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HOT TOPICS
- The Accelerator Conundrum
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australia
Startup Oceania: Why 1Mby1M Is a Game-Changer for Oceania Startup Accelerator Ecosystem
This article is an overview of a series of articles summarizing Oceania Startup Accelerator Ecosystem – Australia and New Zealand’s incubation and acceleration infrastructure, comparing 1Mby1M to what’s available and educating founders on how to work with Silicon Valley from day zero. The startup landscape in Oceania or Australia and New Zealand is defined by
Australia’s Startup Accelerator Ecosystem: Role of Government, Accelerators & What Founders Need – Policy & Market Realities
Australia’s startup ecosystem, like many around the world, owes much of its early momentum to government-led initiatives. Over the past decade, Canberra and the state governments have poured significant resources into innovation grants, R&D tax incentives, and public–private partnerships. Yet, as the dust settles on these ambitious programs, it is becoming increasingly clear that policy-driven
Australia’s Startup Accelerator Ecosystem: Melbourne
If Sydney is the financial engine of Australia’s startup ecosystem, Melbourne is its intellectual powerhouse. The city’s deep university network—anchored by the University of Melbourne, Monash University, and RMIT—has nurtured generations of engineers, designers, and researchers. Melbourne is also home to a large creative industry and a strong culture of independent thinking. The result: a
Australia’s Startup Accelerator Ecosystem: The Conundrum
This article summarizes Australia’s Startup Accelerator Ecosystem, looks at the impact of AI layoffs and compares 1Mby1M to the top startup accelerators across key dimensions.
Bootstrap First to $10 Million from Australia, Raise $25 Million Later from the US: Ashik Ahmed, CEO of Deputy (Part 7)
Sramana Mitra: Where did you choose to raise your $25 million financing from? In Australia? Ashik Ahmed: Funny story was that every morning, we’d wake up and there’d be an email from some VC. I wanted to focus on growing the business as opposed to getting interested in VCs. In mid-2006, we realized that our
Bootstrap First to $10 Million from Australia, Raise $25 Million Later from the US: Ashik Ahmed, CEO of Deputy (Part 6)
Sramana Mitra: When did you start the Gusto partnership? Ashik Ahmed: That was between late 2013 and early 2014. Sramana Mitra: How much did you do in 2014? How would you attribute that to Xero, Gusto, and your direct selling efforts? Ashik Ahmed: The challenge with partnerships is that, at the start, you get a
Bootstrap First to $10 Million from Australia, Raise $25 Million Later from the US: Ashik Ahmed, CEO of Deputy (Part 5)
Sramana Mitra: From a customer acquisition point of view, how did you go to market? Ashik Ahmed: It was really, really hard. We spoke to a lot of customers. In the second round where we went for anyone can just sign up, you don’t need to get the word out. Back then, I don’t think
Bootstrap First to $10 Million from Australia, Raise $25 Million Later from the US: Ashik Ahmed, CEO of Deputy (Part 4)
Sramana Mitra: Did you fire the CEO that you brought on? Ashik Ahmed: Yes. Sramana Mitra: How did that go? Ashik Ahmed: Not pretty. I doubted myself whether I would be capable of being the CEO of this company. I didn’t even know what the job description of a CEO looked like back then. My
