Partner, Benjamin Chong, recently spoke to Yolanda Redrup at the Australian Financial Review about the drop in Aussie tech deals in Q2 2018, citing the latest Internet Dealbook Report figures. Benjamin tips this trend to continue going into the latter half of 2018, outlining the strength of top-end valuations – where companies who raised money 18-24 months ago – have completed decent-sized rounds, and are doing well. Conversely, the valuation of earlier-stage companies have steadied or softened, a contrast to what it was like a few years ago.
Read the full story: Aussie tech deals drop as sector cools from peak hype – Australian Financial Review
Related content:
- Read about why we think 2018 will be watershed year for the Australian early-stage tech scene
- In a recent trip to Adelaide, Partner, Benjamin Chong outlined the key steps local start-ups should consider to secure financing
- Why invest in technology in the first place? Read about why technology has been a key driver to our evolving VC sector
