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Articles by Beste Onay
'Be ruthless with systems and kind with people': How Chanel Contos is leading the consent movement
Published on April 8, 2024 Defined as ‘permission to do something, especially given by somebody in authority,’ the term ‘consent’ theoretically sounds simple. “Consent is the most simple concept in the world. And then, if you think about it too much, a really complex concept,” Chanel Contos says. Contos brought the term consent to the forefront of discussion in Australia.
Why is it so hard to find exit education? Three things founders should consider
Published on April 4, 2024 Founders are often told not to worry about their exit strategy and to just focus on growth. But what happens when they are faced with an exit event, such as an acquisition offer, and have little prior education on the topic? This is one of the most significant milestones as a founder and unfortunately for some, the outcome can end up very unfavourably due to a lack of education.
5 lessons for every founder needs to know, from the Techstars Sydney accelerator program
The inaugural Techstars Tech Central Sydney cohort has just completed the accelerator program and in the wake of their success, were keen to share 5 valuable lessons they learnt, in the hope that other startup founders don’t make the same mistakes. Navigating the startup realm is a thrilling yet unpredictable adventure, often taking first-time founders on a rollercoaster from dream to reality.
Atlassian to acquire US video messaging startup Loom for $1.5 billion Original
Atlassian is spending US$975 million (A$1.5bn) to acquire seven-year-old US video messaging startup Loom. The deal represents around 2% of Atlassian’s (NASDAQ: TEAM) current market capital of around US$48 billion. But it’s also something of a bargain, with the price less than two-thirds of Loom’s peak valuation of US$1.53 billion in May 2021 following a US$130m Series C led by Andreessen Horowitz’s a16z.
Two Australian startups are part of this year's Ocean Impact Pitchfest
Ocean Impact Organisation (OIO) has selected 12 finalists in The Ocean Impact Pitchfest 2023, including two from Australia OIO’s CEO Nick Chiarelli, who’s just returned from New York Climate Week, the final 12 were chosen from 200 applications across 54 countries and embrace.
What founders need to know about investment term sheets
For founders seeking funding, the term sheet is a critical document that can make or break a deal. Yet, it remains shrouded in mystery and can be intimidating for first-time entrepreneurs. Investment rounds are pivotal stages in the growth journey of any startup. They are the juncture where dreams are fuelled with capital, and visions start to take tangible shape. Yet, this exhilarating phase is often marred by one intimidating document—the term sheet.
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