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    Entrepreneur Summit

    Deep dive into the pulse of entrepreneurship at the Financial Review Entrepreneur Summit.

    Event Details

    Being long in Unicorn-hunting VC is almost certainly a money-making trade, but there are opportunities to go short too.

    AFR Entrepreneur Summit 2024

    The annual summit for both established and emerging entrepreneurs looking to get it right in the ever-evolving business landscape.

    Entrepreneur Summit - Final release registration

    Join the AFR journalists in sessions with leading entrepreneurs and business founders as they reveal invaluable insights and strategies essential for not just surviving, but thriving in the current atmosphere of economic uncertainty.

    Register

    Featured

    Andrew Speers, Founding Partner & Chief Operating Officer of Sohi Partners.

    NSW surgeons bet they can beat investment bankers with VC fund

    Two surgeons behind a new $50 million venture capital fund based in Bowral, NSW, have launched a new venture capital fund.

    • Tess Bennett
    Envato co-founders Cyan and Collis Ta’eed, built a company that was ultimately acquired for $375 million.

    Why we should celebrate the unsung heroes of the Aussie tech scene

    Successful start-up exits deliver rich returns to investors and create wealth for founders and some employees, and hopefully recycle talent back into the sector.

    • Leigh Jasper

    How a uni dropout went from Maccas to building a $100m company

    Mark Woodland was expanding his education start-up before realising he’d overlooked a critical component for its success and he had to fix it.

    • Julie-anne Sprague

    Biotech start-up raising $20m pre-IPO amid missed payment claims

    Plasma start-up Aegros has been accused of not paying suppliers and missing payroll, put is still planning on a 2025 IPO.

    • Yolanda Redrup and Carrie LaFrenz

    Growing pains: Tougher times put VC on a collision course with media

    From rumblings of a boycott to senior technology investors complaining, Australia’s start-up and media industries aren’t as close as they used to be.

    • Nick Bonyhady
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    This Month

    Tony Fitzgibbon, founder and chairman of Data Zoo, a fintech which has banked a $30 million investment.

    $100m Sydney fintech raises $34m to take on global rivals

    Ellerston Capital has taken a stake in digital identity and verification player Data Zoo, in a deal that values the Sydney-founded business north of $100m.

    • Tess Bennett
    George Peppou of Vow

    R&D boost needed for Future Made in Australia plan to fly

    Australian firms that develop innovative technologies say they are disincentivised to build their products in Australia and are calling for R&D incentive changes.

    • Tess Bennett

    April

    Shane Hodgkins, CEO and co-founder of Melbourne-based construction start-up Matrak, has opened a China office.

    Aussie tech pushes into China, Taiwan despite geopolitical risks

    Canva co-founder Cliff Obrecht has warned start-ups China should not be their first market but says it has massive rewards for companies that can make it there.

    • Updated
    • Jessica Sier
    Being long in Unicorn-hunting VC is almost certainly a money-making trade, but there are opportunities to go short too.

    AFR Entrepreneur Summit 2024

    The annual summit for both established and emerging entrepreneurs looking to get it right in the ever-evolving business landscape.

    February

    Adam Gilmour, chief executive of Gilmour Space, bought into the company’s latest capital raise.

    The Gold Coast’s answer to SpaceX is now worth $605m

    Gold Coast-based rocket company Gilmour Space has closed a $55m funding round, which will give it enough cash to make its first four launch attempts.

    • Tess Bennett
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    June 2023

    Blackbird Ventures partner Nick Crocker earned the ire of one experienced tech investor for suggesting it was right to make overvalued investments in 2021.

    VCs told to get real about their role in the tech wreck

    A seasoned investor watching last week’s AFR Entrepreneur Summit was stunned to see their VC peers’ lack of self-reflection about hugely over-valued start-ups.

    • Paul Smith
    chook podcast

    Rate rise that broke retail | How VC picks the next big thing | Chalmers’ Lowe dilemma

    In this week’s podcast episode, James Thomson and Anthony McDonald see more signs rate rises are hitting consumers, and discuss how investing can be an art.

