Written by Christine Thong and Evan Shellshear
When was the last time you seriously thought about your blue chip investments going broke? At what point will those shares be worth nothing? Although it may sound ridiculous, the question is serious because at the current rate of disruption, it has been predicted that half of the S&P 500 will be replaced over the next 10 years. Where does that leave your investments?
The need and act of a business pivoting is natural. It can almost be seen as a form of corporate evolution. Over the years, the largest businesses only keep their top spots by evolving and chasing the sunrise markets and leaving the sunsets. Intel famously [...]
The mantra of ideas being worthless can be heard from all corners of the globe. Venture capitalists back founders and not ideas. As mentioned in another blog, in 2009, the entrepreneur and author Seth Godin got the nine of his alternate MBA students to come up with 111 ideas each to create 999 business ideas. The point? To prove that “Ideas are a dime a dozen. The money is in the execution.” But is this correct? Your gut feeling demands that your best ideas are worth more than nothing, right? Right.
There are many reasons why people say ideas are worthless. Some claim that for VCs ideas are worthless so they can pay you less for your business early on. Others have seen so many [...]
Yesterday after a massive week of budget hysteria the Australian Federal Government quietly announced new frameworks for the Significant Investor Visa & established a new class of Premium Investor Visa.
The Investor Visa changes are massive improvements for the Startup world. They are primarily aimed at attracting wealthy Asian investors by offering accelerated visas in exchange for significant investments into Australia and its businesses specifically setting a minimum of $500,000 to be invested into complying Venture Capital or Private Equity funds.
It’s not clear why these changes were not prominent in the budget, certainly they are a stroke of [...]
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We are on the edge of a monumental opportunity for out nation and ourselves
State of the Start
Alex Greenwich Independent Member
Great to see local government looking to support business of the future rather than propping up industries of the past.
Wow a politician that gets it!!
Visas for Startup Entrepreneurs
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