The Founders of Campaign Monitor, David Greiner and Ben Richardson, have just secured USD$250 million (AUD$266 million) of funds from US-based venture capital firms, after 10 years of bootstrapping. This is the largest capital injection experienced by an Australian technology startup ever.
Social Enterprises, unprofitable, unscalable and uninteresting.
That is, at least to the majority of Australian investors according to opinions of many innovators in the community that has now almost become a subset of the startup ecosystem we call social entrepreneurs.
Sydney-based design startup Canva has just announced a double slam-dunk, with former Apple Chief Evangelist Guy Kawasaki joining the team and resurrecting his title, along with his social media architect Peg Fitzpatrick who’s coming on board as Canva’s Head of Social Strategy.
While the ideas are simple, the execution is brilliant; and that is the difference between success and failure. Keep an eye on the following ladies. Their food empires are scaling fast and most likely you’ll be enjoying their products in a neighbourhood near you in the future.
The step up from running your startup in your own name to that of a company is not a small step. You take on extra responsibilities and all of a sudden, things are taken out of your name and are in the name of your company. So what happens when you put money into your company and want to take it out? Do you have any responsibilities there?
It was revealed over night that Freelancer.com has acquired Warrior Forum in a $3.2 million dollar deal. The move is congruent with the game plan CEO, Matt Barrie spoke of when filing the companies IPO last year.
Even the most well-intentioned business can get sucked into a ‘quick fix’ by someone offering a ‘shortcut to success’ via email lists. It’s not that they want to cheat, but growth is slower than they anticipated.
#StartupAUS, a non-for-profit organisation helping foster a culture of entrepreneurship and innovation in Australia, today published a comprehensive report which calls on the Government to take swift action to support our startup ecosystem and safeguard the country’s long-term economic prosperity.