It turns out that venture capital has no idea what it is doing - and billions of dollars of investment are being burned up by the industry.
Around 60 financial services providers operated under the licence of Lanterne Fund Services,including entities linked to racing personality Tom Waterhouse and the TV show Shark Tank.
Confidential investment decks from Australia’s three leading venture funds show their dependence on Canva,which has question marks hanging over its $40 billion valuation.
The founders of tech community Earlywork are working on projects from hiring to a startup share house as they raise money and go full-time.
Superannuation fund Hostplus,a champion of venture capital investment in emerging technology businesses,is buying into payments start-up Zeller.
While venture capital cash comes easy to some startups,other founders are still grinding out hundreds of emails,calls and meetings as they seek the cash to get their dream businesses started.
Australian superannuation funds are starting to let assets they manage invest in crypto to chase the massive returns offered by the nascent sector.
In the first episode of Futurepreneur,national business editor John McDuling is joined by venture capitalist Nick Crocker to talk through what it’s really like to get a startup off the ground.
Emerging plant-based meat producer Fable says the sector is close to reaching a tipping point where it can compete on price with animal-based products.
Online health startup Eucalyptus has locked in a $30 million funding round from a bevy of high-profile US and Australian investors.
The early hype around blockchain has died down amid investors’ exuberance around the price of bitcoin. But the technology will ultimately have a bigger impact on the world economy than cryptocurrencies,experts say.