Deputy raises $37m and becomes a Unicorn!

After nearly going bust during Covid, Deputy has joined Canva, Go1, Pet Circle , Linktree and SafetyCulture - achieving   unicorn with an investment  of $37m at a $1.1b valuation from Express Employment Professionals, a global staffing and labour hire company who was a customer of Deputy.

This has made founder Ashik Ahmed a happy man together with investors Square Peg, EVP, and US investors IVP and OpenView.

In 2018, Deputy raised  $111 million led by US investor IVP, which valued the company at $423 million. 

What Deputy does 

Deputy have  built a truly extraordinary platform that automates a broken and manual workflow for more than millions workers in over 100 countries helping them communicate, engage , onboard and organise their rosters.

Businesses onboard hourly workers via a mobile app and conduct employee engagement surveys after their shift ends. 

The company also created a communication tool, similar to Slack, that allows shift workers and managers to share information easily.

Ashik was first exposed to the need for better organisation of shift workers as a 16-year-old immigrant from Bangladesh, when he was flipping burgers at Hungry Jack’s.

He founded Deputy in 2008, alongside entrepreneur Steve Shelley. Ashik stepped aside as CEO a year ago to bring in San Francisco-based Silvija Martincevic and Joins Steve Shelley on the board.

Silvia told the AFR that Deputy are focused on the impact that they can achieve in the shiftwork community, which remains an underserved community despite being the most substantial. 

She said that there’s no better validation of a company’s mission and what we’re doing than having a customer who decides to invest in you. 

So who is Express Employment Professionals?

EEP have more than 860 franchised locations across Australia, America, South Africa and New Zealand, and will add more than 500,000 new users to Deputy - a 36 per cent increase to  its current 1.4 million global user base.

Deputy investors love them!

Paul Bassat of Square Peg told AFR that this investment would provide Deputy with the firepower to continue to invest in the growth of the business.

Howard Leibman of EVO says “I've had the privilege of working with Deputy since we were a team of 20, and of serving on the Deputy Board since 2016. Whilst it’s taken some time to exceed the $1 billion valuation, the fact that Deputy would one day be a unicorn was for me never in doubt. 

The business serves one of the world's largest markets - the many hundreds of millions of hourly paid workers - who have long been under-served by software and for whom technologies such as Deputy have life-changing impact. 

Through the Express Pros partnership alone, a further 500,000 hourly workers will have access to Deputy over time. Express Pro's material investment into the business speaks to Deputy's extraordinary long term prospects as we take on the US market. 

A huge congrats to Silvija Martincevic and the entire Deputy team on this milestone achievement. But in so many respects we're only just getting started!!”

Who to look out for!!!

Watch Anwar Kahlil and Martian Logic !!

https://www.startupdaily.net/topic/sydney-staff-management-deputy-boston-openview/

https://anthillonline.com/deputy-raises-us25-million-series-openview-redefine-workforce-management/

https://medium.com/authority-magazine/silvija-martincevic-of-deputy-five-things-i-wish-someone-told-me-before-i-became-a-ceo-a4022059e6f2

https://www.afr.com/technology/australia-has-its-first-tech-unicorn-in-two-years-20240314-p5fcbg

https://www.linkedin.com/posts/howardleibman_australia-has-its-first-tech-unicorn-in-activity-7175640006055616512-4rlb?utm_source=share&utm_medium=member_ios

Biocatch founders have pay day at unicorn valuation

Founders of Israeli cybersecurity business, BioCatch, Avi Turgeman and the late Benny Rosenbaum get paid out as Macquarie buys $32 million, Sapphire Ventures $70m and Permira Growth Opportunities $40 million at a valuation of slightly more than $1 billion.

What biocatch does 

BioCatch founded in 2011, specializes in software development for identifying and preventing bank fraud and money laundering.

BioCatch  numbers 

BioCatch is currently led by CEO Gadi Mazor, employs 280 people, half of whom are based in Israel. 

The recent surge in the company's value follows accelerated growth, propelling it to a yearly revenue pace of $100 million, leading to a positive cash flow. 

BioCatch clients

This growth is fueled by a 51% revenue increase from its 152 clients, consisting of banks and financial institutions. 

Notably, 28 of the world's top 100 banks are on BioCatch's client list. 

The early investors 

The primary shareholder in BioCatch , Bain Capital, led the last $145 million fundraising round in 2020 with the major global banks such as HSBC, Citi, Barclays, and the investment arm of American Express. 

