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Australian start-ups: Many that survived 2023 are delaying inevitable, VCs warn - Vimarsana News

Australian start-ups: Many that survived 2023 are delaying inevitable, VCs warn

This year will be a make or break, according to some of the largest venture capital firms, who say there is plenty of investor interest in the best companies.

Source: afr.com
Venture capital: OneVentures invested $8.2m in Employment Hero and has turned that into a $115m return after completing a major secondary transaction - Vimarsana News

Venture capital: OneVentures invested $8.2m in Employment Hero and has turned that into a $115m return after completing a major secondary transaction

OneVentures has turned an $8.8 million investment in Employment Hero into a $116 million return, as new ways of selling out of private companies pick up popularity.

Source: afr.com
Edrolo job cuts: Large swathes' of staff made redundant at heavily backed education tech start-up - Vimarsana News

Edrolo job cuts: Large swathes' of staff made redundant at heavily backed education tech start-up

Education tech start-up Edrolo is in an industry threatened by disruption from the rise of generative artificial intelligence, big money backers have cause for concern.

Source: afr.com
Square Peg co-founder Paul Bassat on tech valuations - Vimarsana News

Square Peg co-founder Paul Bassat on tech valuations

The venture capitalist and tech founder has been up to his elbows in Australian business since the early 1990s, but admits he lacks one key VC skill.

Source: afr.com
Cass-Gottlieb returns to PSB - Vimarsana News

Cass-Gottlieb returns to PSB

The Treasurer has appointed Michelle Deaker and Professor Ross Buckley, and reappointed Gina Cass‑Gottlieb as members of the Payments System Board.