Of the 100 names on this year’s Young Rich List, published by the AFR, exactly half of them made their wealth in the finance and tech sectors.
Unlike other lists of this nature we use a wide set of metrics in putting this list together, this means that although financial turnover or capital raised by the entrepreneurs business is a factor we look at is is not the primary metric. In addition to revenue our team looked at social influence, the entrepreneurs own industry influence, the overall importance of their company mission, the current traction of the company rather than the age of the company and of course being a startup focused publication the list has a bias towards technology based business founders. In fact all women on this years list have utilised technology in some way to scale their venture.
This years Young and Influential was our biggest and toughest yet to judge. Rather than use a panel of 3 or 4 judges as we did last time to come up with our top 10 scores, a cross section of readers unbiased towards the top 30 chosen by Shoe String was chosen to let us know their thoughts based on the following criteria.
Kim is one of the co-founders of PushStart, Kim has worked in the Australian tech startup community for over 10 years, as an entrepreneur, the former editor of The Next Web, Australia and the founder of Open Coffee Sydney – Sydney’s longest running tech startup meet-up with over 1700 members. Previously the Australia & New Zealand Community Manager for MyHeritage, Kim now mentors and invests in startups as part of PushStart, which invested in it’s first batch of startups this year.
Niki Scevak is the co-founder of HomeThinking which helps home owners find a realtor based on the realtor’s past performance and reviews. He is also the founder of Startmate, a group of startup entrepreneuers offering mentorship and seed financing to engineering-led teams based out of Sydney and an all-round great bloke.