At the moment Amir Raveh, CEO of HYPE Foundation, is in Australia to launch HYPE Spin Lab in partnership with the University of Queensland.
Having raised $2.3 million from investors including existing backers Caltex and Investible, car sharing startup Car Next Door is opening up the rest of its Series B round to users, taking to crowdfunding platform Equitise to raise a minimum of $500,000.
The Federal Government has today revealed a new legislative package that will allow private companies to access equity crowdfunding.
ASIC has announced it will be opening applications for CSF licences, allowing eligible public companies to sell shares through a licensed intermediary.
Academy Xi has launched The Founding Futures, a new scholarship which will offer Indigenous Australians training in User Experience Design.
Agersens has developed eShepherd, a virtual shepherding platform for managing livestock through GPS-based collars attached to each animal.
Equity crowdfunding platform Equitise has announced the launch of a new syndicate model in a bid to further “democratise” investment.
Yesterday News Corp Australia, FOX SPORTS and NOVA Entertainment announced the launch of their new initiative called the Scaleup Mediafund.
Working in a startup can be a tricky financial risk to take for any party involved. Salary negotiations are more complicated for startups than established companies because they do not have as much cash to offer.
Whenever a startup raises capital – whether it’s $500,000 or $500 million – it garners media attention. We are certainly guilty of pouncing on those stories like hungry wolves. But the truth is, they are boring to write, and probably boring to read.
With more start-ups coming to market quicker in Australia and many emerging growth tech companies flourishing, one of the big challenges for our technology entrepreneurs is to increase the conversion of local companies that close a VC Series A funding round.
A new business is often built on sweat equity and financing from investors. It is the term used to define the contributions of a member of a company, whether it is an employee or investor. In most cases, the term is used for the owners of new businesses who often work without compensation in the early years before the company is profitable. Sweat equity can also be applied to employees of a company who accept reduced wage or no pay at all in exchange for a level of ownership in the company.