office of serial entrepreneur Dom Pym, founder of UpBank. She recently sat down with Cheryl Mack from Aussie Angels and Maxine Minter from Co Ventures to talk about her experience as an investor on their podcast, First Cheque. It’s both an aspirational and practical discussion, where Anderson-Firth shares… Read more »
Thinking of starting a small business? Exciting isn’t it? That was me nine years ago. I had an idea for a Registered Nurse led professional ear wax removal business using safe and gentle microsuction. In these nine years we have grown from one clinic opening four hours a week, to a nationwide business clearing the… Read more »
The arrival of Uber and its ilk in Australia has seen more $1 billion in taxpayer funds handed to the what’s now known as the point-to-point transport (ie including taxis) sector in compensation. And users in NSW will continue to be slugged for it until the end of this decade. The entire sector has been… Read more »
Away from the VC mega-round headlines or the hard stories of founders who can’t raise capital at any price, is the solvable problem of how much money a new founder should raise. I’ve participated in hundreds of investments where founders have opted for different answers to this question, and watched the consequences unfold over the… Read more »
No founder achieves greatness without getting spooked along the way. So the challenge is how you vanquish those demons, with the right ghostbusters by your side, that makes all the difference. Funding and customer growth may be the loudest concerns we hear from startups, but there’s a lot more happening beneath the surface that should… Read more »
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