Tribe Talkin' Ep 30: Hope You Suffer! Emerging VC's Fear Big Super? Unicorn Deputy. Capital Raise Roundup. Stone & Chalk Deficit. Elaine Stead To Main Sequence. WiseTech Making Staff Rich.
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In this episode of Tribe Talkin':
- Financial Services Minister Stephen Jones has vowed to crack down on companies seeking to circumvent laws designed to 'staple' workers to a single superannuation fund during employee onboarding programs. (Capital Brief Anthony Galloway)
- Emerging venture capital managers have raised concerns about the influence super funds have gained over the local startup ecosystem. (Capital Brief Bronwen Clune)
- Australian workforce management software maker Deputy has cracked the billion-dollar valuation milestone, the first private technology “unicorn” company to emerge since the tech funding market soured in early 2022. (AFR: Tess Bennett).
- Seven Aussie startups that raised $11.8 million this week. (SmartCompany: Eloise Keating).
- Invoice payments startup Marmalade raises $16m. (Capital Brief: Prashant Mehra)
- Alumni of climate tech startup accelerator EnergyLab raised a record $289 million in 2023, with Australian-based startups accounting for $124 million of that total. (Business News Australia)
- Predictive intelligence marketing tech Prophet raises $5m in seed round backed by Catalano. (Business News Australia: Matt Ogg)
- Hola Health greets a new chapter in telehealth with $4.5m pre-Series A raise. (Business News Australia: Matt Ogg)
- Do the best deals have no "fanfare"? Sam Jacobs
- Jensen Huang hopes you suffer!
- Stone and Chalk touts resilience despite $7m loss. (Capital Brief: John Buckley and Bronwen Clune)
- Spacecubed and CORE Innvoation Hub
- Elaine Stead joins Main Sequence. (Capital Brief: Bronwen Clune)
- Of its 3300 employees, 85 per cent own WiseTech shares thanks to an employee share scheme. (AFR: Yolanda Redrup)
- For the first time in at least 5 years, there were more total job departures from companies on Carta than there were total new hires.
- Public Market & Macro Charts
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