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** TO ATTEND PLEASE REGISTER VIA EVENTBRITE HERE: https://www.eventbrite.com.au/e/startup-success-series-pre-revenue-startup-valuation-tickets-112208418400 ** There has been a lot of discussion amongst the Startup Vic founder community in recent weeks about how to properly value a pre-revenue startup. Investment can be difficult to come by as we continue to adjust and get used to the 'new normal'. Having a strong and accurate pre-revenue value estimate is more important than ever. A pre-revenue valuation can be more of a negotiation art than science, particularly in the earlier stage of a startup's existence where so much has to be estimated to come to a figure. Founders typically want a high valuation while investors want a low one to increase their potential return on investment, and finding the right estimate between the two is a crucial part of any startup journey. That's why for this edition of the Startup Success Series, we've invited expert panellists to discuss startup valuation and answer your questions on the topic. Specifically, we'll aim to cover: - What is a valuation, really? - Why it's important - How to value your startup - Traps to avoid and practical tips Format The session will be run as a virtual fireside chat with expert panellists Jackie Vullinghs, Investment Manager at AirTree and Dominic Dirupo, Principal at Alphastation Communications. The discussion will be moderated by Startup Victoria CEO, Judy Anderson. There will be time allocated for participant Q&A and resources will be shared on the Startup Victoria website after the event. The first 100 tickets are free of charge.
*** TO ATTEND PLEASE REGISTER VIA EVENTBRITE USING THIS LINK: https://www.eventbrite.com.au/e/pitch-night-corporate-culture-to-startup-scene-tickets-111042272426 *** Startup Victoria presents Pitch Night: Corporate Culture to Startup Scene! The jump from corporate culture to the startup scene can be a terrifying one. Giving up security to start something new in the relative unknown isn't a decision to be taken lightly, but many in the Victorian startup ecosystem have taken the leap! The average Victorian founder age is 36 - founders are gaining both life and work experience before turning to the entrepreneurial lifestyle. At Pitch Night: Corporate Culture to Startup Scene, we'll be focusing on those founders who have left their corporate careers behind in pursuit of creating their own successful startup! The criteria is simple; at least 1 founder of the startup must have been working in the corporate sector prior to starting the company and be based in Victoria. Startups of any size from any industry are welcome to enter! The Pitch Night On the night, four founders will pitch their startups to a virtual room of industry professionals, fellow founders and an expert panel of judges to win The Startup Vic Prize Package! Timeline 30 June - Applications open 19 July - Applications close 20 July - Shortlisted applicants announced 23 July - Pitch training for shortlisted applicants 24 July - Finalists announced 28 July - Pitch Night To apply: Please fill out this form by COB 19th July: https://startup-victoria.typeform.com/to/qhMdsi8t _____________________________________________________________________________________ Prize Package - Airwallex: First $100K of foreign exchange free on Airwallex ($0 fees, 0% margin) for winner, first $25K of foreign exchange free on Airwallex ($0 fees, 0% margin) for finalists - Austrade: Market readiness consultation session with the Landing Pads team. If ready, priority access to the Landing Pads program at a location of your choice (Singapore, Berlin, Tel Aviv, San Francisco, Shanghai) - AWS: $5,000 AWS Credit to the winner and $1,000 AWS Credit to finalists - Cogent: 3 hour product review and strategy session with a senior product manager, developer or UX designer - Coghlan Duffy & Co: 1 x hour free legal audit and advice - Dovetail: 1 x hour product development and tech architecture workshop - LUNA: Free 1 hour consultation for both legal & financial services followed by a 25% discount on services (valid for 30 days after relevant consult in legal or financial services) - Pfizer: 1 x hour mentoring with a Pfizer senior leader - SendGrid: $5,000 credit to winner and $3,000 credit to finalists - Stone & Chalk: 3 months free inc. access to the COLLAB Residency Package - Stripe: $50,000 of volume waived of Stripe fees - SquarePeg Capital: 30 x minutes consultation with the team - William Buck: 30 min R&D Incentives consultation with Rita Choueiri, Head of R&D Tax Incentives at William Buck