In October 2013, Sydney-based entrepreneur Garrick Charter launched an online adult luxury boutique, Salon De Venus, selling sex toys and lingerie. Little did he know at the time that tech providers would be so ill-accommodating of such a business concept.
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When John Ciancutti joined Netflix in 1999, he joined a team of four engineers. A couple years later, he became an engineering manager – a role he had never done before that came with one big added responsibility: finding more amazing engineers to hire. It’s hard to imagine now, but Netflix was a tiny, no-name company at the time. Ciancutti had to figure out how to attract world-class talent. [Source: First Round]
If you Google “startups” and virtually any city or nation in the world, you’ll inevitably find true believers insisting that such-and-such region is the new Silicon Valley. But when it comes to India, Asia’s third largest economy, the excitement from investors and entrepreneurs is real — and for good reason. [Source: Pando.com]
Another Friday, another mergers and acquisitions round up. Startup land has been a little quieter this week, but here’s what went on:
The 29th of March concludes this year’s annual ‘UNSW Startup Games’ event; and one team hoping to take out the top prize are the team behind FoodRunna which launched its service just last week.
Forming mutually-beneficial strategic partnerships is one of the best ways to grow a business, especially when you’re starting up lean. Yet it’s one of the most difficult and time-consuming tasks a business owner is faced with.
While retirees spending their kids’ inheritance on a luxury caravan for a road trip around the country may get their money’s worth, the majority of caravans sit on front lawns for the better part of the year. Newcastle startup Camplify wants to get these caravans on the road by connecting owners with renters.
West Australian online marketing company Mpire Media has merged with Fortunis Resources in a deal worth $10 million ahead of a backdoor listing on the ASX.
Jessica May, founder and CEO of Enabled Employment, has been named the winner of Optus’ first Your Shark Tank competition. The price includes $10,000 in prize money, products and services from Optus, and mentoring sessions with Optus’ venture capital team and Boost Juice founder Janine Allis.