Business strategy

4 lessons from a founder who bootstrapped until his startup’s $2.9 billion sale to a global tech giant

- April 26, 2021 3 MIN READ

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 »

Funding

Brisbane software company Octopus Deploy is nearly a unicorn from its very first raise, worth $220 million

- April 21, 2021 3 MIN READ

Brisbane software startup Octopus Deploy is close becoming a $1 billion company after its first funding round, taking a US$172.5 million (A$222m) from New York venture capital firm Insight Partners. The enterprise software business, which counts Microsoft, NASA, Xero and Disney among its 25,000 customers, has bootstrapped for a decade before taking on Insight with… Read more »

Profiles

Australian investor Martin Martinez offers startups a reality cheque

- October 16, 2013 2 MIN READ

So you’ve come up with an idea and now you’re looking to raise capital? Before you approach investors, you might want to take this reality cheque. Entrepreneur and investor Martin Martinez spoke candidly with Shoe String about some of the misconceptions that have surfaced in the startup community about Australian investors; and made a compelling argument as to why bootstrapping is the best approach for startups.

Other

Startup Survey for Bootstrapping Businesses

- January 3, 2013 < 1 MIN READ

Participants in this survey may be called upon to discuss their businesses with various forms of niche and mainstream media when the report is issued at the end of February 2013. Please be sure to fill in all the answers and be as descriptive as possible when needed, please note this survey is for startups that still own 100% of their equity and are registered businesses within Australia.