    CSIRO chief Larry Marshall told the AFR Entrepreneurs Summit it was CSIRO tech that “invented” Wi-Fi.

    Australia’s dud report card on innovation and entrepreneurship

    The collapse in venture capital is likely to stall already tepid R&D spending and innovation, raising profound questions about Australian entrepreneurialism.

    • Tom Burton
    Tim Doyle, from Eucalyptus, and Kayla Itsines, the fitness app founder, debate Ozempic.

    Ozempic’s ‘an eating disorder’: Kayla Itsines and tech entrepreneur clash

    The high-profile fitness instructor hit out at the use of drugs like Ozempic on a Financial Review panel alongside the CEO of weight-loss injection selling start-up Eucalyptus.

    • Nick Bonyhady
    Kayla Itsines, co-founder of Sweat.

    Three things Blackbird looks for in a start-up founder

    As much as equities investors may be put off by venture capital’s white sneakers and airy approach, the two are looking for the same thing: a magnetic leader.

    • Anthony Macdonald
    Flying Fox Ventures co-founder Kylie Frazer at The Australian Financial Review Entrepreneur Summit on Tuesday.

    Creative crunch time for entrepreneurs

    Crunch times are part of the process of concentrating the allocation of ultimately scarce capital to the entrepreneurs who have the best chance of long-term success.

    • The AFR View
    Erika Cheung, co-founder and director of Ethics in Entrepreneurship, says blowing the whistle on Theranos was the hardest thing she’s done.

    I would do it all again, Theranos whistleblower says

    Erika Cheung says putting Elizabeth Holmes in jail was never her intention, but potential harm to patients made her speak up.

    • Jessica Sier
    Michelle Simmons says she strongly believes she can beat tech giants in the quantum computing race.

    Tech wreck forces entrepreneurs to wash their own face

    Australia’s best tech start-ups know they will survive tougher market conditions, and don’t mind if frothier companies fall by the wayside.

    • Paul Smith
    George Peppou, founder and CEO of Vow, which is seeking to get cell-based foods approved in Australia, at the Entrepreneurs Summit.

    Australia’s food, drug and finance regulators can be progressive

    Founders say Food Standards Australia and the Therapeutic Goods Administration are open to supporting new business models.

    • James Eyers
    CSIRO CEO Larry Marshall reminding delegates to the AFR Entrepreneurs Summit that it was the CSIRO that invented WiFi technology.

    Larry Marshall says Australia needs more ‘scientist CEOs’

    Before he steps down at the end of the month, the CSIRO chief executive has issued a call to arms to founders to find a ‘market vision’ to drive innovation.

    • James Eyers
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    Building out the nighttime economy and social interactions are helping to support the shift to hybrid working, according to Investment NSW chief executive Katie Knight.

    NSW government aims to build innovation hub nightlife

    Investment NSW says it wants to help create a vibrant nightlife around its innovation precincts to make them attractive places to work and socialise.

    • Tom Burton
    Technology reporter Jessica Sier interviews LVLY co-founder Hanna Spilva, CitrusAd co-founder Brad Moran and Leigh Jasperr, a co-founder of Aconex.

    Take the cash in a start-up sale, not golden handcuffs, founders say

    Several large Australian venture capital firms launched their first funds a decade ago, putting pressure on them to find exits.

    • Nick Bonyhady
    Brad Moran sold his business, CitrusAd, to France’s Publicis Groupe in 2021.

    After a $205m exit, this founder shares his ‘first-world problem’

    The former Adelaide Crow footballer says he had tied his identity to business success, and opened up about the fallout of leaving that behind.

    • Nick Bonyhady
    WiseTech chief executive Richard White is optimistic about the future of the ASX.

    Better to list in Australia rather than on the Nasdaq: WiseTech boss

    Richard White told The Australian Financial Review Entrepreneur Summit that a shrinking sharemarket was a global phenomenon.

    • Tess Bennett
    Jackie Vullinghs, partner at AirTree, says normality has returned to the VC sector.

    VC investors talk tough after year of ‘madness’

    The boom in venture capital shifted the power balance from investors to founders. But now the capital has dried up, a new reality has set in. 

    • James Thomson