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StartupAUS, supported by FinTech Australia, StartupWA, StartupTas, TechSydney, Startup Adelaide and Startup Victoria, proposes recommendations to the Federal Government review that would see the scheme enhance its investment in innovative, high-growth businesses.
TechSydney is a not-for-profit enterprise led by some of Australia’s most successful and influential entrepreneurs and innovators who have a mutual determination to see Sydney boom onto the global tech stage.
Australia could always use more angel investors, says Dean McEvoy, co-founder of the wildly successful group-buying site Spreets. "Doing a startup in Australia is kind of like growing a plant in a dark cupboard. It's really bloody hard," McEvoy said in a talk presented at VIVID Creative Sydney.
Dean McEvoy, founder of Spreets -- the subject one of the most jaw-dropping business acquisitions in recent Australian history -- shares his insights about raising money and wooing investors (two talents in which he appears to excel).
This morning, it was confirmed that Yahoo!7 has acquired Australian group-buying business Spreets for $40 million. The deal is the first of what is expected to become a consolidation of the Australian group-buying market. However, what's truly remarkable about this announcement is the short time-frame between Spreets' launch and its sale, after only 10 months on the Australian market.