If you’re not on a mission to solve a specific problem, how do you choose the best customer problem for your startup to work on solving? Solve customer problems that arise often, every day We have to help our customers develop new habits — to use our product/service to solve that problem, rather than their… Read more »
If you’re certain you understand the business, and you are confident your investment in it will succeed, what you’re doing is not venture capital, it’s banking. Venture capital must have a high degree of risk in order to have a chance of earning the high returns venture capital investors expect from this asset class. Venture… Read more »
Let’s consider whether adding another connection to another stranger is actually going to help you achieve anything, or whether the value of your time is actually all going to Microsoft (which owns LinkedIn). How many contacts can you really stay up-to-date with? LinkedIn says I’m connected to 7,881 people. If they all just post an… Read more »
It’s very common for the startup founders I meet to want to offer the earliest versions of their product or service to early customers for free, or at a significant discount. I encourage them (and you) to not do that. Discounts work best when the customer already has an expectation of what the price should… Read more »
Australia’s universities are in desperate trouble, and their first move has been to cut the entrepreneurship and innovation arms they should be defending at all costs. Sometimes, there’s no satisfaction in being right with predictions; like the time back in early March, when I predicted that the tech startup accelerator programs and incubators being offered by… Read more »
Yes, be honest! Be honest about what you think you’ve learned so far, and what you hope to learn about during the accelerator. No accelerator wants startup founders who pretend they don’t need any help, that believe they are a sure bet for success. Accelerators exist to coach you, and if you don’t need any… Read more »
The three things I have to say that are most likely to offend startup founders are: I’m not interested in investing in your startup because I don’t think it’s going to be successful; I’d rather not accept your LinkedIn request; and I’m not going to sign your Non-Disclosure Agreement (NDA) You shouldn’t take it personally… Read more »
In a briefing to portfolio companies, A-List venture capital investor Sequioa Capital calls COVID-19 a black swan event — something rare, of significant global impact, and difficult to predict except in retrospect. Uncertain times always come with new opportunities for those in a position to identify and exploit them, but most black swan events are bad news for… Read more »
Telstra-backed accelerator muru-D has unveiled the 10 startups taking part in SYD6, the sixth run of its Sydney program.
Alan Jones joins QUT Creative Enterprise Australia as Entrepreneur in Residence for Collider accelerator
Prolific angel investor and BlueChilli advisor Alan Jones will next year join QUT Creative Enterprise Australia (CEA) as entrepreneur in residence for its creative tech accelerator, Collider.
Investible launches education program for angel investors to democratise Australia’s investing community
Australia’s leading startup generator Investible has today launched First Angel, a new education program for first time angel investors. The 12-month program aims to fill the knowledge gap of local angel investors in the early stage investing process.
BlueChilli appoints Nicola Hazell as head of diversity and impact to push for equality in startup sector
Today BlueChilli has appointed Nicola Hazell as the new head of diversity and impact to push for equality and social innovation in Australian startups.