#Angel
LaunchVic snapshot reveals $790 million has been raised by 385 startups over five years
A review of publicly available data on capital raises undertaken by Victorian startups and scaleups over the past five years shows that 385 firms closed 510 investment deals, worth a combined total of $790 million. Commissioned by LaunchVic, the dandolpartners review also found that: The median seed investment was $100,000 while the median angel investment […]
Draft legislation to boost fintech startup investment released for comment by treasurer
The Turnbull Government has drafted legislative reforms to support investment in innovative fintech companies by venture capital and angel investors, Treasurer Scott Morrison has announced. Released yesterday for a public consultation period ending Friday, 10 November, the exposure draft of the Treasury Laws Amendment (2017 Measures No. #) Bill 2017 proposes amendments to the Tax […]
What can big businesses learn from start-ups and entrepreneurs about innovation?
This year, Microsoft purchased LinkedIn for $US26.2bn and Uber was valued at $US62.5bn. How is it that a handful of founders, starting out with little more than an idea, are managing to create multi-billion dollar businesses, when our largest companies with far greater resources, are struggling to replicate that performance? When it comes to enterprise, a poorly-defined […]