Startup 360

Startup Daily

Every Friday, Startup 360 hosts Simon Thomsen and Majella Campbell, dissect the news of the week in ANZ startups, before they’re joined by a guest to explore what makes them tick. Think of it as your startup guide to staying human. It’s all about lifting the bonnet on people to understand how they see the world and what inspires and drives them, and what they’ve learnt from both success and failure.

  1. 6d ago

    Cicada’s Liza Noonan on R&D’s new valley of death & the ‘missing middle’ for deep tech

    R&D investment and commercialisation can't be treated as separate issues, says Liza Noonan, CEO of Sydney deep-tech hub Cicada Innovations, on episode 61 of Startup 360. Liza unpacks deep tech — think quantum computing, medical devices and advanced manufacturing — and the unique challenges the sector faces with Simon and Majella on this week's show. Unlike software startups, where founders identify a customer problem and build a solution, deep-tech startups often begin with a breakthrough invention and then work to find its commercial application.  The result is longer development cycles, greater capital requirements, and a need for different founder skills, investors and support structures. It's not the Silicon Valley SaaS playbook. Australia's research engine is stronger than many people realise, but there remains a bottleneck in turning ideas from the lab into large, globally competitive companies. Government procurement, infrastructure and scale-up support can matter just as much as venture capital. Simon describes the Budget's proposed changes to the R&D Tax Incentive as creating a new "valley of death" for deep-tech startups. Liza argues the challenge isn't simply funding research. It's helping companies move from "0 to 1" (proving the technology), then from "1 to 10" and "10 to 100" (building a business around it) so the productivity gains, jobs and economic returns are realised in Australia rather than ending up offshore. Liza also shares the experience of losing her father while raising three children, as Startup 360 once again explores the human side of tech. Simon also discusses his submission to the Senate Economics Committee examining the Federal Budget's proposed capital gains tax changes and their potential impact on startups, founders, investors and employees receiving equity. Startup 360 is a SmartCompany production, produced and edited by Matt Jackson with Ciarán Harte, and supported by Deel. Hire, manage and pay anyone, anywhere. Subscribe on Apple, Spotify and YouTube, and read StartupDaily.net for the latest ANZ tech news.

    59 min
  2. Jun 4

    Australia’s lagging innovation metrics; a new owner for Fishburners

    Fishburners has a new owner. And episode 60’s guest is Carolyn Breeze, CEO of the buyer, ASX-listed Scalare Partners. Scalare bought Fishburners from the voluntary administrators this week and the startup community and its members will leave the Tech Central Innovation Hub to become part of Tank Stream Labs. The move also brings change for cohost Majella Campbell, who’ll wrap up as Fishburners CEO and take a break after 15 torrid months working to right the ship. Carolyn takes us through her plans for Fishies - pitch nights and a new investment fund to back those startups are afoot, and explains her vision for Scalare, which owns Tank Stream, the Australian Technology Comp, Tech Ready Women and several other brands. She's also recently taken a deep dive into how Australia’s startup ecosystem performs globally in key metrics such as investment, liquidity, experience and first customers and shares some sobering stats. Only 34% of startup investment is domestic, she explained, compared to 60-70%. Overseas investors love Aussie startups, but as Carolyn points out, especially in the context of the government's capital gains tax changes, when there’s a liquidity moment, “the international money, and then the operators and the IP are staying over there”.  That hurts Australian startups. “Our tech workforce is contracting. In every other market it's expanding,” she said. The Scalare CEO also has some thoughts on the short-term thinking of politicians and the uncertainty created by constantly changing government priorities. Startup 360 is a SmartCo. Media production, produced and edited by Matt Jackson, with Ciarán Harte, and supported by Deel. Hire, manage and pay – anyone, anywhere. Subscribe on Apple, Spotify, and YouTube, and read StartupDaily.net for all the ANZ tech news for free!

    1h 6m
  3. May 29

    The budget: The facts on capital gains tax, family trusts, shares and the impact on startups

    After 3 non-event federal budgets for the startup sector, all hell broke loose on May 12 when treasurer Jim Chalmers announced capital gain tax changes that will reduce the size of the cheque startup shareholders receive in a liquidity event. The backlash has been enormous and the sector is hoping Treasury will hear their pleas and create carveouts for startups and their investors, as well as small business. But amid the sound, fury and 47% equity social media memes, what does it all mean? That’s what Jack Qi, partner from startup advisory and accountancy firm William Buck explains on episode 59 of Startup 360.Will founders go overseas? Is this the end of Australian innovation? Who are the winners and losers from the government’s changes? Qi unpacks it all in this special edition of the show that puts the sexy back in the Tax Act. And because Startup 360 is all about staying human and finding out what makes people tick, Qi reveals he really wanted to be a fighter pilot - but ended up ensuring startup founders and their employees and investors pay no more tax than they have to, instead. And loves it. f you want to know the facts amid the fury, this episode is essential listening.Startup 360 is a SmartCo. Media production, produced and edited by Matt Jackson, and supported by Deel. Hire, manage and pay – anyone, anywhere. Subscribe on Apple, Spotify, and YouTube, and read StartupDaily.net for all the ANZ tech news for free!