To date, BioCatch has raised $253 million, with the proceeds from the last three rounds benefiting early investors seeking an exit.

Related articles:

https://www.linkedin.com/posts/cwsisrael_australian-investment-giant-macquarie-acquires-activity-7163085854314336256-96E5?utm_source=share&utm_medium=member_ios

• BioCatch enters unicorn club as valuation crosses $1 billion in latest secondary deal
• Permira Growth Opportunities acquires $40 million stake in BioCatch
• “With fintech, you get about three times more fraud than what you now get on traditional banking”

Oneventures closes first fund with 4X investment

Australian venture capital firm OneVentures has hit a landmark moment, with the official closure of its first fund, providing strong returns to its backers, including the federal government, which provided half the money for the fund back in 2010.

This is a significant moment for the local technology industry as it marks the first major fund of the post dotcom era to officially wrap up and return good money to investors. 

The return currently stands at four times the money invested, and could rise higher!!

Source AFR https://www.afr.com/technology/this-vc-firm-has-hit-a-landmark-and-it-s-payout-time-20240211-p5f427

BuPa raises a $20m VC find for Healthtech Companies

Adelle Moynihan’s  work over the last five months at Bupa, building Bupa Ventures, has come to life through launch in the The Australian Financial Review 😊 

 

Yes, it takes a minute to build a corporate venture fund, and I have learnt that's for good reason. Behind the scenes, the Ventures team has been aligning Bupa's robust capabilities to be able to deliver value beyond capital to the health techs we fund. 

 

In the words of CEO Nick Stone 

 

"That's the hardest thing for any start-up, getting a customer base. We can offer a readymade one as well as a very well capitalised business to support their growth".

 

Here's a fund overview for you

- $20m to deploy with an allocation for follow-on

- Seed - Series A stage

- Backing APAC companies

- Strategic fund with a focus on predictive and preventative healthcare, genomics and personalised medicine, and in-home and remote monitoring solutions. 

- Value beyond capital with a partner that is one of the worlds few, truly global, healthcare provisioners

Health techs, start applying! 

How to assess a persons character

 

1. 
   
   

   If you want ot know a persons character, beliefs and values - watch there words and actions when they are pushed to the edge....

or

take them for a game of golf

The Small Business Export Loan - Government Backed Unsecured Finance available for Exporters

 

What is the Small Business Export Loan?

The Export Finance Australia’s Small Business Export Loan  provides small to medium export businesses with loans ranging from between $20,000 - $350,000 

• to cover up to 80% of the costs to secure an export contract or purchase order with an overseas buyer,
•  funding for export market development, 
• equipment finance and 
• general working capital

The loan is an unsecured, government-backed loan solution with an easy online application and fast approvals for businesses with a turnover of more than $250K.

The loans are designed to meet the specific needs of small and medium sized enterprises (SMEs), to help them take advantage of export opportunities when financial institutions can’t help.

Are you eligible? 

To be eligible for a loan, your business must have:

• an Australian Company Number (ACN)
• an annual revenue of $250,000 – $10 million per year
• been established for at least two years.
•  struggling to get a loan for your business, and do not want to put your house on the line... this is an option to consider!! 

Objective

Export Finance Australia financially supports Australian exports of goods and services that provide a benefit to Australia  -  benefits can include (but are not limited to):

• greater Australian participation in international supply chains
• access to new markets or export opportunities for Australian businesses
• more Australian jobs
• payment of dividends or other financial proceeds from overseas to Australia
• new research and development expenditure in Australia
• Australian access to new products, intellectual property or technology

Timing

Applications open on an ongoing basis.

More Information 

contact Ivan Kaye at www.bsifinance.com.au or https://bsiinnovation.com.au/ 

Source for more information 

https://www.exportfinance.gov.au/how-we-can-help/our-solutions/small-business-export-loan/ 

Songtradr poised to be a unicorn in 2024

2023 was a big year for SONGTRADR the music licensing platform founded by the musical genius   PAUL WILTSHIRE (in Picture )

Songtradr raised $109 million in 2023  at a valuation of $879 million.

Investors included  

• Epic Games — the same company that sold the D2C music sales platform Bandcamp to Songtradr last month 
• WiseTech’s Richard White
• Perennial and 
• Argo.

Investors in Songtradr include the 

• St Baker family office, 
• Regal Funds Management, and 
• Aware Super.

