Australia must recognise how fast its competitors are working, and the “intensity” with which governments are supporting their startups, Crossroads warned.
Atlassian has today announced its first post-IPO acquisition, snapping up YCombinator alum StatusPage for an undisclosed fee.
It’s finally happened: after months of speculation, Atlassian has gone public. The startup listed on the NASDAQ for US$21 a share, raising $440 million and closing its first day of trading with shares up by more than 32 percent at $27.78 after hitting a high of $28.05. The closing price left the startup valued at $5.8 billion, up from the company’s valuation of $3.3 billion earlier this year.
The growth of the iAuditor, SafetyCulture’s flagship smartphone app in the beginning was organic and viral, garnering hundreds of thousands of downloads and at the time, and was being used over 25,000 times a day by workers right across the globe.