    1h 15m
  4. May 22

    The hidden cost of startup hustle: Burnout, breakdown and leadership

    Startup founders are told to hustle harder, push through and never let the cracks show. But what happens when the pressure becomes too much? This week on Startup 360, host Simon Thomsen sits down with workplace mental health advocate Graeme Cowan for a candid conversation about burnout, psychological safety and the hidden emotional cost of building a business. Graeme, a founding board director of R U OK? and host of the Caring CEO podcast, shares his own experience of crashing after the dotcom collapse and spending five years out of work with severe depression. From that journey came a mission to help leaders create healthier, more resilient workplaces. “The old saying, a problem shared is a problem halved,” Graeme says - a simple idea that sits at the heart of this week’s episode’s message about vulnerability, connection and asking for help before burnout takes hold. This episode dives into why startup culture’s obsession with resilience can sometimes fuel burnout instead. Graeme shares practical ways founders can check in with their teams, recognise early warning signs and build sustainable habits before things spiral. Startup 360 is all about staying human and finding out what makes people tick. This show is a SmartCo. Media production, produced and edited by Matt Jackson, and supported by Deel. Hire, manage and pay – anyone, anywhere.Subscribe on Apple, Spotify, and YouTube, and read StartupDaily.net for all the ANZ tech news for free!

    58 min
  5. May 14

    OpenAI’s Thomas Jeng on why AI won’t replace founders anytime

    OpenAI’s APAC startups lead Thomas Jeng has a warning for founders worried AI is about to replace them: calm down. The tools are getting smarter at breakneck speed, but the people building the future are still very much in the driver’s seat. Speaking with Startup 360 co-hosts Simon Thomsen and Majella Campbell, Thomas - a former founder, VC operator and now OpenAI’s first startup hire across Asia Pacific - unpacked what AI can actually do for startups right now, where the hype goes too far, and why Australia’s startup ecosystem continues to punch above its weight globally. Throughout the conversation, Thomas’ core message remained consistent: AI is an incredible accelerator, but not a substitute for human insight.“If you’re breaking new ground, there will inevitably be things the AI does not know,” he said, pointing to the irreplaceable value of customer conversations, market intuition and founder conviction. The discussion also veered into the increasingly human side of AI adoption. Thomas shared that he uses ChatGPT to help explain Singapore maths to his children, plan family holidays, analyse parenting advice and even think through relationships. But he’s also cautious about over dependence, particularly for kids. For founders overwhelmed by the pace of AI, his advice was refreshingly practical: don’t try to automate your entire business overnight.“Probably pretty much everyone can take one step forward,” he said. Whether it’s improving one workflow, connecting a new data source, or simply learning to prompt better, the biggest gains often start small. Startup 360 is all about staying human and finding out what makes people tick. This show is a SmartCo Media production, produced and edited by Matt Jackson, and supported by Deel. Hire, manage and pay – anyone, anywhere.Subscribe on Apple, Spotify, and YouTube, and read StartupDaily.net for all the ANZ tech news for free!

    54 min
  6. Apr 24

    Using AI to deal with 'carenting' in the Sandwich years

    The term Sandwich Generation was coined in the early 80s to describe people, aged in their 30s to 60s, who found themselves not only raising a family, but also caring for their parents - "carenting" - at the same time. In the middle of all those competing demands, they're also trying to build their careers and the pressures can make it all feel overwhelming. The numbers are stark - caregiving is a second job taking an average 31 hours weekly, in a journey that typically lasts 5+ years. The cost to the caregiver is estimated at around $567,000. The burden falls overwhelmingly to women, who are 70% of caregivers. That challenge is the problem Melissa Reader set out to solve with her AI startup, Vera. Episode 54 of Startup 360 focuses on trying to be everything, for everyone, all at once in a heartfelt conversation between Melissa and host Simon Thomsen, spanning work culture, maintaining focus, grief, dementia, family conflict and even voluntary assisted dying - something in the news this week with the loss of broadcaster and musician James Valentine, aged just 64. Melissa faced tragedy early in her career after losing her beloved husband Mauro, aged 40, to cancer, just after the birth of their third child. She cofounded Vera with Yaniv Bernstein. It's an agentic AI platform that listens to your specific situation and helps turn those pressures into action to help you navigate a range of situations, from your parents to your family dynamics and other constraints. It's all about tracking what matters, connecting the dots between decisions and most importantly, using AI that never advises, but rather interprets and builds context for human experts to guide you. Melissa also produces the excellent Club Sandwich podcast with Sarah Macdonald, talking to people on the frontline of caring. Make sure you have a listen after Startup 360. Startup 360 is all about staying human and finding out what makes people tick. This show is a SmartCo Media production, produced by Mikey Marren and edited by Matt Jackson. This episode is supported by Deel. Hire, manage and pay – anyone, anywhere. Subscribe on Apple, Spotify, and YouTube, and read StartupDaily.net for all the ANZ tech news for free!

    49 min

About

Every Friday, Startup 360 hosts Simon Thomsen and Majella Campbell, dissect the news of the week in ANZ startups, before they’re joined by a guest to explore what makes them tick. Think of it as your startup guide to staying human. It’s all about lifting the bonnet on people to understand how they see the world and what inspires and drives them, and what they’ve learnt from both success and failure.

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