Tuesday 15 November
Monday, November 14, 2011/
Australian start-ups seeking funding would be forgiven for casting envious glances over to the US where, despite ongoing economic woes, investors haven’t stopped doling out the cash.
The figures are stark. In the last financial year, Australian venture capitalists invested $120.6 million in 76 companies. By contrast, American VCs forked out $8.4 billion in the third quarter of this year alone.
Of course, the US is the world’s leading start-up market, with a population, funds and legacy that dwarfs Australia.
But is there also a key cultural difference at play too? Do US investors take risks that Aussies shy away from, to the detriment of local start-ups?
Today, we speak to some key industry players to take the temperature of Australia’s VC market, as well as provide some handy tips on how to prise money out of sceptical investors.
Social media mishaps: Why businesses should think twice before cracking jokes online Catriona Pollard CP Communications founder
An ‘opportunity-hunting’ generation: Here's what millennial workers need and want Karen Gately Corporate Dojo founder
Spilling the beans: Why inviting someone to 'grab a coffee' is disingenuous and unnecessary Sue Parker DARE Group founder
Why success is simple, motivational speakers suck and Eye of The Tiger is dead to me Ian Whitworth Scene Change co-founder
How Emily McWaters manages her Sydney-based business from Kangaroo Island Emily McWaters The Hamper Emporium chief
Why 'Orwellian' performance monitoring is crucial to building an ethical company culture Michael Kodari Kodari Securities chief