The Latest from Startup Daily
On Monday, Melbourne-based online real estate ad company REA Group Limited (ASX:REA) announced it had bought a 17.22 percent stake in Catcha Group’s portfolio company, iProperty Group, for AUD$106.3 million.
Alex Turnbull, son of Federal Minister for Communications Malcolm Turnbull, may be setting an example of how Australians can work with their Asian counterparts. The Sydney Morning Herald reported today that Alex Turnbull is planning to launch a Singapore-based hedge fund, Keshik Capital, which will be “focused on Asia with the flexibility to invest globally”.
The 56th Governor of New York, Andrew Cuomo has become one of the most popular faces within the east coast startup ecosystem. His new initiative, Startup New York, means that people launching new businesses in the state will be able to do so 100% tax-free for a period of 10 years.
Although startups and small businesses have different interests and needs, at this point, startup is being squeezed into the broader category of small business or is used interchangeably with small business.
The venture founded in 2009 by Melbourne based Rebecca Derrington, has to a certain extent been operating under the radar. It’s been a case of everyone is using it, everyone knows about it, but other than some media around the angle of her being a “mumpreneur” Derrington really has not had major recognition from technology media on some pretty impressive achievements.
Whilst Yo seems to be focused on figuring out how to use their technology to revolutionise push advertising – the reason the app has been so attractive to investors – Adelaide based startup Oi which launched on Friday has decided to take a different approach with its nanosocial venture.
Still banking with your Dollarmite account? Time to grow up, homie. Debt To 10K is the new online service designed to help those with sporadic spending habits create a custom repayment plan to pay off bad debts and reach an ultimate savings goal of $10,000.
Today INCUBATE announced their fourth intake for the Winter 2014 season.