The Growth Cartel

The Growth Cartel - Weekly 24th June 2024


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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

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The Growth CartelBy The Growth Cartel