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In episode 3, we take a deep dive into the birth of the Australian startup ecosystem. Although everyone may have a different perspective on what caused this "cambrian explosion", we discuss 7 key catalysts in this episode.
We shine a spotlight on the who, what, when, where and why of this critical event that formed much of what we see around us today. But underneath all this growth and excitement, we highlight that the ecosystem may perhaps still be far from perfect.
In episode 3, we take a deep dive into the birth of the Australian startup ecosystem. Although everyone may have a different perspective on what caused this "cambrian explosion", we discuss 7 key catalysts in this episode.
We shine a spotlight on the who, what, when, where and why of this critical event that formed much of what we see around us today. But underneath all this growth and excitement, we highlight that the ecosystem may perhaps still be far from perfect.
Episode 2 begins in the aftermath of the dot com bust. We explore the story of LookSmart through the lens of its co-founder, Evan Thornley and the tough choices he had to make. Up until this point, founders largely worked in isolation, however, they began to meet up more frequently after the bust, often in pubs or cafes, thanks to community groups like Innovation Bay. Conferences such as TinSHED and Web Directions would shine a spotlight on the fledgling startup ecosystem. We tell the story of some of Australia's first high growth startups in the early 2000s. The likes of Atlassian in 2003, Campaign Monitor in 2004, Red Bubble in 2006 and many more. Startup infrastructure followed shortly after and we saw the country's first incubators, accelerators and co-working spaces emerge.
Just as things were finally looking up, another economic crisis had gripped the world once again. The Global Financial Crisis in 2008 undoubtedly caused a lot of grief, however, Australia was spared the worst of it. We highlight how the GFC held some unexpected benefits for Australian startups. As the end of the decade approached, new inventions like smartphones and social media and the mainstream adoption of Wi-Fi would come to touch every aspect of our lives, laying the foundation for a new wave of Australian startups - some of the most disruptive that Australia and the world would come to see.
Episode 2 begins in the aftermath of the dot com bust. We explore the story of LookSmart through the lens of its co-founder, Evan Thornley and the tough choices he had to make. Up until this point, founders largely worked in isolation, however, they began to meet up more frequently after the bust, often in pubs or cafes, thanks to community groups like Innovation Bay. Conferences such as TinSHED and Web Directions would shine a spotlight on the fledgling startup ecosystem. We tell the story of some of Australia's first high growth startups in the early 2000s. The likes of Atlassian in 2003, Campaign Monitor in 2004, Red Bubble in 2006 and many more. Startup infrastructure followed shortly after and we saw the country's first incubators, accelerators and co-working spaces emerge.
Just as things were finally looking up, another economic crisis had gripped the world once again. The Global Financial Crisis in 2008 undoubtedly caused a lot of grief, however, Australia was spared the worst of it. We highlight how the GFC held some unexpected benefits for Australian startups. As the end of the decade approached, new inventions like smartphones and social media and the mainstream adoption of Wi-Fi would come to touch every aspect of our lives, laying the foundation for a new wave of Australian startups - some of the most disruptive that Australia and the world would come to see.
In this episode, we explore the seed phase of the Australian startup ecosystem, tracing its roots to some of the earliest catalysts to what we see today. Australian pioneers started innovating well before anything resembled an ecosystem and before the term "startup" was used. We tell the story of trailblazers like the Nucleus Group in 1964, Fairlight in 1975, Computershare in 1978 and much more.
We look at how the macroeconomic conditions in the late 70s and early 80s encouraged the "first great wave" of Australian startups, only for global capital markets to collapse suddenly in 1987. As the new millennium approached, we highlight how the mainstream adoption of the internet gave rise to some of our most recognisable dot com juggernauts, the likes of Seek, REA and Carsales, leading up to the dot com boom.
In this episode, we explore the seed phase of the Australian startup ecosystem, tracing its roots to some of the earliest catalysts to what we see today. Australian pioneers started innovating well before anything resembled an ecosystem and before the term "startup" was used. We tell the story of trailblazers like the Nucleus Group in 1964, Fairlight in 1975, Computershare in 1978 and much more.
We look at how the macroeconomic conditions in the late 70s and early 80s encouraged the "first great wave" of Australian startups, only for global capital markets to collapse suddenly in 1987. As the new millennium approached, we highlight how the mainstream adoption of the internet gave rise to some of our most recognisable dot com juggernauts, the likes of Seek, REA and Carsales, leading up to the dot com boom.
Today we catch up with Charlie Karaboga from Blockearner. Block Earner is an Australia-based FinTech powered by blockchain technology.
Charlie talks about the Origins, the history of the business, recent events as well as their global ambitions.
Fintechfun is produced by Sub11. Sub11 is a joint venture between Chris Titley and Euphemia (Investment partner) telling stories of fintechs and founders whilst using broader content as the catalyst to enable fintech companies to grow.
Emily Casey is the founder and director of What The Health, a health media company and community that aims to fuel the next generation of health innovation in Australia. Emily initially pursued a more traditional career in medicine before entering the startup world. In addition to What The Health, Emily has worked as a Community Coordinator for Stone & Chalk, a startup hub in Sydney. In her conversation with guest host Will Tjo, Emily discusses the reasons why she left a more traditional career path in medicine to enter the startup world, as well as the importance of the startup ecosystem having visibility within other industries such as the health industry.
What The Health: https://www.whatthehealth.io/ Stone & Chalk: https://www.stoneandchalk.com.au/Emily on LinkedIn: https://www.linkedin.com/in/emily-s-casey/
Steve Grace is CEO and founder of The Nudge Group, which works with startups and scale-ups to support them through various stages of business growth. Based in Australia, The Nudge Group has expanded globally with offices in the UK and Singapore. Steve also hosts the Give It A Nudge podcast, and is director of YBF Ventures. In his conversation with host Will Tjo, Steve discusses his belief that Australian companies put too much focus into the US and UK markets and too little in neighbouring Asian markets, as well as some of the ways covid has altered the ways companies do business in Australia and globally.
See full show notes: https://w2d1.com/steve-grace
Justin Soong - Founder at Authsignal joined Chris Titley for a chat about the company, the vision, the market at the moment for cyber security 😬 and how they are intertwined with fintech!
Fintechfun is produced by Sub11. Sub11 is a joint venture between Chris Titley and Euphemia (Investment partner) telling stories of fintechs and founders whilst using broader content as the catalyst to enable fintech companies to grow.
For more information visit : www.sub11.com.au
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