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BlueChilli
Today I’m really excited to be able to announce a $5m investment in to BlueChilli from key investors, Myer Family Investments and Internode founder, Simon Hackett.  Simon Hackett is a great friend to BlueChilli and sits on our Investment Committee for our Venture Capital fund.  And being aligned with one of Australia’s largest and most respected...
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Chris Ball presenting at HubSea in Seattle
There’s alway plenty of action at BlueChilli and this month was a cracker! It kicked off with one of BlueChilli’s startups, Moneysoft, announcing it had raised a total of $1.5M for its expansion and growth in the financial management sector. It was covered by a host of media, including BRW.   During the month we also hosted a...
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Building a tech business is a multidisciplinary problem and requires people with very different skill sets.  You don’t just employ a plumber to build you a home, you need an electrician, a carpenter, a tiler and a whole range of trades and software is no different.  To get your tech business off the ground, BlueChilli...
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Following from my recent post on what we look for in a founder, here’s a quick insight in to what we look for in a business model. We look for business models that can make money the day they’re launched, as sales performance is the ultimate test of a successful startup. We shy away from...
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Evaluating a successful founder is hard work. We adapted research done by Gordon Bell et. al. (with his permission) on successful Silicon Valley founders at later stages and adjusted his model to work on early stage companies.  This work was titled the Bell-Mason diagnostic (ppt). BlueChilli looks at nine characteristics of a founder and asks objective questions...
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Having an online tech company is a kick arse way to achieve massive scale, but only if you know how to work hard at driving the right people to your site.  Yes you can spend a bucket-load on Google Adwords and build traffic to your site, but unless you have a strong content strategy, the only successful...
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