Summary

This week, Dickie and Deepak joined Brandon and Rhys. They discuss various tech-related topics, fundraising, and the Australian and global startup scale-up ecosystem. They cover the launch of an app by Angel Class that allows non-sophisticated investors to invest in startups, the funding challenges faced by climate tech startups, the investment in e-waste recycling for solar panels, and promising advancements in the startup ecosystem fundraising.

Takeaways

• Angel Class has launched an app that allows non-sophisticated investors to invest in startups, opening up opportunities for more people to participate in the startup ecosystem.

• Climate tech startups face funding challenges, and increased investments and support from the public and private sectors are needed.

• Investment in e-waste recycling for solar panels is a promising advancement, as it addresses the issue of waste and environmental impact.
• The startup ecosystem is showing positive signs of growth, but funding for female-founded businesses still lacks diversity and inclusion.
• More efforts are needed to promote diversity, inclusivity, and collaboration in the startup ecosystem to drive innovation and create a more sustainable future.

For more engaging discussions on the startup ecosystem and to show your support, follow The Growth Cartel.

⁠⁠⁠⁠⁠https://www.linkedin.com/company/the-growth-cartel/⁠⁠⁠⁠⁠.

Episode links

Teamified: ⁠⁠⁠⁠⁠https://www.teamified.com.au/

Follow Brandon on LinkedIn: ⁠⁠⁠⁠⁠https://www.linkedin.com/in/brandonjkburns/⁠⁠⁠⁠⁠

4Phase Consulting

Follow Rhys on LinkedIn: ⁠⁠⁠⁠ https://www.linkedin.com/in/rhyshenderson/

The Hype Man: https://www.linkedin.com/newsletters/7095555528629633024/

Follow Dickie on LinkedIn: ⁠https://www.linkedin.com/in/dickiecurrer/⁠

Follow Deepak on LinkedIn: https://www.linkedin.com/in/deepaksinghhr/

Summary

This week, Vinisha joined Brandon and Rhys. They cover the growth of AI jobs in Australia, the success of a Melbourne-based cooking app, funding for a disability plan management platform, and investment in permission dev tools for the enterprise. They also highlight the importance of animal-free pharmaceutical research.

Takeaways

• The demand for AI jobs is growing in Australia, and companies should consider buying, borrowing, or building a model to meet this demand.
• A Melbourne-based cooking app, ReciMe, raised $1.5 million in seed funding with the support of former Yahoo CEO Marissa Mayer.
• CareSquare, a Sydney-based platform for disability plan management, raised $300,000 in seed investment.
• Redactive AI, a Melbourne-based dev platform, secured $11.5 million in seed funding for permission dev tools for the enterprise.
• Geolomics, a Brisbane startup focused on animal-free research, raised $2.2 million in pre-seed funding.
• The hosts share their goals for the week.

For more engaging discussions on the startup ecosystem and to show your support, follow The Growth Cartel.

⁠⁠⁠⁠https://www.linkedin.com/company/the-growth-cartel/⁠⁠⁠⁠.

Episode links

p3 studio - people, partnerships, purpose

https://p3studio.com.au/

Follow Vini on LinkedIn: https://www.linkedin.com/in/vinisharathod/

Teamified: ⁠⁠⁠⁠⁠https://www.teamified.com.au/⁠⁠⁠⁠⁠

Follow Brandon on LinkedIn: ⁠⁠⁠⁠⁠https://www.linkedin.com/in/brandonjkburns/⁠⁠⁠⁠⁠

4Phase Consulting

Follow Rhys on LinkedIn: ⁠⁠⁠⁠⁠https://www.linkedin.com/in/rhyshenderson/

Summary

In this episode, Brandon and Rhys discuss various topics in the tech and startup world. They cover the advancements in AI, the government's focus on industry collaboration, funding news, and the need for better AI education. The conversation highlights the importance of regional startups, the potential of quantum computing, and the lack of diversity in startup funding.

Takeaways

• AI is advancing with the introduction of agentic AI, which is more self-driven and can optimise processes.
• The government is focusing on industry collaboration for medium to large projects, allowing more opportunities for businesses to get involved.
• Regional startups often have innovative ideas and should receive more funding and support.
• Quantum computing is an audacious goal, and Australian startup Dirac is working towards building the world's first fully error-corrected quantum computer.
• Construction safety startup Breadcrumb has raised $4 million in expansion funding, highlighting the importance of safety in high-risk industries.
• There is a need for better AI education and training to help businesses effectively utilise AI tools.
• The lack of diversity in funding for startups, particularly for gender minority founders, is a problem that needs to be addressed.
• Investors should recognise the value of diverse teams in delivering success.

