Endnotes REFERENCES 1. Meeker, M, 2014. Internet Trends 2014 - Code Conference. KPCB (www.kpcb.com/internet-trends), Menlo Park. 2. eMarketer, 2014. Smartphone Users Worldwide Will Total 1.75 Billion in 2014. eMarketer (www.emarketer.com/Article/ Smartphone-Users-Worldwide-Will-Total-175-Billion-2014/1010536#sthash.8v2V3zzE.dpf), 3. Ibid. 4. www.sciencemag.org/content/332/6025/60 5. The Internet of Things: How the Next Evolution of the Internet Is Changing Everything, April 2011, CISCO authored by Dave Evans. 6. Global Top 100 Companies by Market Capitalisation, 31 March 2014, PWC. 7. www.federalreserve.gov/boarddocs/speeches/2000/20000407.htm 8. A Snapshot of Australia’s Digital Future to 2050, IBIS World & IBM, Phil Ruthven, 9. Disruptive Technologies: Advances That Will Transform Life, Business, And The Global Economy, May 2013, McKinsey Institute 10. Building the Lucky Country: Business imperatives for a prosperous Australia - Digital disruption Short fuse, big bang? September 2012, Deloitte Australia. For additional information on the impact of digital technology on the Australian economy see: Mobile Nation: The Economic and Social Impacts of Mobile Technology, 2013, Deloitte. 11. Enrico Moretti, 2012, The New Geography of Jobs 12. State of Queensland (Department of Science, Information Technology, Innovation and the Arts), Queensland Startup Summit Report, May 2014 13. PWC, 2013, The Startup Economy: How to Support Tech Startups and Accelerate Australian Innovation. PWC Sydney. 14. Based upon the authors calculations using data from: Konczal, J, 2013. The Most Entrepreneurial Metropolitan Area? Kauffman Foundation. (http:// www.kauffman.org/~/media/kauffman_org/research%20<strong>report</strong>s%20and%20covers/2013/11/the%20most%20entrepreneurial%20metropolitan%20 area.pdf) Hathaway, I, 2013. Tech Starts: High-Technology Business Formation and Job Creation in the United States. Kauffman Foundation. (http://www.kauffman.org/~/media/kauffman_org/research%20<strong>report</strong>s%20and%20covers/2013/08/bdstechstarts<strong>report</strong>.pdf) 15. Kinner, C, 2014, Crossroads: an action plan to develop a vibrant tech <strong>startup</strong> <strong>ecosystem</strong> in Australia. StartupAus, Sydney. 16. Bravo-Biosca, A and Westlake, S, 2009. The vital 6 per cent: How high-growth innovative businesses generate prosperity and jobs. NESTA, London. 17. Future Fifty. www.futurefifty.com, accessed 10 June 2014. 18. The Whitehouse. Startup America Commitments. The Whitehouse, (www.whitehouse.gov/economy/business/<strong>startup</strong>-america/commitments), accessed 2nd June 2014. 19. Florida, R, 2012. The Rise of the Creative Class: Revisited. Basic Books. 20. CB Insights, 2013. It Takes $78 Million in Prior Funding for a Tech Company to IPO, and It’s Getting Bigger Every Year. Capital Efficiency? CBInsights. 21. Tunguz, T, 2014, The Financing Trends Of Billion Dollar SaaS Companies. (www.tomtunguz.com/fundraising-history-saas-publics) 22. Tunguz, T, 2014, How Much Cash Does Your Startup Need To Go Public? (http://tomtunguz.com/burn-rates-before-ipos/) 23. This <strong>report</strong>’s estimates of funding distribution by company stage is based on aggregated data from the National Venture Capital Association’s “2014 Yearbook” (www.nvca.org/index.php?option=com_content&view=article&id=257&Itemid=103), the Centre for Venture Research’s <strong>report</strong> “The Angel Investor Market in 2013: A Return to Seed Investing” (https://paulcollege.unh.edu/sites/paulcollege.unh.edu/files/2013%20Analysis%20Report%20FINAL.pdf), and EY’s 2013 <strong>report</strong> “Global Venture Capital Insights and Trends 2014” (http://www.ey.com/Publication/vwLUAssets/Global_venture_capital_insights_and_trends_2014/$FILE/ EY_Global_VC_insights_and_trends_<strong>report</strong>_2014.pdf#page=15), Right Side Capital’s “Historical Size of the US Angel Market” (http://www.rightsidecapital. com/assets/documents/HistoricalAngelSize.pdf), and NESTA’s “Siding with the Angels” (http://www.nesta.org.uk/sites/default/files/siding_with_the_angels. pdf). Both the NVCA and EY do not include angel funding within their breakdown of funding by company stage. To establish an estimate the <strong>report</strong> uses NVCA’s breakdown of software investment in 2013 in the USA ($20b across Seed Stage - 3%, Early Stage - 34%, Expansion Stage - 33%, and Later Stage - 30%), and incorporated CVR’s data on US software sector angel investment in 2013 ($5.7b), to get a breakdown across stages in 2013 of: Seed Stage - 21%, Early Stage - 29%, Expansion Stage - 27%, and Later Stage - 24%. The writers of this <strong>report</strong> note that measuring seed stage funding is particularly difficult and that numbers for dollar share of technology company funding range between
People ECOSYSTEM Paul Jansz Darren Herft Claes Loberg Elaine Stead Steve Dalton Gabriel Buckley Aaron Birkby Martin Mankowski Bernie Woodcroft Matthew Ford Richard Moore Steven Baxter Paul Jones Greg Searle Mark Paddenburg Danny Maher Paul Niederer John Passfield Colin Kinner Damien Waller Sam Friend Wayne Gerard Sean Bunton 41
Change language