It is telling that Australian venture-capital providers VCs have barely rated a mention in what has been a watershed year for local start-ups, and it appears that the vanishing act will persist for some time.
From boom to bust, from unconference to BarCamp and beyond, Mahesh Sharma tracks the fortunes of Australia's startup community.
Mahesh Sharma earned his pen licence in his homeland, where he covered the technology industry for ZDNet, SMH, Sky Business News, and The Australian--first as an FTE, and later as a freelancer. The latter fueled his passion for startups and empowered a unique perspective on entrepreneurs' passion to solve problems using technology. Armed with this knowledge, experience, and discipline, Mahesh has returned to his spiritual homeland India to document the mixed fortunes of one of the world's most exciting technology economies.
Experiments-outsourcing marketplace Science Exchange has raised $1.5 million in funding from a who's who of Silicon Valley investors, just months after the start-up graduated from the illustrious Y Combinator incubator program.
After the hit-and-run experience of group buying websites, you could forgive bricks-and-mortar small businesses for completely shunning the web, but a Sydney question-answer start-up is hoping to overcome this.
The incubator buzz has grown into a fully fledged bubble with the launch of a new type of company that takes a "significant minority stake" in a start-up, but doesn't give any cash in return.
Tyson Lundbech has mixed with some of the best and brightest entrepreneurs, including Apple and 11 times world champion surfer Kelly Slater. He's conquered Startup Weekends around the world and then successfully brought the concept to Australia. Now Lundbech's embarked on a start-up of his own.
Sydney fashion-swapping marketplace 99dresses has been accepted into the exclusive incubator Y Combinator.
Cloud competitors Ninefold and OrionVM should join forces in order to become globally competitive.
Australian retailers have their heads in the sand: small-world thinking and fear of technology has blinded them from a huge opportunity to lead the next generation of global technology development in the industry.
Wollongong start-up Grabble has become the latest Aussie success story after being acquired by Walmart's research and development unit, but for a while it seemed the boys almost missed the opportunity.
Wollongong start-up and Startmate alumni Grabble has been acquired by US retail giant Walmart, which will see the company's digital receipts technology and team relocate to Silicon Valley.
The most recent Startup Weekend produced some impressive businesses that will no doubt achieve financial success, but definitely will not be the next Google or Apple.
Car-sharing website DriveMyCarRentals expects to raise $50 million by Christmas as it gears up for a global expansion of its "virtual fleet" leasing model.
Startup Weekend Melbourne kicks off tonight at the newly opened York Butter Factory, and has $20,000 in prizes up for grabs for budding entrepreneurs.
Melbourne language learning application developer Native Tongue will chart a new course in its global expansion, prompted by an excursion to Beijing to exhibit at the first international TechCrunch Disrupt conference.
Aussie start-up success Atlassian will throw open its doors to host the Sydney Launch48 event, as "wannapreneurs" collaborate over a weekend to build a working, product prototype from scratch.