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Pitch Night: SportsTech and Esports Recap

Startup Victoria held their very first in-person Pitch Night of the year last month, and this time the theme was SportsTech and Esports. 4 lucky startups were chosen to pitch to an audience of over 100 from all over the Victorian startup community, with 3 discerning judges making the final call on who should win. This time the startups chosen...
startupvic 06 Apr '21

Pitch Night: GovTech Showcase

We received over 30 impressive applications for the upcoming Pitch Night: GovTech on Tuesday 23rd February 2021. Check our some of our favourite startups below ✨ Frontline Data Systems | Frontline Data Systems Founder: Louka Ewington-Pitsos Pitch: We have created an AI that detects defects on road surfaces which we are using to...
startupvic 23 Feb '21

How to gain the most out of your Operating Leverage

One major reason for stock markets performing strongly during the pandemic has been the belief that companies will layoff employees and replace them with technology. This is expected to make companies more efficient and thereby improve profit margins. Coupled with the vaccination program and government stimulus, investors expect profits to boom...
CornellTsiang 09 Feb '21

Gaining financial flexibility

Many corporates have managed the initial months of the pandemic crisis and are now settling into a period I call “limbo land”. It is a peculiar period of fluctuating activity.  Nations are either entering or exiting various forms of lockdowns.  This cycle will probably continue until a vaccine has been successfully...
CornellTsiang 02 Nov '20

Why your gut is failing you

Digital transformation has been a buzz phrase for years now. While the pandemic has stuck a rocket under this change initiative, there is one area which has lagged behind: executive decision making.  It is tempting to accuse senior executives as being digital Luddites causing this inertia. That is a fair accusation. Having said that,...
CornellTsiang 22 Oct '20

Bring back a bit of normal!

In normal times, businesses would have a vision. Resources and time would have been spent devising a set of goals along a road map to achieving this vision. In normal times, leaders would imagine stretch goals, which seemed impossible, for teams and staff to aspire to. The COVID-19 pandemic has disrupted many of these practices. In the...
CornellTsiang 19 Oct '20

Why do companies get stuck

During this pandemic, key lessons to be learnt from prior economic crises have been proselytized by every consultant and his dog - including me.  The fundamental message, which is essentially the same, revolves around impetus and change. Such advice has been extensively discussed for over a decade. Specifically, these are to quickly...
startupvic 08 Oct '20

Hunting for gold amongst write-downs

A common outcome emerging from earnings announcements this year has been losses arising from write-downs.  Within the US, impairment charges for the first half of 2020 have exceeded $260 bn which is almost 30% higher than the entire amount recorded in 2019.  Moreover, it is on track to exceed the highest for the past 20 years which...
CornellTsiang 30 Sep '20

Pitch Night: HerStartup Showcase

We received over 60 impressive applications for the upcoming Pitch Night: HerStartup on Tuesday 29th September. Check our some of our favourite women-led startups below ✨ Acorn Games | acorngames.com.au Founder: Andrea Pitch: We create online competitive multiplayer games (e-sports) which are designed for a child’s level of...
startupvic 28 Sep '20

The gathering storm of insolvencies

Insolvency firms were expected to have a stellar year. However, the Federal temporary debt and rent relief programs have put the kibosh on anticipated business failures. Ironically, the majority of insolvency firms are struggling to survive. Whilst grim satisfaction may be an initial reaction, such relief programs may actually worsen the health...
CornellTsiang 16 Sep '20