#Investor
Four tips for raising early stage capital
Know when to cut your losses if an investor is not committing.
Three things to watch out for before your startup partners with an early-stage investor
A lot of start-up founders I’ve met believe that if they can raise money from professional early-stage investors such as The Sharks from Channel 10’s Shark Tank or a Venture Capital (VC) fund, then they’re guaranteed success, a large exit, and early retirement. But this is dangerous thinking. These investors are almost always only investing […]
Funded by the crowd: the new avenue for startups to raise capital in Australia
Equity crowdfunding is a relatively new way for Australians to invest. It’s a smart way to collect donations for a charity cause or raise capital for new products and with recent changes to Australian investment laws, crowdfunding platforms can now be used to raise equity capital for a business startup. [Related: Aspiring ‘neobank’ Xinja raises $2.4m […]
Payments app startup QPay raises $570k to draw millennial consumers away from the banks
The brains behind QPay, a payments app for uni students, have secured $570,000 in funding to challenge banks for the millennial market. Provided to QPay by high-profile investors including Sydney Angels and the Sydney Angels Sidecar Fund 2, the funding will enable the startup to release a student-targeted QPay MasterCard. According to QPay CTO and […]
It’s a marriage: Camplify’s CEO on the need-to-knows before startups, investors tie the knot
If 2018 is the year you want to take your business to the next level, you might be considering bringing investors on board. For startups, the world of investors can be a scary but necessary for growth and success. [Related: Let’s Talk… Founder/investor fit, Let’s Talk… Raising Capital (part 1) and Let’s Talk… Raising Capital […]
The hidden costs of starting a business
Startups with good a business plan give comfort to entrepreneurs and investors in part because the plan details the objectives, strategies and tactics along with the anticipated profits. There is however a wide variation in business plans. Some are voluminous demonstrations of thorough research, while some exist as a mere template borrowed from the internet to meet the formalities. Others, […]
Millennial startups: worth your investment
Startup culture is booming in Australia, especially within the millennial marketplace. While creative freedom and drive is the backbone of many startups, it’ll likely take financial backing and investment for a business to reach its greatest success Some big ideas come at a large cost and the stability that a financial backer can supply to […]
Three Things a Tech Entrepreneur Shouldn’t Do
Whether you have started a technology business, or have a startup that uses technology (i.e. many startups), there are three common stumbling blocks to avoid. Coming up with a business idea is exciting. But the journey of taking your idea and turning it into a thriving business is one filled with obstacles as well as […]
Investors in BlueChilli startups automatically qualify for tax deduction after ATO ruling
Investors who back startups in the BlueChilli portfolio will now enjoy an immediate tax deduction plus capital gains tax exemptions. This follows a private ruling by the Australian Taxation Office (ATO) approving BlueChilli as the nation’s first accelerator program with Early Stage Investment Company (ESIC) accreditation. Under ATO rules, investors who have met the agency’s sophisticated […]
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 […]
Weploy raises $1m in seed capital to help it disrupt an ‘inefficient’ recruitment sector
Bolstered by a $1 million seed injection, Melbourne start-up Weploy has launched an on-demand recruitment platform that connects pre-screened, talented employees to employers who need short term staff to manage peak periods or cover employee absences. Co-founded by serial entrepreneurs Nick La and Vince Luong, Weploy was conceived in response to the frustration they had […]
Job Seeker platform Found scores $2.5m in capital and recruits new business advisors
Mobile recruitment platform Found has closed its most recent funding round, bringing its total funding to $2.5 million. Red Bull Holden Supercars owner Roland Dane, Dimmi founder Stevan Premutico and MYOB CEO Tim Reed have come on board as investors, with the latter two joining Found’s advisory board. Established by Andrew Joyce and Peter Marchiori […]
Five things start-ups should ask potential investors before signing the dotted line
Entrepreneurs start businesses to solve problems facing customers or to improve the way customer needs are satisfied. In the event that on-hand funding is insufficient to fully realise the potential of their proposed business, an entrepreneur will need to seek assistance from investors. Finding the right financial partner can be challenging. There are key things you should ask to […]
Before getting hitched, solidify your business: Oneflare’s CEO on securing the right investors
It was 2010 and I needed to find someone that could build shelves for my apartment. What seemed like a simple task, proved more stressful than I had imagined. I relied first on word of mouth from family and friends but then turned to the internet. The process was arduous and several days passed before I […]
Power to the people: Joey Crowd’s founders are taking on the risk-averse business investors
Fed up with conservative investment professionals leaving a trail of broken dreams, a trio from South Australia has launched an online platform to help would-be start-up founders and other entrepreneurs nurture their ideas. Co-founded by Kalif Auditore (CEO), Nick Boniciolli (COO) and Joshua White (CTO), Joey Crowd is being billed as the world’s first crowdfunding […]
Funding 101: Where does the money come from?
We just wrapped up our Kickstart Your Business Grant that received over 300 applications. The applications were a good indicator to how businesses were structured to grow by sourcing funding.
Start-Up Stock Exchange up and running
Following cash injections from Angel and Seed funding totaling some $775k, the Start-Up Stock Exchange (SSX) kicked off earlier this month – and so far six Aussie companies have listed.
All Ords Report 10th March 2009
I received an interesting newsletter from a prominent investment institution last week attempting to allay investor’s fears in regard to the share market. Obviously many investors are either leaving the managed funds preferring to invest directly or they are simply losing faith that the funds can deliver. What concerned me most about the newsletter was […]
Sarina Russo, then unemployed, now multi-millionaire
Sarina Russo Group A determined attitude is what turned Russo from a frequently sacked typist into creator of a multi-million dollar empire. The various training and recruitment businesses within the Sarina Russo Group turn over approximately $60 million a year, with Russo now also a successful mentor, author and investor—featuring on the panel of TV’s […]