The world’s biggest investor, New York firm Blackrock, is selling down ASX-listed fintech Afterpay as the company’s share price continues to head south. Afterpay (ASX: APT) lodged yet another ceasing to be a substantial shareholder notice for Blackrock today, after nearly five months of the investment firm dipping in and out of having 5% stake… Read more »
A Labor government would provide support for aspiring young entrepreneurs to spend a business-focused year working with a university or private sector incubator to develop their startup enterprise or idea. The Startup Year proposal, in Anthony Albanese’s Thursday night budget reply, would offer places for up to 2000 students. The scheme would run for a… Read more »
Now that the dust is starting settle around what is one of the most closely-followed Federal Budgets in recent memory, some key themes are starting to emerge as invariably the different sectors of the Australian economy fall into either the “Winners” or “Losers” camps. For the Australian tech sector, this Budget was a missed opportunity… Read more »
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Business strategy
2020 has been a big year for the start-up industry in Australia. The Australian Bureau of Statistics reported more than 340,000 new business entries in Australia between 2019-20, and KPMG reported startup investment rising despite COVID. Generally, companies take two different routes when kicking off a new business – seeking external investment or bootstrapping. I… Read more »
Capital Raising
When an investor asks a founder to reveal their financial model, they are looking for the best possible attempt to provide a consistent, financial representation of the expected performance of the startup. It consists of well thought out projections about the future of the business, and a properly structured, understandable, and dynamic spreadsheet with easy-to-read… Read more »
Partner Content
Social media and online community management specialist Quiip had a busy 2020, stepping up its commitments to social and environmental responsibility, despite the challenges the coronavirus pandemic presented. Quiip had become B Corp certified in 2018 – one the first 300 Australian companies to do so – to balance its profit with purpose. CEO Alison… Read more »
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