Rosterfy cofounders, Shannan Gove, Bennett Merriman and Chris Grant
Venture Capital

ASX-listed VC Bailador Technologies results reveal a mixed bag for investors

- August 16, 2023 2 MIN READ

While the failure of online retailer Brosa was a $4.5 million hit to the bottom line of ASX-listed venture capital firm Bailador Technologies Investments (ASX: BTI), the sale of healthtech startup InstantScripts was a massive win for investors in a difficult 12 months revealed in the company’s annual results today. Ironically, it was another ASX-listed… Read more »

Canva cofounders Cliff Obrecht, Melanie Perkins and Cameron Adams. Photo: supplied
Business

EXIT, STAGE BRIGHT: Blackbird offloads $150 million slice of its Canva stake at $39 billion valuation

- August 10, 2023 3 MIN READ

VC firm Blackbird Ventures has cracked open some of its golden eggs, offloading a small slice of its stake in design platform Canva at a US$25.5 billion (A$38.8bn) valuation in a secondary market sale to US investors. The deal with New York’s Coatue Management and San Francisco’s ICONIQ Capital is another step down the path… Read more »

Emily Casey, Jaddan Comerford, Anthony Zaccaria, cofounders of Side Stage Ventures.
Venture Capital

Linktree cofounders back new $15 million VC fund

- August 7, 2023 < 1 MIN READ

Early stage investment syndicate Side Stage Ventures, which is backed by multiple founders, including Linktree cofounders Anthony and Alex Zaccaria, has moved into mainstream VC 15 months on, raising $15 million for its first fund. The Zaccaria siblings, along with What the Health founder Emily Casey, UNIFIED Music Group’s Jaddan Comerford, and others, originally launched… Read more »

woman diving into sea from cliff
Leadership

Change your swim lane: how I made the leap from big tech to startups then VC

- July 25, 2023 8 MIN READ

Transitioning from a tech giant like Microsoft to an early-stage startup can be a daunting but exciting experience. Before joining Tidal, I made this leap to become the fourth employee and founding marketer at hyper-growth startup Dovetail. In this article, I’ll share the valuable insights I learnt along the way, I’ll share my critical realisations during… Read more »

hostplus, Sam Sicilia
Funding

Super fund Hostplus tips another $100 million into uni commercialisation fund IP Group

- July 18, 2023 < 1 MIN READ

Industry superannuation fund Hostplus has poured another $100 million, on top of its existing $210 million investment, into listed early-stage science investor IP Group Australia.  The $310 million IP Group Hostplus Innovation Fund has invested in several university spin-outs, including electric vertical take-off and landing aircraft startup AMSL Aero, UNSW telecommunications traffic analysis venture Canopus… Read more »

The Golden Gate Bridge, San Francisco
Business strategy

Competing in the US: insights for Australian startups from US investors

- June 16, 2023 4 MIN READ

The US venture capital market has always been important for Australian founders who have had global aspirations from day one or are currently contemplating expansion into the technology-rich, densely populated, and innovative market. As experienced Australian seed-stage investors, we keep a close eye on the market and make sure to cultivate relationships in the region… Read more »

crossing the bay of mont saint michel
Business strategy

A VC offers advice on 8 strategies for founders in challenging times

- May 16, 2023 3 MIN READ

I recently returned from Silicon Valley where I had insightful conversations with a diverse range of founders and investors. These discussions shed light on the challenges faced by technology startups in the current funding landscape. With venture capitalists (VCs) taking longer to respond and valuations subdued, it is crucial for founders to approach these obstacles… Read more »

Scale Investors co-CEOs Chelsea Newell and Samar Mcheileh
Venture Capital

Susan Oliver & Carol Schwartz hand over women-focused angel startup fund Scale Investors to the next generation

- May 12, 2023 2 MIN READ

There’s been a changing of the guard at Australia’s first angel investor network for women-led startups, Scale Investors, with the founding team selling the business to the current management team Scale was created a decade ago by Susan Oliver, Carol Schwartz, Annette Kimmitt and Laura McKenzie. Over that period the angel investors backed 47 women-led… Read more »