What Songtradr does 

Songtradr is like a B2B version of Spotify, says Paul - with songwriters and producers earning fees whenever a Songtradr client licenses their music. 

Songtradr aims to be an all-in-one music licensing platform for corporates, small businesses, and content creators. Its subscribers can select songs from the Songtradr marketplace or browse from playlists, including ones inspired by popular films and TV shows.

Wiltshire has previously described the platform as a B2B version of Spotify

Morse micro - kicking serious goals

After 7 years of R&D, VentureCrowd portfolio company Morse Micro is on track to produce “hundreds of millions of semiconductor chips” in the next few years, chips that have 10 times the range of conventional Wi-Fi technology and last many years on a single battery! 🤩 

VentureCrowd investors sit alongside high profile venture capital investors including Malcolm Turnbull, Lucy Turnbull AO, Blackbird, The CSIRO's Main Sequence, and superannuation funds HESTA, Hostplus & UniSuper demonstrating once again that crowdfunding is growing up. 🚀 

No longer limited to mum & dad investors investing $50 into the local brewery, crowdfunding has democratises access to some of the best venture deals in the market and has generated hundreds of millions of dollars of new capital into the venture capital sector globally with no signs of slowing down.

And my prediction is 2024 will be the biggest year yet for the fast-growing industry! 😜 

Johnny Quattro Campbell Walshe Jock Fairweather 🦄 Michael Lancaster Lee Hearsey Greig King Jason Kennewell Sherrie Robless Sean Gregory Connie Mckeage Amanda Price Darren Tasker Adrian Bunter Philip Argy Ben O'Dwyer

The New MVP Ventures Program: Round One Opens 4 December 2023

A new-look MVP Ventures Program has finally been announced — with the aim  to support innovative businesses throughout their commercialisation journey. 

The program provides funding to help startups progress from the proof of concept stage to the MVP stage of development within the product lifecycle. 

Businesses can receive up to $50,000. 

The new maximum cap of $50,000 will enable the program to assist at least sixty businesses across NSW with the commercialisation of their products and processes. 

Don't miss the first round of applications

• Applications Round 1 Opens: 4 December 2023
• Applications Round 1 Closes: 4:30pm AEST, 30 April 2024

You will need to submit  your application on time, and also make sure that your application is strong, well-written, and in line with the program's guidelines — this is where we come in.

BSI Innovation  have been doing these grants and have been working with government for the past 25 years! 

Let me know whether i can refer you to Mick Peter or Kylie!

Phantom raises $2m to reduce plastic waste - taking global climate action #gc-af

Melbourne based  Elliot Costello of Phantm has raised a seed round of $2m  to help  build a platform to help brands the world's replace fossil plastics with natural materials - and save money doing so! 

Investors include Dan Bennet’s  Salus Ventures and Matt Browne’s Blacknova, Salus Ventures and Ali Hamed’s CoVentures 

Only about 10% of the world's $930Bn plastics industry is recycled - solving this problem can help  building environmental resilience - creating a unicorn by doing good! 

They are helping the likes of Starbucks to become plastic free by  replacing their  plastics with natural materials such as seaweed, fungi, cellulose, pulp and biodegradable PHA-based materials.

They get this right - and they have a path to going global!

Phantm notes the plastic industry is currently valued at more than US$600 billion ($934 billion) with consumption expected to nearly double by 2050 at the current pace of growth. It says only 9 per cent of plastics are recycled globally, with contamination and mixed plastics often hampering recycling efforts.

#backingheroicfounders 

 

What does Melbourne based asset tracker - Airtrack and USA video messaging platform Loom have in common?

They have both been acquired by Atlassian to strengthen its Jira base! 

What does Airtrack do?

Founded by Mike Jones and Fulvio Inserra,

AirTrack Software, a cloud-based platform for monitoring databases, it gives a complete and accurate picture of a company’s  assets, services, and all critical assets within their organisations, minimising operational risks, costs and attack surfaces,” 

The AirTrack acquisition builds on Jira Service Management’s rapidly growing customer base which currently sits around 50,000 globally. It will provide them with  a fuller, more accurate picture of all critical assets, minimizing operational risks, costs, and attack surfaces

AirTrack builds on Atlassian’s previous investments in service management, including Opsgenie for alerting and on-call management, Code Barrel for automation, Mindville Insight for asset and configuration management, ThinkTilt for low-code/no-code forms, Halp for conversational ticketing, and Percept.ai for cutting-edge AI capabilities.

