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How these angel investors turned $440k into $11m

Tess Bennett
Tess BennettTechnology reporter

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When the founders of Clipchamp first approached Brisbane Angels – a group of Queensland investors – asking for investment in the video editing software company, they were turned away.

“When they first pitched to us, there wasn’t that much interest,” said John Mactaggart, chairman of Brisbane Angels and a director of ASX-listed technology company TechnologyOne. “We kind of said no.”

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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com

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    Original URL: https://www.afr.com/technology/how-these-angel-investors-turned-440k-into-11m-20221005-p5bncx