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The Ban, The Bucks and the Bots - Weekly 3rd December 2024
In this episode of Growth Cartel, Deepak discusses significant recent developments in the Australian startup ecosystem, including the passing of a controversial social media bill for under 16s, positive trends in funding for women-led businesses and the ongoing conversation around compensating artists and publishers for their work used in AI training. He highlights the need for systemic change in funding practices and shares investment news from the past week, emphasising the importance of supporting diverse talent in the startup landscape.
Takeaways
- The social media bill for under 16s may cause more harm than good - it can provide invaluable community support for youth.
- Diverse funding for women-led businesses is on the rise. Yet only 4% of funding goes to women-led businesses in Australia.
- AI companies should compensate creators for their content.
- $120 million was invested in the Australian startup ecosystem this week.
Reference Links
- Overnight Success - https://newsletter.overnightsuccess.vc/p/aussie-startup-vc-summary-30th-november-2024?_bhlid=4eaa234680798ad3bdb45514b5705f029891f88c
- This Week in Australian Startups - https://news.harisq.com/p/this-week-in-australian-startups-cb8
- Startup Daily - https://www.startupdaily.net/
- SmartCompany -https://www.smartcompany.com.au/
Follow The Growth Cartel for more engaging discussions on the startup ecosystem and to show your support. We also encourage you to share your thoughts and experiences in the comments section to foster a sense of community and learning.
https://www.linkedin.com/company/the-growth-cartel/
Episode Links
Follow Rhys on LinkedIn: https://www.linkedin.com/in/rhyshenderson/
4Phase Consulting: https://www.linkedin.com/company/4phase-consulting/
Follow Brandon on LinkedIn: https://www.linkedin.com/in/brandonjkburns/
Teamified: https://www.teamified.com.au/
Follow Vini on LinkedIn: https://www.linkedin.com/in/vinisharathod/
p3 studio - people, partnerships, purpose: https://p3studio.com.au/
Follow Deepak on LinkedIn:
https://www.linkedin.com/in/deepaksinghhr/
Follow Leila on LinkedIn: https://www.linkedin.com/in/leilaneoliveira/
View all episodes
By The Growth CartelIn this episode of Growth Cartel, Deepak discusses significant recent developments in the Australian startup ecosystem, including the passing of a controversial social media bill for under 16s, positive trends in funding for women-led businesses and the ongoing conversation around compensating artists and publishers for their work used in AI training. He highlights the need for systemic change in funding practices and shares investment news from the past week, emphasising the importance of supporting diverse talent in the startup landscape.
Takeaways
- The social media bill for under 16s may cause more harm than good - it can provide invaluable community support for youth.
- Diverse funding for women-led businesses is on the rise. Yet only 4% of funding goes to women-led businesses in Australia.
- AI companies should compensate creators for their content.
- $120 million was invested in the Australian startup ecosystem this week.
Reference Links
- Overnight Success - https://newsletter.overnightsuccess.vc/p/aussie-startup-vc-summary-30th-november-2024?_bhlid=4eaa234680798ad3bdb45514b5705f029891f88c
- This Week in Australian Startups - https://news.harisq.com/p/this-week-in-australian-startups-cb8
- Startup Daily - https://www.startupdaily.net/
- SmartCompany -https://www.smartcompany.com.au/
Follow The Growth Cartel for more engaging discussions on the startup ecosystem and to show your support. We also encourage you to share your thoughts and experiences in the comments section to foster a sense of community and learning.
https://www.linkedin.com/company/the-growth-cartel/
Episode Links
Follow Rhys on LinkedIn: https://www.linkedin.com/in/rhyshenderson/
4Phase Consulting: https://www.linkedin.com/company/4phase-consulting/
Follow Brandon on LinkedIn: https://www.linkedin.com/in/brandonjkburns/
Teamified: https://www.teamified.com.au/
Follow Vini on LinkedIn: https://www.linkedin.com/in/vinisharathod/
p3 studio - people, partnerships, purpose: https://p3studio.com.au/
Follow Deepak on LinkedIn:
https://www.linkedin.com/in/deepaksinghhr/
Follow Leila on LinkedIn: https://www.linkedin.com/in/leilaneoliveira/