For more engaging discussions on the startup ecosystem and to show your support, follow The Growth Cartel.

⁠⁠⁠https://www.linkedin.com/company/the-growth-cartel/⁠⁠⁠.

Episode links

Teamified: ⁠⁠⁠⁠https://www.teamified.com.au/⁠⁠⁠⁠

Follow Brandon on LinkedIn: ⁠⁠⁠⁠https://www.linkedin.com/in/brandonjkburns/⁠⁠⁠⁠

4Phase Consulting

Follow Rhys on LinkedIn: ⁠⁠⁠⁠https://www.linkedin.com/in/rhyshenderson/⁠⁠⁠⁠

Summary

In this episode, Brandon and Rhys discuss various topics, including Nvidia becoming the world's highest-valued company, the hiring spree in the crypto gaming industry, the rising cost of tech talent in Australia, Canva's shareholder callback, and the success of ad tech platform Linkby.

Takeaways

• Nvidia briefly became the world's highest-valued company, driven by the significant institutional funds and exchange-traded funds entering tech and the AI boom.
• Crypto gaming companies, like Ed Craven's, are hiring and poaching talent from top Australian tech companies, offering significant sign-on bonuses.
• Has the hiring cost of tech talent in Australia returned to the halcyon days?
• Offshoring or setting up global teams can provide a competitive edge for businesses seeking affordable, high-quality tech talent.
• Canva's recent shareholder callback may be a non-story, as it is common for companies to have clauses in their contracts regarding labour and exit agreements.
• Ad tech platform Linkby has raised $4 million in a series A round.
• The success of a founder or entrepreneur with a proven track record can attract investors more easily.
• Growth for growth's sake is not the only metric to consider, and there is value in getting rich slowly.
• MarTech Intercept at Deakin is an upcoming event featuring speakers from various industries.

For more engaging discussions on the startup ecosystem and to show your support, follow The Growth Cartel.

⁠⁠https://www.linkedin.com/company/the-growth-cartel/⁠⁠.

Episode links

Patona: ⁠⁠⁠https://www.patona.com.au/⁠⁠⁠

Follow Brandon on LinkedIn: ⁠⁠⁠https://www.linkedin.com/in/brandonjkburns/⁠⁠⁠

4Phase Consulting

Follow Rhys on LinkedIn: ⁠⁠⁠https://www.linkedin.com/in/rhyshenderso

Summary

In this episode, join Brandon, Rhys, and Dickie live from The Tropical Innovation Festival. Dickie has been busy attending events in the Australian startup ecosystem, and he shares his experiences from the Australian Technologies Competition Masterclass Series to many sites from the Tropical Innovation Festival. He also discusses his recent burnout and the importance of being open and vulnerable. The team discuss networking strategies and the value of making genuine event connections.

Takeaways

• Participating in events within the startup ecosystem can be a game-changer, offering not just valuable networking opportunities but also deep insights into the industry.
• Being open and vulnerable about personal experiences, such as burnout, can help start meaningful conversations and support others.
• When networking at events, focus on building genuine connections and getting to know people on a human level.
• Remember, the true value of attending events lies not just in achieving specific outcomes, but in the joy of the experience and the meaningful connections you make along the way. This episode encourages you to embrace this mindset.
• Memorable moments at events can often come from unexpected experiences and interactions.

For more engaging discussions on the startup ecosystem and to show your support, make sure to follow The Growth Cartel.

https://www.linkedin.com/company/the-growth-cartel/.

Episode Links

Follow Dickie on LinkedIn: ⁠https://www.linkedin.com/in/dickiecurrer/

Hype Man. https://www.linkedin.com/newsletters/7095555528629633024/

Patona: https://www.patona.com.au/

Patona makes your startup funds go further. Set up your global team to scale your tech stack and team and compete with businesses across the globe. With teams across India, the Philippines and Sri Lanka, grow your team quickly!

Follow Brandon on LinkedIn: https://www.linkedin.com/in/brandonjkburns/

4Phase Consulting

We are a team of experienced professionals who work at the intersection of strategy design and execution. We guide businesses through every step of their growth journey, from startup and scale-up to growth and turnaround. We do not just advise; we are actively helping you realise your ambitions.