The Airtrack  buyout also comes on the heels of a US$975 million ($1.5 billion) deal for video messaging platform Loom- founded in 2016.

What does loom do? 

Loom is a web based to to record a user’s face and screen simultaneously, and it eventually became a popular way for geographically distributed companies to implement asynchronous video; that is, for people to send messages to their colleagues that they could reply to in their own time, as an alternative to real-time conferences.

It’s clients 

clients including Tesla, Disney, Amazon, Goldman Sachs and more. 

Mike Cannon Brooke’s enthuses -  Loom helps bridge the collaboration gaps for dispersed teams in deeply human ways - We believe that asynchronous video and AI will drive the next evolution of team collaboration. And the combined strengths of Loom and Atlassian can deliver some amazing products in these areas.”

“Loom’s vision is to empower everyone at work to communicate more effectively wherever they are, and by joining Atlassian, we can accelerate their mission to unleash the potential of every team,” said Loom co-founder Joe Thomas.

Alistair Faulkner raises US$18m for Darwinium

Founded by the cybersecurity legend Alisdair Faulkner - Fraud and Cyber Security startup - Darwinium has raised an  $18M USD Series A ($28.4M AUD)-  featured in TechCrunch (https://lnkd.in/exu3_9sU)

After a  $10M seed round with investors including Dean McEvoy ,  Naval Ravikant,  Niki Scevak from Blackbird, James Cameron from AirTree , Bardia Housman and Matt Farnell.

Alisdair Faulkner, Ben Davey, Rebekah Moody, Alex Forss, Ed Whitehead, Michael Brooks, Caleb Moore, Colin Goldie, Elias Bizannes. and Ananth Gundabattula , Ph.D

What Darwinium  does 

Darwinium serves the following vertical industries - fintech, eCommerce, financial services and gaming/gambling..

It provides continuous customer protection solutions that take security and fraud prevention to the edge, removing the operational burden of implementing and maintaining API-based solutions. 

The system provides complete visibility and control of every digital interaction – across web, apps and APIs – to separate good and bad behavior, in real time. 

Businesses can make accurate, real-time decisions, and take dynamic, tailored remediation that favors the customer and not the fraudster.

By leveraging content delivery networks (CDNs) such as Cloudflare and AWS CloudFront to integrate at the network perimeter, Darwinium provides a continuous view of user behavior with journey-time orchestration. 

The platform also has integrations with third-party services that further enrich risk decisions with additional intelligence, making it easy for customers to simplify their cyber-fraud strategy by consolidating multiple solutions.

The system uses a fully anonymized version of this data that can be processed and leveraged globally while remaining unexposed/unrecoverable to fraudsters. This streamlines compliance with regulations such as the California Consumer Privacy Act of 2018 (CCPA) and the EU General Data Protection Regulation (GDPR), while better preserving user privacy.

The solution has already been adopted worldwide by leading companies across its key verticals.

Opportunity to collaborate with BSI Learning and Diploma of Cybersecurity? Simon Dewar and Kala Philips 

https://www.linkedin.com/posts/sidewar_amazing-first-couple-of-days-at-the-india-activity-7120660567836495874-3x7R?utm_source=share&utm_medium=member_ios

Me&u and Mr Yum merge to become the worlds #1 mobile ordering platform

2 startups in the hospitality industry Mr Yum and Me&U- who both started on 2018 and negotiated Covid and investment of $165m are doing a cashless merging to become the #1 mobile order & pay platform on the planet - with Over $2bn in transactions per year in 6,000 venues, across 3 continents. 

A host of the who’s who of investors and advisors have been involved - and are looking for a unicorn type payday!

The team 

Kim Teo (Mr Yum’s co-founder & CEO) as CEO of the merged business, Steve Premutico (me&us founder ) will sit on the board as a non-executive director & me&u’s current Chair Damian Smith will assume Chair of the combined company.

The Money 

Mr Yum raised more than $100 million the last raise being  $89 million in a Series A led by US VC giant Tiger Global in November 2021. 

Investors include 

Steve Baxter’s TEN13, Airtree Ventures, Skip Capital, the family fund of Atlassian co-founder Scott Farquhar and his wife Kim Jackson, as well as Tennis Australia’s Wildcard Ventures, Broadsheet founder Nick Shelton, Australian NBA star Patty Mills, musician Rüfüs Du Sol, and Kogan founder Ruslan Kogan.

