Today on StartupSmart, we chart the rise of the start-up accelerators that are giving traditional venture capitalists a literal run for their money.
The likes of Pollenizer, Startmate and PushStart suggests that Australia is belatedly catching up with the US, where the likes of YCombinator and TechStars back innovative start-ups with minimal amounts of cash.
But what does this mean for larger VCs in Australia? Are they now out of the loop or should start-ups still turn to them? We speak to the key industry players to find out.
Elsewhere, we profile Deals.com.au, which is looking to stand out from the group buying crowd, and mentor Tony Faure has some tips on who should be the first hires for your start-up.
Oliver Milman, Editor