Funding & Finance
News, opinions and advice on capital raising and finance strategy.
99designs founder Mark Harbottle sets new designs on Tweaky.com
So you wanted to add a Facebook link to your website and couldn't find somebody willing to do it at reasonable cost, and in...
Is it time for Iceland to turn over a new [maple] leaf?
Even four years after the collapse of Iceland’s economy, investment in the once much-fancied krona waivers. Now, a seemingly leftfield solution has been thrown into the mix: to reboot Iceland’s circumstances, the Nordic European island should adopt the Canadian loonie as its national currency.
Applications are now open for the 2012 30under30 awards!
30under30 is an Anthill initiative that was launched in early 2008 to encourage and promote entrepreneurship among young Australians.
The program provides...
EOFY blues? Here’s light for the end of next year’s tunnel
EOFY — end of financial year — is never fun, certainly not as much as a night out. But despair not. If you start now — and do all the smart things — your next EOFY could be a walk in the park. To set you on the right track, here are top 10 tips from MYOB:
Gen Y beating boomers in the revenue stakes, MYOB Business Monitor reveals
Gen Yers may be the only group within Australia’s small-to-medium operators to take heart from the latest MYOD Business Monitor. Despite an eye-watering eight-year low amongst SMEs’ economic confidence, Gen Y business operators were most likely to see positive revenue results over the last year.
Missed out on the Facebook IPO? There’s another way to get in on the...
So, you reckon the Facebook share price will plummet further? Want to make a bet? No, I mean really. Do you want to make a bet? Bookmaker Tom Waterhouse is taking bets on just how low the Facebook stock price will go by the end of 2012.
Business strategy: should you finance your way out of your own business?
Many Australian businesses are on the selling block due to the glut in the pending retirements of baby boomer business owners. Quite simply, they need to sell to retire. Yet, according to the September Quarter 2011 BizExchange Index, the number of businesses for sale rose by over 350%. Meanwhile, their prices halved. More creative ways of selling a business need to be considered.
Facebook IPO: To buy or not to buy!
Not too long ago, the existentialist question in the time of Facebook was: To join or not to join. Now, after the social networking site — the third largest grouping in the world, behind only the countries of China and India in population — filed for an initial public offering, the question is, well: To buy or not to buy Facebook stock.
Cool Company Awards Readers Choice 2013 [MAKE YOUR VOTE]
The Cool Company Awards Readers’ Choice Index was created to provide an opportunity for Anthill readers to vote on Cool Company Award finalists, in one of three ways: Commenting, Like-ing and Tweeting. This way, readers not only direct attention to a worthy cool company but also introduce new people to these awards.
Entrepreneurs’ Night Out (BRISBANE)
Entrepreneurs' Night Out is on in Brisbane for a round of meeting and mingling. Share a drink. Have a laugh. And most importantly, help...
Australian upstart 99designs raises $35 million from Facebook’s VC outfit [ANTHILL EXCLUSIVE]
Today, 99designs, the world's largest online marketplace for crowdsourced graphic design services, announced a $35 million first-round investment led by Accel Partners. In this exclusive podcast for Anthill, 99designs co-founder Mark Harbottle speaks with James Tuckerman about the deal and what it means for the 26-person company based in Collingwood, Victoria.
Why investors want your business to have three distinct types of customer. Do you...
Since making the transition from service provider to start-up investor, I've developed several criteria that allow me to quickly identify if a business idea is worth taking on. One requirement is that I believe a business must have three customers. Obviously I don't mean three individuals – rather, three distinct groups of customers that play an important role in a business' lifecycle.
Visa GoBiz
How can Visa Business help your business go forward? Manage cash-flow, control and track spending with VISA Business credit and debit cards.
Apartmentreviews.com.au sells for $8,700. Was this a fair price? [How much is your site...
On 29 January 2010, after a month of spirited bidding, 2009 Anthill Smart 100 honoree Apartmentreviews.com.au was sold for $8,700 on the website-auction site Flippa. In a message to Anthill, founder Shane Moore said, "There aren't so many Australian websites that sell for more than a few grand on Flippa." Moore is clearly happy with the sale price. But why $8,700? Was this a fair value?
Spreets sold to Yahoo!7 for $40 million: What does this mean for online retail...
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.
“The American Dream” employs engaging animation to tell a fiscal horror story [VIDEO]
"The American Dream" is a horror story told in "South Park" style. It says the U.S. Federal Reserve Bank has locked the US in a nigh-unbreakable cycle of loans, interest and debt, using an endless flow of currency that's backed by absolutely nothing. Side-splitting yet sobering, there's a lesson in this YouTube 'epic' for everyone.
Need help from a bank? Here’s how to get Bank Ready
Even in these tight economic times, the task of getting financial support from a bank can be greatly eased if a business owner learns how to speak a bank’s language and use similar risk-management tools and techniques.
Future Capital founder Domenic Carosa talks about investing in internet ‘upstarts’ [VIDEO]
Domenic Carosa, at age 35, is already a wily veteran of online entrepreneurship. In this wide-ranging interview with Anthill, he talks about investing in internet upstarts (as compared to startups) and about what kinds of entrepreneur he's likely to invest in. Oh, and keep an eye out for a Special Guest Appearance at 5:23. Woof.
RetailMeNot’s Guy King talks about the acquisition of his business for a reported US$90...
RetailMeNot co-founder Guy King has much to be thankful for this holiday season. In early December, he and co-founder Bevan Clark sold the online coupon directory to WhaleShark Media for a reported US$90 million. The business was launched four years ago with only $30.00 in startup funding. Anthill's James Tuckerman caught up with King in the studios of Media Saints shortly before the 2010 Christmas break.
Cool companies shake their groove ‘thangs’ at Anthill’s 2010 Cool Company Awards
A 'who's who' of leading Australian entrepreneurs and business builders gathered last night at Melbourne's 24 Moons Bar in AC/DC Lane to celebrate Anthill Magazine's 2010 Cool Company Awards. Winners were presented with as Australia's biggest award in business -- a 1.2 metre personally branded trophy bean-bag. In addition to the formal accolades, attendees were treated to party games for entrepreneurs, such as 'Pin the Idea on the Venture Capitalist'.
