Many companies struggle with innovation; a typical strategy for a large corporate that wants to be more innovative is to engage a corporate accelerator for its employees.
They’re our biggest trade customer and have a market economy worth more than AU$10 trillion, but China is no longer just interested in our trade. They’re interested in our startups.
Far too many startups approach their fundraising round in panic mode. They’re not ready, their businesses are not ready, and they don’t know what they need.
Arguably the most important facet of the experience was the collaboration and friendships that were made from working alongside other Aussie founders.
The excitement of a new cabinet or new leadership is waning for the startup ecosystem – we’ve been here before. Folks it’s groundhog day.
There is one thing that most efficient and enjoyable deals have in common: a well-structured data room that has been prepared in advance of fundraising meetings.
Scaling the startup ecosystem requires two necessary ingredients; 1) enough raw founder talent and 2) the resources, both venture capital and experienced individuals, to nurture growth. Scaling without enough of either creates a quality vs quantity dilemma.
Paul Bennetts, a former VC at Airtree Ventures and now a cofounder of Spaceship, on his first experiences running a team.
Moving to the US? You can head to Silicon Valley, or you can follow GetSwift’s route and head to the Big Apple, the undisputed epicentre of business in the US.
Founding Shop My Town was an act of desperation, watching small towns suffering on a wide scale. I was so frustrated with being unable to find my local shops online, as they couldn’t afford websites.
Melanie Perkins remarked that press coverage of startup success is often like “watching a highlights reel”. In reality, the startup world is a grind – a rewarding one, but one that requires an immense amount of work.
The hardest part of being the lean engine inside a large organisation is convincing the people in it that small things are worth paying attention to.