This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

Websites for investing in Aussie startups/small business ideas?

Jump to new
O

ozi stocker

Joined
5 May 2013
Posts
37
Reactions
0
Are there any aussie or global websites for investing in Australian start up / small business ideas / inventions ?
 
I haven't invested in any of the companies listed on ASSOB yet but it's a source I usually keep my eye on for identifying good businesses, and performing "scuttlebutt" approach to investing.

Business with unrealistic revenue projections, or short-term thinking (i.e. with 2-3 yrs Exit Strategy, or IPO flipping) are easy for me to ignore.

Valuation can be tricky (especially for unproven but promising businesses).
 
Aussie startups and small business on the internet worth looking at for investment.

Chumba Casino (Virtual Gaming Worlds) or Safe Worlds TV
 
I've just finished going through the 100 or so companies from the yearbook of NSX.

Few observations:
  • About 50% (or more) of the companies listed here are subsidiaries (community banks) of Adelaide and Bendigo bank (ASX:BEN)
  • Ill-liquid market (though that is not necessarily a bad thing for a long-term investor)
  • Financial Statements of these companies is not available. It's hard (but not impossible) to value a business without glancing at it's financial statements.
 
You must log in or register to reply here.

Similar threads

Enshittification: When good business turns to merde
2
Replies
26
Views
856
divs4ever
Countrylad searching for Alpha in the ASX Casino of small caps
2 3
Replies
55
Views
6K
Sean K
R
Wider Data On Industry
Replies
0
Views
870
robertbanking
R
Electricity investments
Replies
8
Views
2K
Smurf1976
B
Switching options in super
Replies
6
Views
2K
qldfrog
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...