Me&u raised $30 million in December 2022  in a round led by Acorn Capital raising $66 million in total. 

Investors include chef Neil Perry, Urban Purveyor Group founder John Szangolies, and former Facebook, Uber, MYOB and Google execs William Easton, Mike Abbott, Tim Reed, and Jason Pellegrino.

It has dominated the Australian pub ordering market, thanks in no small part to investors Justin Hemmes, CEO of the Merivale, with the app rolled out across his hotels empire.

Me&u has 70% market share of the country’s top pub groups compared to 20% for Mr Yum and 10% for others.

The merged business will supply 6,000 venues collectively, generating around $39 million annually in revenue from processing more than A$2 billion in orders in Australia, New Zealand, UK and USA. 

It’s on track to reach profitability in 2024 with significant cash reserves. 

What their customers say 

What the key clients have said about the companies at www.drinkdigest.com

Justin Hemme’s of Merivale - arguably the king of the Pub market in Sydney - said that Me&u has been a game changer for his business - and that Iit’s exciting to see two Aussie-born start-ups join forces to unlock the future of hospitality on a global scale. 

“Together they are revolutionising service, operations and experience in the hospitality industry – I look forward to seeing what lies ahead.”

Australian Venue Co CEO Paul Waterson said: “I vividly remember the day in 2019 when we implemented Mr Yum in our venue Hopscotch for the first time. Not having to leave your seat to get a beer still feels as magical to me today as it did that day. Now seeing the two global leaders in the space come together to further develop the mobile ordering space is exciting for the Australian hospitality sector and our customers.”

Stevan Premutico said it was “a rare opportunity to see two strong Australian companies coming together to take on the world”.

Australia has the highest penetration of QR code table ordering globally - its time to go global!!

AJE another Aussie fashion Success story

Edwina Forest and Adrian Norris, the co-founders of AJE have  developed one of Australia’s fastest-growing fashion brands - 15 years in the making of an overnight success - A brand that is often compared to Zimmermann, 

AjE (an acronym for “Adrian joins Edwina”, ) is for women in touch with their inner girl and  now employs about 500 people and turnover  over $100m with healthy margins  (By comparison, Cue has 1200 employees, Zimmermann has 900.) 

Beth Glancey is the new chief executive of AjE. (Whose sister is chief of staff at Atlassian), 

Forest and Norris have assembled an amazing board , which includes former Bank of Queensland CEO Stuart Grimshaw and they have a small group of committed Investors ,  Shareholders and advisers

 Investors 

• Norris and Forest retain the majority share 
• Norris’ father 
• James Roche (an executive director at Roche Holdings, a mining group) and 
• Thomas Mort, whose family owns the Bodalla dairy business (Mort also runs TSM Investments)

The journey 

Adrian Norris and Edwina Forest met while 

Edwina had  a fashion shop in Noosa called Strada - stocking brands such as Kit Willow, Josh Goot and Sass and Bide while  Adrian was a fashion editor. 

They decided to take the plunge and together developed the aje brand . Adrian moved to Bali in 2007 where he set up production .

Their business model was a mix of wholesaling and direct-to-consumer, opening their first store under Hugo’s in Sydney’s Potts Point.

 Their physical stores were pumping while  their wholesale business was chewing cash !!

“We were working our arses off and had nothing to show for it,” says Norris “Retail was the way to make money,” 

“People would pay us straight away, instead of this big long production cycle where you might never see the money, or you might see $1000 nine months later instead of the $30,000 the customers  owed you.”

Between 2011 and 2015, AJE  closed its wholesale business  and opened  two new stores in Chapel Street, Melbourne, and James Street, Brisbane. 

With the money that began flowing in, they hired their first staff members and the flywheel was created !!!

Ending AJE’s wholesale business was a game changer and the retail business became a cash cow .

AJE dipped its toes back into wholesale in 2015 with larger accounts - and can be found in David Jones, Nordstrom and Saks Fifth Avenue in the US, La Samaritaine in France, Selfridge’s in the UK and Etoile in the Middle East, as well as online at Net-a-Porter and Matches Fashion. 

 They launched AJE Athletica in 2021 –  as the athleisure wear became popular - and there are now 15 standalone Athletica stores and in August, the brand hosted its first-ever runway show.

A Secret Sauce of Success 

Glancey describes Adrian Norris  as a “force of nature with a financial nous. 

