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Outfit is already making more than $750K with its recurring revenue model in its first year, and Bruce plans to grow the business to $10mil recurring revenue by 2020. He is looking at a Series A round of funding in the next 6 months as well.
StartupAUS today announced the return of Startup Spring for the third year running taking place across Australia from 10-30 September, with the aim to top last year’s record number of 160 events nationally.
While that may sound a little disheartening, bear this in mind. If you're in Silicon Valley you've got an 8% chance, or a 6.7% chance if you're in Silicon Alley (New York). But how is the Australian startup ecosystem compared to the rest of the world, and, of course, Silicon Valley?