Sydney start-up Eucalyptus seems to have hit on to a winner with its weight-loss brand Juniper, with venture capital investors loosening their purse strings to fork out $50 million at a $560 million post-money valuation.
Eucalyptus chief executive Tim Doyle sat for this photo for the AFR Magazine last year to illustrate the start-up crash. Nic Walker
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
