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.
The art of business drinking: How to make deals, networks and friends Ian Whitworth Scene Change co-founder
Bridging the gap: Why regular customer surveys are key to good business Sonia Majkic 3 Phase Marketing co-founder
Six reasons every workplace should have a resident dog Michael Tiyce Tiyce & Lawyers principal
How we created an engaging online course with a 91% completion rate Emma Green Your CEO Mentor co-founder
Five things to consider before you launch a family business Monique Bolland Nuzest co-founder
Why Australian businesses are the new owned media moguls Jonathan Hopkins Marketing