News & Analysis

Cricketer Steve Smith has turned a $100,000 startup investment into $12 million

- August 13, 2019 2 MIN READ

Australian batsman and former cricket captain Steve Smith’s run rate is already impressive, but a $100,000 seed investment in a Byron Bay startup three years ago makes him the Don Bradman of investors. That February 2016 investment, for a 10% stake in Koala Mattress is now worth $12.2 million according to the Australian Financial Review’s… Read more »