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Suncoastangels

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25.01.2022 Where does Australia rank in terms of the investment in different countries? Not well.

24.01.2022 Here is a post from Sydney about Investible. Their website is at Investible.com Investible has closed its first venture capital fund of $22 million, as it hopes to help plug the gap in early stage funding in Australia. The fund, which has already made 12 investments, raised its first $10 million in only eight weeks from Club Investible members, but the remainder of the capital took around 12 months to raise....Continue reading

23.01.2022 Queensland has become an Angel Investment hotspot with Angel Loop network syndicating with Brisbane Angels who made 29 qualifying investments into 24 companies in the 2019 financial year more investments than the next three most active groups combined. Simon Horne CEO of Angel Loop has been working hard behind the scenes to get angel groups throughout Queensland established and supported. Angel of the Year went to Jordan Green, president of Melbourne Angels, the man many co...nsider angel investing’s godfather, having organised the Australian Association of Angel Investors. In the 14 years since I instigated the organised Angel community in Australia we have seen the Angel groups and the independent Angels grow to become the most significant source of capital for startups in Australia, he said If you are interested in the Angel investing area, either as an entrepreneur or as a investing member, then contact us at [email protected] See more

23.01.2022 Covid-19 is affecting investing investment in companies. We have seen a number of local companies find opportunities and have expanded globally. Some Suncoast Angel members invested in these companies 6 or 12 months ago. Never planned. Why not come along to our next meeting. (Will be virtual!) https://techcrunch.com//what-were-getting-right-and-wrong/

22.01.2022 Great thinking from silicon Coast group. They are looking for volunteers to help. Hey involved in local innovation

20.01.2022 Have you changed payment providers. One company we know changed from a big 4 bank and saved $100,000 per year in fees and exchange rates and moved settlement from 4 days to 45 minutes. https://www.entrepreneur.com/article/346185

13.01.2022 Great work by RDA

11.01.2022 An asset class is a grouping of investments that exhibit similar characteristics and are subject to the same laws and regulations. This data is from 2014, but unlikely to be much different in 2019. Venture Outcomes are even more skewed than you think. It is not 1/3, 1/3rd, 1/3rd, but over 21,600 companies in the USA 2/3rds went bust or failed to return 1 times returns.

08.01.2022 KPMG found that Australia had an increase in venture capital (VC) funding in 2019 to US$1.145 billion, an increase from US$1.033 billion in 2018. Amanda Price highlights some of the major companies have including Canva and AirWallex. https://www.businessinsider.com.au/australia-venture-capita

08.01.2022 The Coast has some great innovation centres - Sunshine Coast Innovation Centre, the Peregian Beach Digital Hub. Here is a video from the Peregian Hub. https://youtu.be/U8cHG9gxnTw

05.01.2022 Kate Cornick, the CEO of LaunchVic, the Victorian government’s startup program says Startup investing is really unique. For one to work and to be successful it needs a founder with a vision, an opportunity and the ability to grow it into a big company and that’s a big ask" https://www.businessinsider.com.au/angel-investing-how-to-s

04.01.2022 CURIOUS ABOUT ANGEL INVESTING? The Suncoast Angels are running a free workshop that provides a broad introduction to Angel Investing. Not only will you learn about the investment process, you will also have the opportunity to ask questions of experienced Angel Investors. Check it out at Eventbrite.

01.01.2022 Released on Wednesday by Victorian state-government funded body LaunchVic, this report showed the level of angel investment per capita in Australia was low on a global basis at $3.60, compared to $5.14 in New Zealand and $12.01 in the UK and $25.44 in the United States. Speaking to The Australian Financial Review, LaunchVic chief executive Kate Cornick said the amount of money being received per deal by startups had increased, but this was leaving a gap for younger companies needing smaller amounts of money. "The challenges associated with angel investment highlights a missing link in Australia's startup funding landscape which is inhibiting early-stage startups from scaling and realising their economic potential," she said.