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Failed AI tech company boss charged with misleading investors

Failed AI tech company boss charged with misleading investors

The billion-dollar AI start-up Metigy collapsed in 2021, with its former CEO now facing five counts of making false and misleading statements, and one count of misusing his position as a company director.

  • by Anthony Segaert and Nick Bonyhady

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The $22 trillion question hanging over Wall Street
Opinion
AI

The $22 trillion question hanging over Wall Street

Some of the world’s biggest technology investors have lined up to bet on artificial intelligence pioneer OpenAI. They will be banking on a big return.

  • by Stephen Bartholomeusz
‘Land of dreams’: The Australian high-flyers on edge as Trump and Harris duke it out
Perspective
Software

‘Land of dreams’: The Australian high-flyers on edge as Trump and Harris duke it out

Australia’s tech insiders are enjoying a surge in optimism from the Fed’s bumper rate cut, but all eyes are now on the US election.

  • by David Swan
Venture capital fund Rampersand ramps up hunt for next Aussie unicorn
Exclusive
Funding

Venture capital fund Rampersand ramps up hunt for next Aussie unicorn

Success stories such as Canva and Culture Amp are more than a decade old, and this fund says it’s time to find and fund the next crop of billion-dollar start-ups.

  • by David Swan
‘Time and time again I’m overlooked’: Women locked out of tech funding

‘Time and time again I’m overlooked’: Women locked out of tech funding

Funding to female entrepreneurs is at its lowest level in five years, and those in the sector are at odds over what to do next.

  • by David Swan
‘Careful who you get into bed with’: Sleeping Duck case rocks start-up sector

‘Careful who you get into bed with’: Sleeping Duck case rocks start-up sector

The mattress maker’s court trial, which resembled a real-life episode of Shark Tank, offered a rare glimpse into how the start-up sausage is made.

  • by David Swan
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Proposed super laws a ‘kick in the guts’ for tech start-ups
Exclusive
Start-ups

Proposed super laws a ‘kick in the guts’ for tech start-ups

Teal independent MP Allegra Spender is leading a chorus of technology start-ups and investors criticising the government’s proposed superannuation changes.

  • by David Swan
‘Capital raising is dead’: Failed fintech Sargon has its finances put under microscope

‘Capital raising is dead’: Failed fintech Sargon has its finances put under microscope

Liquidators are questioning witnesses in the Federal Court about the finances of failed fintech venture Sargon, over allegations the company potentially traded while insolvent.

  • by Sumeyya Ilanbey
Start-up sector ‘a breeding ground’ for inappropriate behaviour
Exclusive
Funding

Start-up sector ‘a breeding ground’ for inappropriate behaviour

Investor Elaine Stead says she’s not done banging the drum about Australia’s ‘juvenile’ tech sector.

  • by David Swan
Tech unicorns vanish as start-up funding plummets

Tech unicorns vanish as start-up funding plummets

Australia did not produce a billion-dollar tech “unicorn” in 2023, but investors remain bullish about the year to come.

  • by David Swan
Why Mentorloop got off the venture capital ‘hamster wheel’

Why Mentorloop got off the venture capital ‘hamster wheel’

Lucy Lloyd and Heidi Holmes are calling for more start-up founders to ditch venture capital funding as the ‘tech wreck’ deepens.

  • by David Swan

Original URL: https://www.theage.com.au/topic/venture-capital-1n1u