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The constrained Australian venture capital industry is about to receive a $100 million infusion earmarked forcompanies that promise to do good for society or the environment.
The Impact Investment Fund is the brainchild of Sydney-based social investor Geoff Gourley, entrepreneur and multimillionaire financial planner Julio De Laffitte and Southbank Capital, a Melbourne-based investment advisory firm.
One of the world's leading experts in start-ups is in Sydney to encourage investors and Governments here to back our young entrepreneurs. Paul Kadak reports.
Crowdfunding site Tugg, which enables people to decide which movies screen at their local cinemas, has landed in Australia.
Launched by Nicolas Gonda and Pablo Gonzalez, the platform has been operating in the US market since 2012 where it has managed to attract about 500,000 patrons across 4,500 movie screenings.
CLIENT: TUGG
OUTLET: HEPBURN ADVOCATE
GOT a favourite movie you're dying to show off?
Now is the time to speak up, with Daylesford Cinema offering showings of independent movies otherwise unseen.
The initiative is all thanks to a new crowd-funding website, designed to fill cinemas during quiet trading times and promote independent movies.
One of Silicon Valley's most prominent investors in early-stage technology companies has warned that Australia is becoming notorious for its limited appetite for risk, and that this is causing start-ups to receive unfair terms from venture capital firms and accelerator programs.
"In Australia you're getting it wrong, and it will not only hurt your long-term returns but also the prospects of the country. I want to invigorate your investors to take start-ups seriously," Mr Ressi told Fairfax Media.
He said the limited risk appetite was so systematic it was even present in some of Australia's prolific start-up investment groups, which loaded terms in their favour when dealing with new companies.
Australian cinema is set to receive a boost from a new crowdfunding site that allows users to buy tickets to niche films and have them screened in local cinemas such as Hoyts and Village.
Australian cinema is set to receive a boost from a new crowdfunding site which allows users to buy tickets to niche films and have them screened in local cinemas such as Hoyts and Village.
Tugg was founded in 2012 by Americans Nicolas Gonda and Pablo Gonzalez and was launched in Australia in February after 12 months of beta testing.
AUSSIE filmmaker Dayne Pratzky’s fracking documentary may never have reached the screen without help from a new crowdsourcing initiative set to give home grown talent a leg up in the battle for distribution.
BONDI’S Jessica Wilson has developed a fashion-focused version of the popular dating app Tinder and smartphone users in 86 countries have fallen in love with it.
Online shoppers in 86 countries have downloaded Stashd since the 23-year-old launched it on the App Store just over a year ago.
Stashd uses a Tinder-style swipe system — right to put it in your virtual wardrobe, left to trash it — pushing randomly selected items to users from a bank of 100,000 garments.
