Another great summary from CB Insights to help understand the initial public offering market for the year ahead in technology. Most companies first raised five years prior. Only twelve were unicorns ($1Bn+) this year vs forty the year prior in 2015. Read the full 2017 IPO pipeline report here. You may also like – The […]Read more "2017 Tech IPO Pipeline Report"
Insurance tech is booming but where is Australia in the rankings? New research by Oliver Wyman and CB Insights shows a disturbing picture for Australian insurance tech investment and deal flow across all areas from reinsurance to health and distribution even conferences. Read the full insurance tech report.Read more "Insurance Tech is Booming but…"
The New Ecosystem Metrics We might be turning a corner. There is no doubt we are at least 15 years into a macro wave that is seeing internet enabled businesses disrupt industry after industry globally. Many are cooked before they even realise it. But personally I think there are a few less obvious local Australian […]Read more "Seven Startup Ecosystem Leading Indicators Are Booming"
Opinion Piece by StartSoc Founder Pete Cooper ‘The illiterate of the 21st century will not be those who cannot read and write, but those who can not learn, unlearn and relearn.’ – Alvin Tofler. Humans learn and create value for themselves and society in weirdly diverse ways. Learning usually doesn’t actually require lots of money. […]Read more "Peer Learning with Shoulders not Precincts"
Congratulations to Vinomofo for securing a $25m investment from Blue Sky Funds this week. Read the full story in ZDNet. You might also like to read Investors in Tech Startups in Australia – a list by StartSoc Tech Start Ecosystem in Australia – a list by StartSocRead more "Blue Sky Invests $25m into Vinomofo the tech wine startup"
A massive new co-working space is coming to Melbourne called Dream Factory, the tech startup space is being setup in Footscray by Geoff Gourley’s Impact Investment Group with a rumoured $14m investment. Read the pre-launch announcement on Startup Smart http://www.startupsmart.com.au/advice/growth/new-14-million-co-working-space-set-to-open-in-melbourne/ Make an expression of interest http://dreamfactory.org.auRead more "Mega New Melbourne Coworking Space"
For a country that prides itself on fairness the proposed tax benefits for investors in startups are surprisingly unfair. Unless you are a professional investor with $2.5m in assets or more you can’t qualify for these new tax reductions for innovation investments [introduced to Australian parliament March 18, 2017] . The operative words here are obviously […]Read more "The Great Divide – Rich get fat tax benefits others are denied?"