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1.Market Observations, 8.Was Sticky

8 Nov 2016 (AFR) – Aussie tech deals on the up, but average deal values falling: Internet DealBook

(8 November 2016, AFR, p21, by Yolanda Redrup)

‘Australian entrepreneurs are flushed with cash thanks to the growing venture capital market, which has seen the number of private deals jump 50 per cent in the first nine months of the year. New figures from the Internet DealBook (the publishing arm of Right Click Capital) show that $608.4 million in deals have been done in the local tech sector this year, including listed companies, which in comparison to 2015 is a 32 per cent jump when the Menulog sale is excluded.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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