Advice

Why VCs need to think harder about ESG if they want to build better companies

- November 4, 2021 3 MIN READ

With officials from nearly 200 countries having gathered for COP26, the well-known annual United Nations Climate Change Summit, Environmental, Social and Governance (ESG) issues are top of mind for business leaders. In a world that is rife with division as humanity grapples with changes and challenges caused by an ongoing global pandemic, ecosystem collapse, supply… Read more »

Advice

Giant Leap’s Small Steps: Trillion-dollar commitments and ‘blah blah blah’ from the COP26 climate conference

- November 4, 2021 4 MIN READ

Welcome to Giant Leap’s Small Steps, a newsletter offering global insights and news on the impact startups landscape. We share an edited version with Startup Daily readers every fortnight. Giant Leap is Australia’s first impact venture fund, and they use this newsletter to surface the ideas and businesses that intrigue and inspire them and broaden… Read more »

New Zealand, Hobbit
Business

If New Zealand entrepreneurs are going to have any chance of survival, the government needs to reopen the borders now

- November 3, 2021 3 MIN READ

In the 2012 book Why Nations Fail, James A. Robinson and Daron Acemoglu look at why some great nations are destined to fail and some to succeed. One major theme amongst failures is leaders that aren’t prepared to share the success of a nation, and keep all the glory for themselves, eventually leading to revolt.… Read more »

Employment, interview, job
Advice

The ‘great resignation’ isn’t happening in Australia – and that’s a even bigger problem for wages growth

- November 2, 2021 3 MIN READ

In the wake of a jump in the proportion of workers quitting jobs in the United States – dubbed the “Great Resignation” – Australia’s media has been warning of a surge in resignations here. “Here comes the Great Resignation,” reads one headline; “Millions of Aussies predicted to leave jobs” reads another. In fact: there is… Read more »

Business

Sex and drugs and TikTok rolls: How to keep kids safe from adult content on social media

- October 31, 2021 4 MIN READ

You may have read recently that TikTok allegedly “serves up” sex and drug videos to minors. Media reports have described the video-sharing platform, which is designed predominantly for young people, as an “addiction machine” that promotes harmful content. In an investigation, reporters at the Wall Street Journal created 31 bot accounts on TikTok, each programmed… Read more »

Mark Zuckerberg
Business

Facebook rebrands its parent company as ‘Meta’ as it looks dominate the metaverse

- October 29, 2021 4 MIN READ

Facebook chief executive Mark Zuckerberg has announced the company will change its name to Meta, saying the move reflects the fact the company is now much broader than just the social media platform (which will still be called Facebook). The rebrand follows several months of intensifying discourse by Zuckerberg and the company more broadly on… Read more »

Global tech

Australia’s competition regulator wants to put an end to Google’s dominance as a search engine

- October 28, 2021 2 MIN READ

The Australian Competition and Consumer Commission (ACCC) wants to end Google’s reign as the default search engine for Australians, saying its dominance has likely “stifled innovation and reduced consumer choice”. The consumer watchdog released the interim report of its Digital Platform Services Inquiry on Thursday and has taken aim at Google for penning deals to ensure its Search… Read more »

Advice

Why marketplace startup founders need to learn the simple rule that a butcher’s customer is not the cow

- October 27, 2021 3 MIN READ

I was reminded of an important analogy in a first mentoring session with prototype-stage startup. They’re building a two-sided marketplace in a smartphone app. They couldn’t wait to show me the app and were surprised and initially a little miffed that I wasn’t interested in seeing a demo. From my background notes I could guess… Read more »

Tom Cruise Minority Report
Politics

The Australian government wants to expand its digital ID system. Here are several things in the plan you should be concerned about

- October 27, 2021 4 MIN READ

The federal government has been asking the public for feedback on proposed legislation to create a “trusted digital identity” system. The aim is for Australians to use it to prove their identity when accessing public services. I first found out about the draft Trusted Digital Identity Bill not through my research at the intersection of… Read more »

cattle, wrangle, cowboy
Business

The Australian government is going after social media companies with $10 million fines for privacy breaches

- October 26, 2021 3 MIN READ

The government is getting ready to hand out $10 million fines for companies mismanaging user information with new legislation targeting social media companies. A draft of the Privacy Legislation Amendment (Enhancing Online Privacy and Other Measures) Bill 2021 – or the Online Privacy Bill for short – was circulated on Monday. The bill aims to… Read more »

Funding

The founder of climate tech startup Cogo explains why he wants to rewrite the rules on investing in startups to favour smaller investors

- October 26, 2021 4 MIN READ

We often hear witty comparisons being made between startups and babies. A recent, timely paper titled ‘Exit to community’ does the same. A startup is your (brain) child, a long-term commitment that needs constant love and attention. You’re going to experience significant growing pains and that ‘baby’ will cry at any hour of the day… Read more »

Zoe Daniel
Other

Bright Sparks: 5 events to light your spark this week

- October 25, 2021 2 MIN READ

Spark Festival – Australia’s biggest event for founders, business owners and anyone looking to hustle their way out of Covid, hits its third and final week this week. The full program is massive, so to help you out we asked Spark Festival director Maxine Sherrin to pick out 5 things worth putting in the diary for the week ahead.… Read more »