Three Companies and Entrepreneurs The Wealthy Are Investing In

By We Photo Booth You

Investments and IPOs are soaring. Mining may be in a slump, but business in Australia is not. And the wealthy are expanding their investments by becoming involved with up and coming startups and entrepreneurs. It even seems as though high-net-worth individuals are committing a greater percentage of their wealth to these investment opportunities that are largely speculative in the early days.

"It's just a new way of doing things, a new way of going to market," Markus Kahlbetzer, a member of one of Australia’s wealthiest families, said.

Although this new period of investment has been compared to the dot-com push in the 1990s, Adrian Clerici, an advisor to many wealthy Melbourne families, believes there is one fundamental difference: education.

"Successful families and private groups will only invest in things they understand, and where they consider they can add strategic value, they consider themselves smart money," he said.

Tank Stream Ventures

A fund for early-stage, tech-focused startups caught the eye of one Markus Kahlbetzer, who has invest a whopping $6 million in the company. The Sydney company’s focus on mobile, ecommerce and software startups gives it a wide field to pick from and a guaranteed long future.

Amaysim

Kahlbetzer also invested in this mobile virtual network operator, but through a different venue. His investment company BridgeLane is the primary investor in Amaysim, which is preparing for a $400 million sharemarket listing in the near future.

BlueChilli

This startup, now established company, is itself startup builder. Its main goal is to “build, grow and invest” new tech startup businesses. The digital agency/ incubator/ accelerator/ venture capital company has Julio De Laffitte as an investor, with $300,000 currently poured into the company.

Information sourced from Sunday Morning Herald.

Share

Featured Articles

Exec interview: Brook Sims, COO, MAC Diversity Recruiters

Passionate about helping others find their voice, diversity leader and COO Brook Sims talks powerful leadership, diverse teams and being a change agent

Best new books that will make you a better leader

From inspiring CEO memoirs to strategic guides, these new books dish up plenty of principles, strategies, and anecdotes to help you become a better boss

5 Mins With: Jeff Li, founder and CEO of Shoplazza

Named in Fortune China’s 40 under 40 for 2022, former Baidu head Jeff Li is the entrepreneurial founder and CEO of ecommerce platform Shoplazza

Workplace special – the changing nature of the office

Leadership & Strategy

Meet Shanique Bonelli-Moore, DEI leader at Clorox

Sustainability

Forterro CEO Dean Forbes – inspirational leadership

Leadership & Strategy