The rout of Scott Morrison goes beyond the defeat of his government. It has left behind a Liberal party that is now a flightless bird. The parliamentary party has had one wing torn asunder, and its path to recovery will be difficult and painful. It has lost a clutch of moderates, and with them the… Read more »
Every week on the Startup Daily TV show, we talk to more than two dozen founders, CEOs, investors and experts about what’s happening in tech. Now you can catch the best of the show with the weekly podcast, SUDS. While Elon Musk continues to play chicken over his $60 billoin Twitter deal, he’s been using the… Read more »
Energy is the double-edged sword at the root of the climate crisis. Cheap energy has improved lives and underpinned massive economic growth. But because most of it comes from burning hydrocarbon fuels, we’re now left with a legacy of high atmospheric carbon dioxide (CO2) and an emissions-intensive economy. But what if we could flip the… Read more »
Over the course of a few days last week, we saw what was perhaps the most dramatic flame-out in the history of cryptocurrencies. Just a few weeks earlier, Terraform Labs the creators of the TerraUSD and Luna cryptocurrencies, was riding high. Luna was valued at US$86 per token on 5 May – down from the… Read more »
Ask any successful startup founder and they’ll tell you it didn’t happen overnight. It took countless hours, days, months, maybe even years to nail the idea, stick the landing, and hit crucial money milestones that make or break a business. Startup Daily and SAP® Concur® are bringing you a panel with some of Australia’s most successful tech… Read more »
The hardest conversation for an early stage investor happens when you choose not to follow on in a company you have invested in. This great tension is rarely discussed but lies at the core of the founder/investor relationship. We both know that these moments of decision will come and it matters how we handle it.… Read more »
In July last year, Brisbane-founded, US-based workplace productivity software startup Skedulo announced a A$100 million (US$75m) Series C from Japanese VC powerhouse SoftBank. In this special behind-the-scenes analysis, founder and CEO Matt Fairhurst and Skedulo chief of staff Nathan Merzvinskis reveal how they built the strategy behind the raise. You’ve made it — almost. Your… Read more »
In 2015, I found a cracker of a pub for sale. The price tag? Around $4 million. At that time, I didn’t have the funds to buy it myself, so I went to my network, pitched the concept, and all of them said, ‘Sure Steve, we’ll invest in that!’ Off the back of those… Read more »
Buy now, pay later market leader Afterpay posted a staggering $345.5 million loss after tax for the six months to end 2021, a 336% increase on the $79.2 million loss the fintech posted in the corresponding period in 2020. The figures are the first published by the BNPL since Jack Dorsey’s US payments platform Square… Read more »
Welcome to our new column by Main Sequence Ventures partner Phil Morle. Every fortnight Morle will share his wisdom and insights with Startup Daily readers and also discuss it on the Startup Daily show. His first column is part of the Venture Capital Primer for Scientists series, based on hundreds of workshops he’s given during… Read more »
Investors poured more than $71 million into 89 companies via crowd-sourced funding (CSF) in 2021, new analysis of the sector reveals. Nearly a third of that figure ($21m, 30%) flowed in the final quarter of the year thanks to a series of record raises. In 2021, the number of CSF offers completed rose by 82%… Read more »
We’ve now made 14 investments, and in almost all cases Galileo was the first VC investor in each startup’s pre-seed or seed round. We’ve backed some compelling early-stage companies and are on the hunt for more. If you’re raising your first round, you should apply now. A common pattern I’m hearing in some early-stage founders… Read more »
Be worried about the right things at the right time. I took this photo on an ancient four-prop 30 seat passenger plane in Tonga. It looked a bit like an old DC3 (it wasn’t) with the old-fashioned metal riveted skin and the only other time I’d flown in something like that was in Kenya. Obviously… Read more »
We often hear witty comparisons being made between startups and babies. A recent, timely paper titled ‘Exit to community’ does the same. A startup is your (brain) child, a long-term commitment that needs constant love and attention. You’re going to experience significant growing pains and that ‘baby’ will cry at any hour of the day… Read more »
Tech startup Bodd is expanding distribution of its Australian made 3D body scanning and sizing technology to global markets and its on the hunt for investors to back its unique idea. Bodd uses data from 3D scans to create better retail experiences for both consumers and brands in the fashion, uniform, gym and pharmacy sectors.… Read more »
The lessons from Uber, Ola and rideshare’s disruption is that in the end, the consumer still pays 
Here are the finalists in Fintech Australia’s 2024 Finnies awards 
Atlassian cofounder Scott Farquhar steps down as co-CEO 
Unicorn dehorned: Nasdaq-listed Brisbane EV charging venture Tritium collapses into receivership 
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