Yip it’s true, you’ve seen the movie before, but this isn’t a rerun. First Tuesday, the business networking phenomenon that connected countless entrepreneurs with investors during the initial web runup has relaunched in South East Queensland (aka the Gold Coast and Brisbane).
FT SEQ had its first event in December and will be holding its next one in February. The group’s patron is Wotif CEO, Graeme Wood. Good luck to Karl Scott and the guys in their endeavor.
Categories: Entrepreneurs · Social Networking · Venture Capital
Freelance journalist Brad Howarth has written a well balanced, well researched article in Red Herring regarding the state of venture capital in Australia.
It makes my blood boil on so many levels.
There is the point that private equity is postively booming, while venture is “yet to be proven”. If it was given half a chance and a uniquely Australian model was developed – I have no doubt it would work.
However, continuing to apply the US west coast model in the Australian context (linear raisings with an exit via IPO/trade sale) and the continued scepticism of the gatekeepers (Ovidio Iglesias: “…the figures show it has still not delivered”) – means the virtuous cycle of success breeding success doesn’t stand much chance.
Categories: Venture Capital
Think technology, cutting edge stuff. Think Australia. No big leap. Australian technology is cutting edge. We do good stuff, sorry…recalibrate – we do great stuff here. So let’s crow about it.
Finally, a platform has emerged for Australian technology –use it! Techcraunch is yours!
Categories: Uncategorized
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Categories: Uncategorized
