I have have participated is both Sydney Startupcamps and often pay some of the booze. I am the founder of Cleantech company that may/should float on the ASX early next year. Yes, I am one of the 'adult board members' most start-ups need.
All the companies will be sold via auction in 2-3 weeks and I will be bidding on at least one of the business personally.
The amount of knowledge transferred to both the team members and the start-up community is huge. Even the NSW state government is learning what is needed to help start-ups because people talk to them every week. It is a slow process but it is happening.
Over the last year the amount of value and intellectual capital generated because of Bart and Kim is HUGE.
I have been involved with small business creation for nearly 20 years and I had never heard the term start-up for the first 10 years! The excitement and momentum that exists now is best I have ever seen.
Under the British / Canada / South African / Australian model the whole article is bulldust. It may be the practise in America to yield to an all powerful CEO / Chairman but CEOs are mere 'hirelings' and it is the board legally runs the company. The board set the strategy. The board is the company. In the spirit of Louis XXIV of France, "Nous sommes la compagnie"
I own a cleantech company, mainly small utility photovoltaics, in Australia a tradesman (a tradie) working with solar energy earns a minimum of $70Kpa (US$ 54K) and if he owns a company which employs 6 other tradies, he will earn over $1 million a year.
In Australia, the marketer even have a term CABs (cashed up bogans) a bogan is similar to a urban redneck.
I have often heard complaints from very high level government officials, that every time they increase the government funding of solar energy, all that happens is the tradies increase their prices.
In Australia, similar to many European pays up to 75% of the cost of installing solar energy equipment.
I have a MBA and guest lecture MBA students at several of the better universities in Australia.
In Australia, non-resident MBA students account for a large portion of the total income of the university.
Think American football except the games are rigged so "ever paying player gets a prize" or Australian residency.
All the companies will be sold via auction in 2-3 weeks and I will be bidding on at least one of the business personally.
The amount of knowledge transferred to both the team members and the start-up community is huge. Even the NSW state government is learning what is needed to help start-ups because people talk to them every week. It is a slow process but it is happening.
Over the last year the amount of value and intellectual capital generated because of Bart and Kim is HUGE. I have been involved with small business creation for nearly 20 years and I had never heard the term start-up for the first 10 years! The excitement and momentum that exists now is best I have ever seen.
Bart and Kim (and Brian) you ROCK!!!