This Month
Why only four execs have kept spot on rich bosses list over decade
Chris Ellison, Graham Turner, David Teoh and Gerry Harvey have maintained their positions while some of their richer peers of yesteryear have bowed out.
- Sally Patten and Patrick Durkin
Bankers seeking their next big pay day are chasing these clients
Investment banks are now after riskier, smaller companies so they can pounce on the spoils of a trophy listing or a huge sale to private equity.
- Aaron Weinman
This rich boss always wanted a private jet. Now he is on his second
In his twenties, David Dicker had not yet figured out how he was going to make money, but he knew he wanted a private jet. Then he worked out how to afford one.
- Sally Patten
- Opinion
- Venture capital
‘Declined to comment’: three words destroying millions in VC brand equity
There has been plenty of hand-wringing over the “negative coverage” the tech industry has copped in the past couple of years, but operators should speak up.
- Updated
- Jessy Wu
Rich Lister family backs solar panel recycler Sircel
The Funded blog is the home for news on the tech deals that are done in Australia, as soon as we hear about them.
- Updated
- Paul Smith
- Exclusive
- Venture capital
Mega VC deals are back - but new founders face a big problem
After an 18-month lull, funding is flowing back into start-ups, but in a two-speed sector, some are struggling to meet investors’ high expectations.
- Tess Bennett
- Exclusive
- Funding
Aussie tech’s climate crisis as start-ups face capital crunch
At least 100 Australian climate tech start-ups need to raise capital in the next nine months to avoid going bust, but say the bar for investment is sky-high.
- Yolanda Redrup
- Exclusive
- Zimbabwe
Start-up ditches carbon credits supplier after Zimbabwean fiasco
Sendle’s CEO says it has found new suppliers to stay carbon neutral as it faces a wave of discontent from former staff.
- Nick Bonyhady
Foreign start-ups swarm Australia, ‘buying time’ to show profits
Australia offers a gateway to Asia, a skilled commercial workforce and cultural commonality with the US, but its wealthy customer base is an even bigger prize.
- Nick Bonyhady
Leaving war-torn Ukraine was hard, then this AI worker tried Australia
Tech skills have been in red-hot demand for a decade, but skilled migration has cooled as numerous companies have shed staff in the so-called tech funding winter.
- Tess Bennett
Fortescue, Playground-backed hydrogen flight start-up collapses
Universal Hydrogen had attracted almost $150 million in funding, including from Aussie Peter Barrett’s Playground Global, but it wasn’t enough for it to take flight.
- Yolanda Redrup
- Exclusive
- Funding
Ex-Atlassian insiders pull in millions for AI development start-up
Redactive has raised $11.5 million from local and US-based investors after convincing financial services clients to use it to help software engineers develop AI tools.
- Paul Smith
- Analysis
- Pets
Meme stock kingpin’s latest play has hit a brick wall
The man behind the GameStop mania of 2021 has a new $US250 million bet: pet food retailer Chewy, but it isn’t going to plan.
- Nick Bonyhady
- Exclusive
- Venture capital
The untold story of struggling start-up survival rounds
Delivery company Sendle raised almost $90 million in good times, but venture capitalists have likened the terms on its latest raise to payday lending.
- Nick Bonyhady
What this start-up founder learned from the public death of her company
Mina Radhakrishnan, the only founder of a collapsed start-up brave enough to speak at the Financial Review Entrepreneur Summit, hopes the industry values battle scars as she tries again.
- Tess Bennett
How Kim Teo pulled off a mega-merger with her start-up’s biggest rival
The co-founder of restaurant ordering app Mr Yum is now the boss of its former competitor me&u, after the heavily backed Aussie start-ups merged to survive.
- Aaron Weinman
June
The ‘grindset’ is back in vogue for start-ups – with a health twist
Start-up bosses no longer just enthuse about working innumerable hours – now they recommend an ice bath after the innumerable hours.
- Nick Bonyhady
‘I fire people just as quickly as my male co-founders’
High-profile female entrepreneurs including Airwallex’s Lucy Liu have hit out at sexist attitudes, and male-led venture capital investors.
- Tess Bennett
Top VC admits newer Aussie funds will struggle to raise capital
Younger venture capital funds will be the next casualties of the tough capital raising environment, even if they’re performing well, a Square Peg partner says.
- Yolanda Redrup and Nick Bonyhady
‘Pick up a knife and get on with it:’ Start-ups reject work-life balance ‘beast’
Start-up workers must be prepared to “go to war,” to help their companies succeed, rather than worrying about work-life balance top local entrepreneurs have warned.
- Maxim Shanahan and Paul Smith