- Having coaches and mentors have been a game changer - says Adrian . he employs three different personal trainers, a mental health coach, a life coach and an energy healer named Tiki. 

- Remaining humble 

Despite the company’s success, edwina says she still feels humble -“I look back and think, ‘how did we survive?’” 

The people who love the Brand 

Tanya (my daughter) wearing AJE for her wedding :) 

Where to from here 

This year, AJE showed at Australian Fashion Week for the ninth time 

Next year it plans to open in New York. 

With  25pc of sales being  overseas, Norris wants NYC to be the first of many international stores and a stepping stone to ultimately showing at New York Fashion Week. 

In 2022, retail sales grew by 279 per cent and revenue was up 217 per cent, and there is a rumour  that Country Road Group wants to buy the Brand!

Norris is looking at AJE being a unicorn in the not too distant future !

I for one think that he will achieve his goal sooner than later!

Inspired by The Fashion issue of AFR Magazine is out on Friday,  August 25 inside The Australian Financial Review.

Life as an entrepreneur

Who can relate ?

Being an entrepreneur you go through more emotions than the weather during a day in Melbourne! 

• I’m excited
• Ugh this is hard - I shouldn’t have 
• It’s working
• Shit - I messed up
• This is awesome 
• I think I’m going bankrupt - how to pay the wages
• I’m good - why do I doubt myself
• I shouldn’t have - I sick 
• I’m an overnight success - life is great! 

Help us keep Australia Awesome

Australia is leading the way with a global collaboration between  institutional investors and the Australian governments on global climate change 

 25 organisations with approximately US$8 trillion (AU$12.2 trillion) in assets under management are identifying ways on how we can create a net zero global economy .

So who are some of the Investors ? 

 Aviva Investors, BNP Paribas Asset Management, Brandywine Global, HESTA, Nordea, Robeco and Schroders are facilitating the collaboration - supported by 

Achmea, Ardea Investment Management, Brown Advisory, Candriam, Colchester Global Investors, Fidelity International, First Sentier Investors, IFM Investors, Insight Investment, Jupiter Asset Management, LGPS Central, Morgan Stanley Investment Management, Munich Re, Neuberger Berman, Pendal Group, QIC, Rest and Sumitomo Mitsui Trust Asset Management.

Some of the goals include 

• Closing the gap between current action and a Paris-aligned emissions reduction trajectory;
• Establishing  detailed, credible, and economy-wide net zero transition plans with supporting policy mechanisms, budget expenditure and investment structures;
• Building greater climate adaptation and resilience across the economy and community to avoid worsening disruption and damage from physical risks;
• Improving disclosure of sovereign exposure to climate risks and opportunities consistent with international standards.

PRI Chief Executive Officer, David Atkin, said institutional investors understand that sovereign responses to climate change will be critical drivers of global action and capital allocators could be strong allies in helping accelerate the necessary economic transition.

“Collaboration  between sovereigns and investors can help make this happen says David Atkin - head of pRI https://www.unpri.org/climate-change

Robeco’s chief engagement officer, said he was heartened by the level of engagement to date 

Duncan Smith 

Head of APAC Communications, PRI  
duncan.smith@unpri.org 

https://www.csiro.au/en/research/environmental-impacts/climate-change/climate-change-information

https://www.climatechange.environment.nsw.gov.au/australian-climate-change-observations#:~:text=Australia's%20climate%20has%20warmed%20since,night%2Dtime%20temperatures%20have%20increased.

Key points

• Australia is experiencing the effects of global climate change.
• Our average land and sea temperatures have increased.
• Despite large natural variation we are also seeing changes to rainfall patterns, increased fire danger, and rising sea levels. 
• Most of the changes observed over recent decades will continue and worsen in the future. 

Current outlook for Australia

Most of the changes observed over recent decades will continue into the future. Projections suggestthat for Australia:

• hot days will become hotter and more frequent 
• the time in drought will increase across southern Australia
• snow depths will decline 
• extreme rainfall events will become more intense 
• sea levels will rise 
• oceans will become more acidic.

The NSW and Australian Regional Climate Modelling (NARCliM) project.

A startup Investment of Note!

Apple’s first investor mike markkula - who invested $250k for  1/3 of Apple - the investment would Morle be worth $930billion 

He invested in Steve Jobs - he believed in Steve and invested in him and his idea…. had trust courage and faith that Steve would succeed and boy - did he ever!! 

Do you have someone that you believe in - and have invested in?