A number of sources have told Startup Daily that Sydney-headquartered venture technology firm and startup incubator BlueChilli has not delivered on its promise to numerous startups in its portfolio, with one source saying it is “doing more damage to the Australian startup scene than good.”
Last night from New York, Moko Social Media Limited, one of the two companies we reported had previously approached Tagroom about an acquisition offer, announced that they had just signed a binding term sheet to acquire 80% of Tagroom.com.
There are times when you just should keep your mouth closed about certain things, even when you don’t mean any malice by it – which I don’t think was the intention of Evan Thornley, cofounder of LookSmart and speaker at today’s Sunrise conference.
Social media giant, Pinterest, recently won a court battle against a Spanish company called Pin Digital about their controversial use of the domain names PinSex.com, and PinGay.com.
Black Milk Clothing is the name of a label synonymous with women’s tights and leggings that are as loud as you can get. What started as as an attempt to sew out of boredom and a lack of life direction from Lillis soon became an online success story that would ride the hipster movement.
So you’ve decided to go out on your own. You may be a marketing / IT / Events / PR / Human Resources consultant. You’ve just landed your first client – check! It’s a big client too – even better. This means that most of your company income will come from the one customer. Makes no difference for tax, right? Wrong.
We’ve seen a number of startups emerge in our ecosystem that focus on coupons, discount deals, rewards and vouchers – examples include Aston Club, BigDeal, Buzzingaa, Coupay, OzSale, Rewardle and Swoop. Each has its unique point-of-differentiation, but not all have maintained strong momentum. The latest to enter this highly competitive space is Melbourne-based startup Liven.
The bootstrapped beachside startup that received $250 million in late stage funding just this year boasts over 800,000 customers; and these customers are using Campaign Monitor to send over 1.3 billion communications to their clients per month. But communications is just the basic stuff. Campaign Monitor has at least 7 ways you can use the platform to generate sales leads for your business.
Rewardle Holdings Ltd, the holding company that owns Melbourne-based startup Rewardle Pty Ltd, has recently opened up its Initial Public Offering (IPO), according to a prospectus that was lodged with ASIC on the 20th of August.
Last night, co-founder of BodyWise Mike Halligan penned a personal blog post on the latest developments around his fitness app.
Sydney-based startup Nexus Notes was built on the philosophy that students can learn a lot from each other’s notes, and of course, make money from simply sharing their notes.
The founders of Tagroom.com, Niro James, Patrick Varden (Sydney) and Yasmin Walter (Perth) could be worth a couple of million each right now.
Farmbot, Pixc and Open Learning have successfully obtained second-round funding from SYD Ventures – a company that describes itself as a startup (not a VC fund) investing in other early stage startups.
Alex Turnbull, son of Federal Minister for Communications Malcolm Turnbull, may be setting an example of how Australians can work with their Asian counterparts. The Sydney Morning Herald reported today that Alex Turnbull is planning to launch a Singapore-based hedge fund, Keshik Capital, which will be “focused on Asia with the flexibility to invest globally”.
Although startups and small businesses have different interests and needs, at this point, startup is being squeezed into the broader category of small business or is used interchangeably with small business.
Bill Gates, Twiggy Forrest back livestock emissions reduction startup Rumin8 in $17 million Seed top up
Furniture startup Brosa to fold leaving customers $5 million out of pocket
Logistics giant Wisetech Global just gobbled up another tech startup for $327 million
Mike Cannon-Brookes lends Sun Cable $65 million to keep the show on the road as its administrators look for a buyer
Daily startup news and insights, delivered to your inbox.
