Start-ups
WeWork tumbles after raising ‘substantial doubt’ about future
A few years ago, WeWork was one of America’s most valuable start-ups. Then came its IPO disaster, followed by the pandemic, which dealt another blow.
- by Ellen Huet
Latest
‘Not if, but when’: Australian flying car start-up sets sights on Dubai
“Flying cars are no longer figments of imagination in the realm of science fiction movies and will enter into mainstream service in the very near future,” says Australian start-up Pegasus.
- by Lucy Cormack
Beer, cannabis, hydrogen: Plenty of cash to splash on crowdfunding campaigns
Cost of living crisis be damned; economic downturns are precisely when equity crowdfunding tends to flourish, says Birchal boss Matt Vitale.
- by Jessica Yun
Investigation
For subscribers
This athlete turned tech bro was chasing a start-up dream. Now he’s accused of faking a PhD
The start-up world is full of entrepreneurs like Steven Leven, striving for dreams that others see as implausible. But there are boundaries.
- by Anthony Segaert and Nick Bonyhady
‘We could see the end’: How Thankyou Group averted its ‘Death Star’ moment
Melbourne social enterprise Thankyou Group is readying to launch its products to the world – but five years ago, the business was on the brink.
- by Jessica Yun
Exclusive
Beer
‘Blank canvas’: Heaps Normal boss sparks cannabis conversation
Non-alcoholic beverages have cemented their position in the market. Now Heaps Normal’s CEO Andy Miller says it’s time to talk about cannabidiol, or CBD, products.
- by Jessica Yun
Cyrus sold a stake in his company for $100 that was soon worth millions. He says he was tricked
Cyrus Hodes says he was led to believe by a fellow Stability AI co-founder that his 15 per cent stake was worthless months before the start-up hit a $US1 billion valuation.
- by Mark Bergen
Zero gravity: The Queensland tradies taking float therapy global
Brisbanites Tim Butters and Jeremy Hassell were initially sceptical until they tried it for themselves and decided to build their own.
- by Jessica Yun
Bottling success: How cult favourite coffee cup company Frank Green went viral
Reusable cup company Frank Green has built a social media following that businesses usually only dream about. It came about almost by accident.
- by Jessica Yun
Don’t look for loopholes, Medical Board chair tells online doctors
The Medical Board of Australia has seen cases of telehealth patients getting the wrong drugs, the wrong dose or a prescription on outdated information.
- by Nick Bonyhady
Exclusive
Funding
Canva investor cuts valuation by 10 per cent again
Australian start-ups are facing a “mortgage cliff” as companies boasting paper valuations in the hundreds of millions start to run out of cash and raise money at much lower prices.
- by Nick Bonyhady