Wikipedia and Fandom founder Jimmy Wales has distilled decades of building into seven rules. But the most important lesson came from getting it wrong. Before Wikipedia became a global phenomenon, there was Nupedia – an attempt to build a rigorously vetted online encyclopedia that, in a seven-step scrutiny process, required contributors to fax in their […]
Forbes Australia picks out three Australian entrepreneurs who are making waves in the startup space right now. This story features in Issue 21 of Forbes Australia. Tap here to secure your copy. Mustard Made Living on opposite sides of the world never stopped sisters Becca and Jess Stern from planning a future where they would build a business together. Visiting […]
His daughter probably won’t vote for him. He won’t be premier, but if Jim Penman – the man behind Jim’s Mowing – can make his $10 million home worth less, he’ll be happy. Millionaire lawnmower Jim Penman says his house is worth too much and he wants to see the price come down. The Jim’s […]
What began as a tool to troubleshoot power grids has pushed Neara into unicorn territory, as booming data centre demand reshapes how electricity networks are planned and supplied. Key Takeaways Big number 945 terawatt hours. That’s how much energy the world’s data centres are forecast to be chewing up by 2030, compared to about 415 […]
Following an unpolished, swearing predecessor, the team behind Sovereign Australia AI is securing investment to deploy Australis – a platform built to insulate domestic information from foreign jurisdiction. The first proof of concept at building an Australian large language model came out sounding more like an argument in a North Queensland pub than a trusted […]
Paul Wiltshire swapped songwriting for software – and built the world’s biggest B2B music licensing platform. This story appears in Issue 20 of Forbes Australia – Out now. Paul Wiltshire wonders about the two competing sides of his brain, the creative one that wrote and produced songs for chart-topping performers, and the commercial half that […]
While gyms are closing across Australia, Joy In Movement is booming. Its low-cost infrared studios and automated classes have created a boutique fitness blueprint. The lights are red and dim. The room is hot. Five of us are panting away on mats, skin glistening like a 3am dancefloor. But it’s 8am in what is […]
Less than a decade after launching AirTrunk, Robin Khuda is building data centres on a scale once unimaginable — and says the next decade’s AI infrastructure build-out will be “the biggest gold rush in human history”. AirTrunk founder and CEO Robin Khuda is set to announce a one-gigawatt data centre in the Asia Pacific in […]
What began as two mates drinking at the Opera Bar wondering how to afford their watch habits turned into Panzera – a Sydney-based brand making Swiss and Australian timepieces selling around the world. By his own admission, Andrew Herman had no business starting a watch company. He wasn’t a watchmaker, he wasn’t Swiss, and he […]
Sydney-based Hullbot, maker of autonomous underwater robots that scrub ship hulls, has raised $16 million in a Series A round led by climate-focused funds. Key Takeaways Key Background Hullbot CEO Tom Loefler founded the company based on recognising that biofouling was a persistent, costly problem in global shipping. Traditionally, vessels are cleaned infrequently in dry […]