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Oct 26, 2023 | 
startupdaily.net | Benjamin Chong |Simon Thomsen |Elaine Stead |Tom MacKintosh
After travelling through the investment climates of Europe and South East Asia, it’s clear that a tide of optimism is rising for early-stage startups, including those based in Australia. The terrain for securing funding has become more conducive, but how should an Australian entrepreneur navigate this promising period? Let’s explore. Firstly, valuations have tempered to become more attractive to both early-stage investors and founders.
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Oct 26, 2023 | 
startupdaily.net | Elaine Stead |Simon Thomsen |Tom MacKintosh
This is not going to be a typical diversity post — and by that, I mean a post about why we should invest in diverse and underepresented founders or build diverse teams because the data says we get better outcomes. We all know this already, the data reinforces it, over and over again. The reality is, we won’t be convinced by data. We will only be convinced by self interest.
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Oct 25, 2023 | 
startupdaily.net | Simon Thomsen |Tom MacKintosh
Uber Australia has been fined $412,500 by regulator the Australian Communications and Media Authority (ACMA) after the rideshare and food delivery company sent more than 2 million emails in breach of Australian spam laws. An ACMA ivestigation concluded that Uber sent marketing emails to customers without an unsubscribe option, and on top of that, more than 500,000 were sent to customers who had previously unsubscribed.
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Oct 25, 2023 | 
startupdaily.net | Simon Thomsen |Tom MacKintosh
GP-focused edtech Heidi Health has raised $10 million in a Series A. The round was once again led by Blackbird Ventures, with support from Hostplus, Hesta, Wormhole Capital, Archangel Ventures, Possible Ventures and Saniel Ventures. Heidi (rebranded from Oscar) previous raised $5 million in a Seed round led by Blackbird.
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Oct 25, 2023 | 
startupdaily.net | Tom MacKintosh |Simon Thomsen |Caitlin Burnett
Serial entrepreneur Thomas Derum, whose previous companies include telco Australia Broadband and wholesale communications aggregator iTW, launched Outstaffer from Victoria’s Yarra Valley in 2020. The software platform allows companies to tap into the global talent pool and scale remote working and distributed teams while ensuring compliance as well as managing devices and employee benefits.
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Oct 24, 2023 | 
startupdaily.net | Tom MacKintosh |Simon Thomsen |Caitlin Burnett
When she was growing up in rural Pakistan, Dr Memoona Anwar’s father had to fight for his daughter’s right to have an excellent education. Today, Anwar is a PhD qualified expert in digital identity and a named co-innovator on a US patent awarded in September to Data Zoo, where she is Chief Compliance & Innovation Officer. She is also about to go on parental leave as she awaits the birth of her third child. “As a young girl, I aspired to become an engineer,” says Anwar.
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Oct 24, 2023 | 
startupdaily.net | Tom MacKintosh |Simon Thomsen |Caitlin Burnett
It is no secret that the success of any startup lies in the hands of its people – the passionate, talented individuals who bring visions to life and drive innovation. But with limited resources, fierce competition and the constant battle between time and talent, finding and retaining those people can be a huge challenge. We’ve worked with countless start up leaders on establishing and growing their hiring functions and have collected our thoughts into four key areas with which many struggle.
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Oct 23, 2023 | 
startupdaily.net | Simon Thomsen |Tom MacKintosh |Caitlin Burnett
Microsoft is looking to sure up its position in its battle against AWS, partnering with the Australian government to improve cybersecurity as part of $5 billion spend over the next two years on cloud computing and artificial intelligence infrastructure. The capital expenditure was announced by Australian Prime Minister Anthony Albanese at the Australian Embassy in Washington DC as part of his US trip to meet with President Joe Biden.
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Oct 23, 2023 | 
startupdaily.net | Caitlin Burnett |Tom MacKintosh |Simon Thomsen
In late August, a Washington DC court ruled that work created by artificial intelligence (AI) cannot be protected by copyright. Judge Beryl Howell said the case – a 2018 piece of art submitted by Stephen Thaler to the Copyright Office – was “not very complex.”“We are approaching new frontiers in copyright as artists put AI in their toolbox,” which will raise challenging questions for copyright law, Howell wrote in her decision. Thaler’s case is not alone.
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Oct 23, 2023 | 
startupdaily.net | Simon Thomsen |Tom MacKintosh |Caitlin Burnett
Queensland software-as-a-service (SaaS) investor VentureOn Partners has acquired fellow Brisbane VC Story Bridge Ventures as it looks to move into the proptech (property technology) and contech (construction technology) spaces. VentureOn, cofounded in 2023 by four SaaS founders and operators, specialises in software companies, offering working capital and operational experience from a team of software tech veterans. The company bills itself as “not your typical consulting firm”.
