About Gina Baldassarre
Posts by Gina Baldassarre:
Sydney coworking space Fishburners has landed yet another big name partnership, announcing this week that National Australia Bank (NAB) has joined forces with the space to provide support for its startups.
At first glance, the stuffy corporate world and a startup with ‘mofo’ in its name seem like strange bedfellows, but Melbourne online wine retailer Vinomofo has decided to launch a corporate partnership program nonetheless.
It has been another busy week, with German media giant Axel Springer acquiring an 88 percent stake in Business Insider for $343 million and Google acquiring Jibe Mobile. A number of FinTech startups raised funds this week, including German company Kreditech, and online lender Social Finance, which raised $1 billion. Closer to home, Melbourne FinTech startup Clover raised over $1 million.
“Almost everything about scaling is counterintuitive. And one of the foremost examples is that reacting to the emotions you’re having as your team adds more people is usually a bad idea. Everyone’s first instinct is to grab back the Legos that the new kid took — to fight them for that part of the tower or to micromanage the way they’re building the tower. But the best way to manage scaling (and one of the secrets to succeeding in a rapidly growing company) is to ignore those instincts, and go find a bigger and better Lego tower to build. Chances are if you pick your head up and look around, there’s a brand new exciting pile of Legos sitting right next to you.” [Source: First Round Review]
Ecommerce software provider Bigcommerce has announced a partnership with Twitter that will allow clients to promote and sell products natively across Twitter.
In spite of the name, fantasy sports is a big and serious business. It’s so serious that some sports fans are willing to put aside allegiances to teams they’ve supported for decades and cheer for their arch rival’s star playmaker to work his magic so they get all the fantasy points they can and win their league’s money pool.
Just two days after the NSW Roads and Maritime Services (RMS) suspended the vehicle registrations of 40 Uber X drivers, the Australian Capital Territory government has announced that it is set to legalise and regulate the service ahead of its launch in the city in October.
One of the big criticisms of popular video games is that they promote violence or materialism and aren’t doing us that much good. But of course, like in most other industries, there are groups creating niche products looking to make a positive impact. One such group is Noosa-based game development startup Disparity Games, which has launched a new title hoping to help combat bullying.
New Zealand accelerator Lightning Lab has opened applications for Lightning Lab XX, the country’s first accelerator program focused on women-led startups.
Australian startups looking for an accelerator program have never been so spoiled for choice. Programs are now evolving into industry and even product-specific streams and, most importantly, have more funds to invest and increasingly experienced mentors to provide guidance.
A cynical observer could be forgiven for thinking that there are well and truly enough social media platforms out there, but despite the presence of the monolithic Facebook, Twitter, and Instagram, a number of smaller players are making their mark. One such player is Australian startup Ideapod, which has been endorsed by thinkers including Richard Branson.
Melbourne FinTech startup Clover, an automated investment advice platform, has announced the raising of a seed funding round by a number of investors including superannuation fund Equipsuper. Though the startup wasn’t willing to reveal the exact amount, Startup Daily was able to confirm that Clover raised over $1 million.
There are two schools of thought in the sports world when it comes to analysing and grading athletes. The first sees a team rely on a gut feeling that says that player’s going to be a superstar, while teams going by the second have endless amounts of data to back up their opinions. Thanks to the greater acceptance of analytics in sports that came with the book Moneyball, which explained how a Major League Baseball team used advanced analytics to build a good team cheaply, teams are increasingly relying on the latter.
Sydney EduTech startups OpenLearning and Smart Sparrow have partnered to launch an integration that will allow educators using OpenLearning’s Massive Open Online Course (MOOC) platform to create customisable and personalised courses for students.
It’s been another big week for the global startup space, with Credit Mututel Arkéa acquiring French FinTech startup Leetchi, CloudFlare raising $110 million, and Blue Jean Networks raising $76.5 million. Closer to home, Readify acquired Huegin Consulting and Reffind acquired WooBoard, while SafetyCulture raised a $6.1 million Series A round and MedTech startup CliniCloud raised $5 million.