Double unicorn start-ups losses spiral to $62m
Most recently valued at more than $2bn, SafetyCulture’s losses have tripled but its founder says his company is still on track to be the next Atlassian or Canva.
Most recently valued at more than $2bn, SafetyCulture’s losses have tripled but its founder says his company is still on track to be the next Atlassian or Canva.
A third major proxy adviser has backed directors proposed by the Atlassian billionaire, the energy giant’s largest shareholder.
The software billionaire – and his market followers – have seen little but losses over the last year.
Genex Power remains in takeover talks with tech titan Scott Farquhar but its key hydro project in Queensland has hit a hurdle.
SunDrive, the start-up hoping to replace silver elements in solar cells with cheaper copper, has drawn the support of heavyweight investors as it raises $21m.
The Atlassian billionaire has written to investors advocating for four directors recommended by his private Grok vehicle – three of which are opposed by the energy giant.
Technology giant Atlassian has defended its two-tier pay system for workers, with co-founder Scott Farquhar saying it is common practice.
Only one of the four people Atlassian billionaire Mike Cannon-Brookes wants to join the AGL board has won approval from the company ahead of its AGM.
Mike Cannon-Brookes and Canva billionaire Cameron Adams are backing this start-up aiming to get thousands more electric vehicles onto Australian roads.
One of the world’s most successful software companies is so keen to recruit it is driving a special bus to Brisbane, the Gold Coast and Sunshine Coast in search for 1000 new employees.
An Aussie software company has announced a huge recruitment drive with a “work from anywhere” policy and expected six-figure salaries.
The Australian start-up that supplies Uber riders with e-bikes has laid off dozens of workers, after raising more than $120m from Mike Cannon-Brookes and Scott Farquhar.
The company, which has been criticised for continuing to do business in the country after the invasion of Ukraine, said it would wind down operations this month.
Dovetail co-founder Benjamin Humphrey, who has more than doubled staff over the past year to 100 people, says he deliberately wants an ‘in person first’ approach.
Virtual Gaming Worlds was only established 12 years ago, but is now the sixth-biggest private company in Australia, ahead of big names like Linfox, Chemist Warehouse and Spotlight. See the list.
Atlassian is set to launch a major global advertising campaign as it attempts to turbocharge a five-fold increase in sales to become a $US10 billion revenue business.
The Genex Power share price has thrown up questions about whether a consortium led by the interests of Atlassian co-founder Scott Farquhar will proceed with acquisition plans.
Power giant AGL Energy faces impatient investors looking for a cohesive plan to guide it through massive electricity market volatility.
Tyro Payments may have been struggling for some time, and the question is whether another bidder is lurking at the right price.
The tech company has poached a key Meta executive to scour for talent as it plans to reach 25,000 staff, putting it on a par with the likes of Qantas and Telstra.
Original URL: https://www.theaustralian.com.au/topics/scott-farquhar/page/6