ProgressClaim.com, which has developed specialised software for the construction industry, has raised $1,500,000 in the form of a convertible note. Tauro Capital, which raised the funds for the Melbourne business, said the funds would be drawn down in three tranches. ProgressClaim also has raised about $500,000 from smaller investors, and a number of parcels in…
Mistake #1 – Assuming the other side are idiots Mark Carnegie, the founder of M. H. Carnegie & Co. Investment Committee, was recently quoted as saying that nearly every commercial negotiation on investment funding in Australia begins with each side of the table assuming the other side are a pack of ill informed idiots. He…
When I embarked on my current search for new funding, I thought I was familiar with most of the likely sources: friends (relatives and fools), angels, angels with teeth – Venture Capital (VC), strategic investors (the Holy Grail), an IPO or Lotto.
But it turned out there was one I wasn’t aware of…
When I embarked on my current search for new funding, I thought I was familiar with most of the likely sources: friends (relatives and fools), angels, angels with teeth – Venture Capital (VC), strategic investors (the Holy Grail), an IPO or Lotto.
But it turned out there was one I wasn’t aware of…
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