Oz Startup News – Monday, 10 December 2018


Land of the “Super Founders“— A Data-Driven Approach to Uncover the Secrets of Billion Dollar Startups


Ali Tamaseb, a VC at Data Collective spent 300 hours manually collecting data and quantifying 65 factors on 195 startups founded after 2005 and that passed the $1 billion dollar mark in valuation in order to uncover the common traits between companies and the founders who start them.

Ali goes onto produce a list of 50 unique and data backed insights on the topic.
By Ali Tamaseb from Data Collective

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URef helps check the pulse of fan sentiment towards referees

Australian startup URef channelled their frustrations with the large amount of negative conversation and annoyances with referees into a platform that gives fans a centralised voice to rate a referee’s match-day performance.
Their app-based platform checks the barometer of fan sentiment and emotion by asking users whether they agree with key decisions of a match and giving them the chance to rate a referee’s overall performance.


By Clint Vojdinoski from Startup Daily

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A new company promises to let Australians use crypto as collateral for personal loans. Yes, of real money.


If you’ve been following crypto prices recently, you’d know the market has seen better days. Just today, Bitcoin had slumped further to a new 15-month low of around $US3,400.
But Australian company Helio Lending is unfazed, announcing the launch of a new lending platform that uses crypto assets as collateral.
Helio will take custody of customers’ crypto holdings, in return for loans issued in up to four fiat currencies

By Sam Jacobs from Business Insider

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How To Tell A Story That Makes People Sit Up And Pay Attention

Jon Westenberg writes: “In order for you to tell an effective and engaging story on social media – whether it’s YouTube, Instagram, Twitter, Medium, whatever your poison happens to be – you need to have these elements, and show them in this order:

  1. Who
  2. What
  3. When
  4. Where
  5. Why
  6. How


By Jon Westenberg

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ACS releases starter guide encouraging more Australian businesses to adopt AI

ACS, the professional association for Australia’s ICT sector has launched Artificial Intelligence: A Starter Guide to the Future of Business, encouraging all Aussie businesses to embrace the use of artificial intelligence (AI).
The ACS launched the publication at their innovation hub at  Barangaroo, Sydney. ACS President Yohan Ramasundara, said the guide provides an easy to understand introduction to AI.

By Cec Busby from Startup Daily

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“It will essentially put them out of business”: Aussie AA Bill a threat to local startups

The Australian government has passed the controversial Assistance and Access Bill 2018 (AA Bill) on the final sitting day of the year, and without any of the amendments originally proposed by the Labor party.
The bill will allow law enforcement to access encrypted communications they believe may contain plans for illegal or terrorist activity.
However, concerns have been raised any back-door access would inherently weaken security. If it’s possible for the authorities to access encrypted data, it’s possible for cyber criminals to access it, too.

By Stephanie Palmer-Derrien from Smart Company

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URef Pty Ltd