The traditional banking sector has well and truly been disrupted. In a recent PwC report on how fintech is shaping financial services, it estimates the cumulative global investment in the space could exceed 150 billion over the next few years. So, what exactly is it that fintech is bringing to the table to warrant all… Read more »
Creating a startup and putting your heart and soul into it can be an incredibly rewarding experience. But it can also be very taxing. Stress levels can rise as the drive for funding, capturing new customers, refining and even pivoting on an idea and just keeping up with all the admin and other work can… Read more »
A lot can change in 12 months. In September 2017 new laws came into effect legalising equity crowdfunding. It allowed publicly unlisted companies to harness the power of their crowd. But this wasn’t for the many. Just 1% of businesses were able to access the fundraising approach. The 99% that were registered proprietary companies were… Read more »
The US regulator proposed a plan at the beginning of the year for companies to be able to “test the waters” for a potential initial public offering by gauging investor interest ahead of time. In 2017, the SEC extended to all companies the right to file IPO paperwork confidentially. The initiatives are part… Read more »
Working with introverts can be frustrating for people who are naturally outgoing. For them, being around people is energizing. For introverts, it’s draining – especially in the workplace. It’s also challenging for us introverts to encounter so many different personalities at work, many of whom are extroverted. I often find myself thinking, “How do these… Read more »
When founders are pitching for venture capital investment, the topic of exit strategies is often raised as founders are eager to provide reassurance that they have their sights on a liquidity event that will deliver a return to their investors. But VCs are much less interested in the end goal than founders might think.… Read more »
As a marketing practice, branding has long resided in the grey areas between design, art and storytelling. Due to a handful of horror stories from large companies that have got it wrong, branding has gained a reputation for being overpriced, oversold and immeasurable until after the fact. Gap’s failed 2010 rebrand reportedly cost over… Read more »
More than 90% of startups fail and more than 97% of patents never make any money. Yet, when it’s done right, the entrepreneurs that do succeed have the ability to change the world. Richard Branson’s Virgin Group employs over 71,000 people globally and Steve Job’s products at Apple have changed the way we communicate, work… Read more »
The Sept 20 School Strike for Climate in Sydney’s Domain. Photo courtesy of Kym Chapple Twitter @kymtje OK, so this isn’t startup news, per se, but here at Startup Daily, we spend a lot of time talking to founders about leadership, values and company culture – the beating heart and brains of a business that… Read more »
The Australian Government recently announced it will continue its fast track visa scheme for technology workers despite only five startups taking up the offer in the past 13 months. Known as the Global Talent – Employer Sponsored program (GTES), organisations can apply for five year visas for highly skilled foreign workers. Whilst this scheme might help… Read more »
There’s no denying being your own boss is the career choice of today. People of all ages are drawn to the idea of running their own business – and this is especially true for young people. NAB recently found one in two young Australians aspire to have their own business and while being an entrepreneur… Read more »
Gavin Larkin believed conversation could change a life. Despite losing his own life to an aggressive form of lymphoma in 2011, Larkin’s belief that a simple conversation could be the difference between life and death launched a crusade that has swept Australia. As the founder of R U OK? Larkin initiated a campaign that championed… Read more »
Securing the right venture capital can completely transform your startup. Getting the right partnership in place can prove to be invaluable – particularly in your early stages of development. This could make all the difference in adding influential contacts, building your networks, providing useful mentoring and education as well as giving you a firmer footing… Read more »
There’s an old sporting sledge, coined by a 1930s Springboks rugby forward after an unlikely win, that applies equally in business: “Look at the scoreboard!” Andrew Skelton, CEO and Managing Director of A2B Australia, the old Cabcharge business running the 13cabs network, said as much to Uber in the AFR last week in releasing the… Read more »
TransferWise Vice President of Growth Nilan Peiris had one major not-so-secret to the $3.5 billion company’s growth to reveal at the recent launch of Intersekt in Melbourne. Customer evangelism drives growth. In real terms: over 80% of their customers use TransferWise’s service after hearing about it from a friend. TransferWise now has over 5 million… Read more »
Unicorn dehorned: Nasdaq-listed Brisbane EV charging venture Tritium collapses into receivership 
‘Have I gone too far?’ How founders can beat their startup demons 
Tassie carbon accounting startup banks $5.3 million Seed round 
The lessons from Uber, Ola and rideshare’s disruption is that in the end, the consumer still pays 
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