Follow Rhys on LinkedIn: ⁠https://www.linkedin.com/in/rhyshenderson/⁠

https://www.linkedin.com/company/4phase-consulting

Summary

In this episode, Rhys and Brandon discuss recent funding announcements in the Australian tech ecosystem, alternative lending, housing affordability, supply chain integration, and generative AI.

Takeaways

• The housing problem in Australia is a significant challenge that needs addressing.
• Alternative lending can help people enter the property market and solve the affordability crisis.
• Legacy industries can benefit from AI by improving efficiency and solving low-complexity tasks.
• Building with a generative AI accelerator can provide valuable support and knowledge for startups, but considerations should be made regarding platform dependency and scalability.

Episode Links

"The Contrarians with Adam and Adir" Podcast

https://podcasts.apple.com/au/podcast/the-contrarians-with-adam-and-adir/id1703720734

Patona: ⁠⁠https://www.patona.com.au/⁠⁠

Follow Brandon on LinkedIn: ⁠⁠https://www.linkedin.com/in/brandonjkburns/⁠⁠

4Phase Consulting

Follow Rhys on LinkedIn: ⁠⁠https://www.linkedin.com/in/rhyshenderson/

Summary

In this episode, we delve into the I'm Safe app, a powerful tool addressing women's safety, domestic violence and human trafficking. With features like an SOS alert for emergencies and evidence recording, the app empowers women to seek help and share experiences anonymously. Vini and Brandon discuss with Samson the importance of technology in enhancing safety, the necessity of cultural and societal shifts, and the crucial role of men, especially fathers, in modelling respect. We also explore the app's diverse applications, the founder's dedication, and the importance of partnerships and education in creating a safer world for women.

Takeaways

• The I'm Safe app aims to address the issue of women's safety and domestic violence by leveraging technology.
• The app has features such as an SOS feature that alerts trusted contacts during emergencies and a feature that records evidence of abuse.
• Cultural and societal change is necessary to address the issue of women's safety. Fathers play a role in modelling respectful behaviour towards women.
• Domestic violence has different nuances in different cultural groups. The conversation highlights the importance of respecting and valuing women as human beings.
• I'm Safe is a women's safety app that provides support to women experiencing domestic violence.
• The app allows women to share their experiences anonymously and seek help from women safety experts.
• The founder has invested over half a million dollars into the app because he believes in its mission. Partnerships with organisations and government agencies are crucial for the app's success.
• Education, awareness, and cultural change are essential in addressing domestic violence and creating a safer world for women.

For more discussions on the startup ecosystem and to support us, follow The Growth Cartel on LinkedIn: https://www.linkedin.com/company/the-growth-cartel/

Episode Links

Samson Selladurai: https://www.linkedin.com/in/sselladurai/

I'm Safe https://www.imsafe.app/

https://www.linkedin.com/company/imsafeapp/

Vinisha Rathod

p3 studio - people, partnerships, purpose

https://p3studio.com.au/

Follow Vini on LinkedIn: https://www.linkedin.com/in/vinisharathod/

Patona: https://www.patona.com.au/

Follow Brandon on LinkedIn: https://www.linkedin.com/in/brandonjkburns/

4Phase Consulting

https://www.linkedin.com/company/4phase-consulting

In the Growth Cartel weekly update episode, Brandon and Rhys discuss the question of whether Apple is late to the AI party and speculate on the loyalty of Apple's fan base. They also highlight the growing importance of AI skills in all industries and the potential for AI to make jobs more efficient. The hosts discuss recent funding raises in the agri-tech, health tech, and logistics sectors and analyse the reasons behind a down round for a medicinal cannabis company. They also mention a $10,000 business acceleration grant for startups from Airwallex and upcoming basketball networking events.

In this episode, Brandon and Rhys Henderson discuss various topics, including the Ticketmaster hack, cybersecurity, Donald Trump's social media presence, Elon Musk's AI venture, and Zella's grant program for small businesses in regional Australia. They also touch on the importance of mentorship and community support for small businesses.

Des John, the founder of Vibe Guide, talks about his new venture and takes the listener on a virtual tour of Melbourne's laneways. He explains the history behind the laneways and how they have evolved. Des also discusses the transformation of Melbourne's CBD from a purely business district to a vibrant residential and hospitality hub. The conversation touches on the Green Laneways Initiative, the city's multicultural food scene, and the lack of a traditional Australian dish.