ASX Announcements
June 2024
- Exclusive
- Funding
Financial adviser tech firm $20m richer after funding dash
Dash Technology, a Sydney fintech that sells software to financial advisers, has secured $22 million funding, with $20 million coming from ASX-listed VC firm Bailador.
- Paul Smith
December 2023
Men’s health player Mosh appoints adviser to explore exit options
Gavin Jacobson’s advisory firm has won the sell-side mandate to explore options for Mosh.
- Sarah Thompson, Kanika Sood and Emma Rapaport
June 2023
- Exclusive
- Entrepreneur
Scuba diver’s tech dream pays off as company sells in big money deal
It was while working as a scuba diving instructor, and running a dive centre in Thailand, that Simon Lenoir had the idea that would make his fortune.
- Updated
- Paul Smith
April 2023
Why fintechs are facing the same problem as MilkRun
Start-ups with inherently low margins will need to convince investors they can break even in a tough fundraising environment.
- Tess Bennett
September 2022
Bargain-hunting opportunities for the brave
Taking a punt on the underlying assets of some listed investment companies is a strategy that could pay off, but there are risks in premium and discount distortions.
- Emma Rapaport
August 2022
- Exclusive
- Venture capital
Canva downgrade sparks valuation rethink for local tech
The tumbling value of Australia’s technology darling Canva has prompted VC funds to re-appraise their portfolios.
- Paul Smith and Yolanda Redrup
October 2021
Bailador’s SiteMinder stake value jumps 21 per cent to almost $100m
With the SiteMinder IPO fully underwritten over the weekend, Bailador has upped the value of its position in the business ahead of the float.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
September 2021
- Exclusive
- Capital raising
Tech unicorn bides its time with IPO after raising $100m
Billion-dollar valued hotel software platform SiteMinder has banked a big-money funding round, with Fidelity joining its roster of heavyweight backers as an IPO looms.
- Paul Smith
April 2021
Bailador taps Morgans for placement
Listed technology investor Bailador Technology Investments was fronting funds on Tuesday morning, trying to raise up to $20 million in fresh capital.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
February 2021
Bailador bids good riddance to Viostream
Viostream was worth $23 million in 2018, but Bailador isn’t lamenting its $1.1 million sale.
- Myriam Robin
November 2020
Aussie tech unicorns keep on growing through COVID-19
Aussie tech successes Siteminder, SafetyCulture and Envato are so far preserving their nine-figure valuations, according to newly lodged financial statements.
- Michael Bailey
September 2020
Investors buoyed as tech firm's value soars in lockdown
ASX-listed tech investor Bailador has upped the value of its stake in Instaclustr by 42 per cent to $27 million after it continued to flourish despite the pandemic.
- Yolanda Redrup
November 2019
The big discount danger of LICs
If $1 of assets is available for 80¢ in a listed investment company, is it a massive buying opportunity or a sign that times have changed?
- Tony Featherstone
October 2019
Tech investors warn against rushing for the exits
Tech founders and venture capitalists have told investors to ignore panic about over-priced growth companies and take a mature approach to assessing high-flying tech stocks and start-ups.
- Paul Smith and Natasha Gillezeau
September 2019
- Opinion
- Media & marketing
Aussie IPO hopeful in limbo after sudden Facebook ban
Well-backed social media marketing platform Stackla is scrambling to resolve a potentially devastating move by Facebook to block its products over data misuse accusations.
- Paul Smith
July 2019
Bailador boss says tech stocks look 'quite risky'
The share prices of listed Australian technology companies "are what the market says they are," David Kirk declares. But if you're investing in a stock valued at 25-30 times revenue, "that's obviously quite a risky proposition".
- Luke Housego
April 2019
- Exclusive
- Funding
Stackla to IPO as Bailador eyes start-up exits
The ASX-listed tech venture capital fund run by former Fairfax CEO and All Blacks captain David Kirk is eyeing exits as it seeks to prove it is under-valued.
- Yolanda Redrup
September 2018
Tech VC Bailador reaps benefits of US focus as big exit deals loom
ASX listed VC Bailador took a punt on a full time partner in New York and says it is paying dividends in helping close start-up funding rounds and targeting potential big tech buyers.
- Updated
- Paul Smith
May 2018
How the Rich Invest: Jack Cowin on a roll with US Domino's
Shares in the NYSE-listed Domino's recently hit a record high.
- Updated
- John Stensholt
November 2017
How the Rich Invest: Jack Cowin
Jack Cowin has enjoyed a big year for some of his investments, both those on the ASX and in the private sector.
- Updated
- John Stensholt