‘The math just didn’t make sense’: Why Milkrun didn’t work in Australia
This week instant grocery delivery app Milkrun announced its closure. Here's why some experts weren't surprised.
Milkrun failed because it was “trying to do the right thing” by employees, union says
Instant delivery startup Milkrun failed because it could not compete against platforms offering riders lower pay and worse conditions, says the Transport Workers Union.
Milkrun collapse: Instant delivery startup lays off remaining staff and plans to close doors this week
Instant delivery pioneer Milkrun will reportedly lay off its remaining staff and cease trading this Friday, marking the demise of a startup which promised to revolutionise the grocery shopping experience but struggled to adjust to a rapidly changing economic climate.
Fivecast secures $30 million for its AI web monitoring aimed at national security
Adelaide-based AI startup, Fivecast, just secured $30 million in Series A for its cybersecurity analysis platform which can hunt down online info almost as fast as your girls' group chat.
“It f*cking rocks and this sucks”: Gourmet ready-meal service CoLab calls in the administrators
Gourmet ready-meal and pantry goods delivery service CoLab has called in the administrators, becoming the latest direct-to-consumer food platform to stumble in a rapidly changing Australian market.
How to navigate the tech startup world as a woman founder with a non-technical background
Many non-technical woman founders express reluctance to ask too many questions of their (predominantly male) tech teams and engineers. Their reasoning is it can trigger their imposter syndrome.
Culture eats growth for breakfast: Why startup leadership needs to pivot
Old leadership styles that prioritise profits ahead of culture are in freefall. The current war for talent means the best people want and demand the best workplaces that align clarity, values and purpose in their daily operations.
Three Australian startups that landed over $22 million this week
We have three great Australian startups that managed to collectively land over $22 million this week. And they're an eclectic bunch!
On the scene for Microsoft’s latest layoffs and AI security announcement
In the last 24 hours more Microsoft staff were laid off while it announced another AI product. We headed to its Redmond campus to find out more.
Succession planning can help younger generations seamlessly take over their family business. Here’s how
Succession planning is a way to help younger generations take control, often more gradually. These families set up, acquire and manage family businesses in parallel over a long period of time. This provides a training ground for younger generations.
Planning to equity crowdfund? Three lessons (and one bonus tip) from Old Young’s’ record-breaking raise
Your business is strong. Your fanbase is loyal — and growing. It could be time to seek external funding to expand, and equity crowdfunding looks like a viable option. But how do you maximise that potential?
Five key lessons young entrepreneurs need to know before starting a business
One of the most valuable lessons in business to learn is that there's no right or wrong in entrepreneurship,
