Startup50K

In 5 years, Adam Schwab has created a $250 million company and one of Australia's most successful eCommerce businesses: Aussie Commerce through organic growth of his own company and via mergers and acquisitions of competitors. I really enjoyed listening to Adam's story and there's some key learnings in there for entrepreneurs and particularly those looking to create a tech company. www.startup50k.com

Investorist is a Melbourne-based, off-the-plan property marketplace that raised $1.7 in their first round, followed by a $2.5 million second round to value the company at $20 million. Investorist has grown to operate in Australia, Asia, the UK and is looking to launch in the United States. In this episode of Startup50K, Jon Ellis, the founder of Investorist is presenting on how he founded Investorist and some of the business challenges he faced building a product and managing cashflow while investing in an application. www.startup50k.com

Vinomofo, a rapidly growing, Melbourne based, online wine deals website, grew from a garage startup to $40 million in sales in 4 years. Andre Eikmeier and Justin Dry co-founders of Vinomofo struggled for years finding a business model that worked before finally building the wine group buying platform that sent the company into a period of rapid, record company growth. www.startup50k.com

In this episode of Startup50K I interviewed Jake Williams and Lewis Romano, the co-founders of Australia’s third largest jobs board: SpotJobs. Lewis and Jake raised $2.5 million and (as of the recording time) and three years later have created a $9 million company. Within that time, they have grown their user-base by 850,000 users in 3 years. Jake is now 25 and Lewis 27, for young Australian entrepreneurs, that’s a great effort. www.startup50k.com