Tag: jordan green

UniSA initiative Venture Catalyst is offering up to $50,000 to students and entrepreneurs who need funding to turn their business ideas into reality

Paul Graham says decide to invest within 24 hours! Evidence says do at least 40 hours of due diligence! Have you read the latest essay...

The valuation of an early-stage venture sets up the strategy for future success. But, most experienced early-stage investors looking at a pre-revenue company start with a valuation of zero. Most entrepreneurs don't agree. How should you value your startup?

At this 6th Australian National Conference on angel investment, we shall have representatives from Mumbai Angels, the largest angel investment group in the world, and New Zealand’s ICE Angels, the largest Angel Group in Australasia. These will join a number of other international speakers and guests from China, Singapore, the UK, Canada and the US.

Many of our young entrepreneurs in Australia glean their understanding of business, market and investment from vicarious or direct experience of Silicon Valley or Silicon Alley. However, Australia is not the USA. Our culture, business environment, market structure and consumer behaviour are all quite different. Assuredly there are similarities but, in thirty years of doing business in all these markets and many others, I have learned that it is the differences rather than the similarities which underpin the biggest opportunities.

Angel investing in Australia is alive and well! That’s the message from day one of the 4th Annual Australian Association of Angel Investors (AAAI) conference which opened in Newcastle yesterday. The conference, in its fourth year, was created as a forum for Australian angels to network, learn and showcase industry best-practice.

So, who were these 'intense gatherers of information and impressions'? Who were these people described as among 'the first to pick up on new or nascent trends and share them'? Introducing our maven judges for 2010.

A sale is a process and the first step in that process is not to demand exclusivity. Exclusivity is either bought or earned and, in the case of raising capital, it is usually earned. An NDA implies exclusivity and that brings with it constraints on both parties. Would you ask a date to sign a pre-nuptial agreement before the first date?

A sale is a process and the first step in that process is not to demand exclusivity. Exclusivity is either bought or earned and, in the case of raising capital, it is usually earned. An NDA implies exclusivity and that brings with it constraints on both parties. Would you ask a date to sign a pre-nuptial agreement before the first date?

Recently, I have been reflecting on a saying I learned from VC friends when I was living and working in Silicon Valley: “Always invest in an A grade team with a B grade product rather than a B grade team with an A grade product”.

Recently, I have been reflecting on a saying I learned from VC friends when I was living and working in Silicon Valley: “Always invest in an A grade team with a B grade product rather than a B grade team with an A grade product”.

Are you seeking venture capital? Do you have what it takes to raise private equity? Are you familiar with the value of angel finance? The CAPITAL RAISING CONFERENCE 2010 is for entrepreneurs, innovators and business builders wanting to learn and acquire skills and tools for raising capital.

It says much about the schismatic nature of Australia's economic strategy that the Federal Government invited public submissions on how to build a clever country in the same week that it signed a $50B gas export contract with China. Jordan Green outlines his vision for Australia's knowledge economy.

Angels are private people investing their own money and their own time (experience, expertise, networks) in high growth companies. The 2008 survey conducted by the Australian Association of Angel Investors Limited (AAAI) estimated that there are 16,100 Australians who can identify as active angel investors. Together those individuals, in 2008, invested an estimated $1.69b in over 5,000 entrepreneurial companies, which fuelled over 35,000 jobs.

Much has been written and said about the frigid state of both bank and venture capital funding for growing businesses in the current global market. But how are angel investors and their investee companies coping? Prominent Australian angel investor Jordan Green provides this handy snapshot and some advice for investors and entrepreneurs alike.

The Global Financial Crisis (a gift from our good friends, CEOs in the USA) is bringing many of us a lot of pain and there is plenty more to come. However, it also brings us a rare opportunity for change. Let's use this time of pain to make painful changes so that when we hit the upswing, we have a better system.

Unless you have deep pockets, your new venture is not going to get very far without a capital injection. Of course, different investment opportunities...