Inside the $200 billion billionaire factory

Amid private credit’s gold rush, New York City’s Blue Owl is providing the “picks and shovels” for deal-hungry private equity firms. It also injects liquidity into the partnerships, minting billionaires in the process. This story featured in Issue 12 of Forbes Australia. Tap here to secure your copy. In early April 2020, when Covid fears were […]

‘Tough journey’: Riding the $800 billion weight-loss wave

Blackbird-and-Woolworths-backed start-up Eucalyptus revolutionised the telehealth sector pre-COVID-19 through its multiple online health clinics. It bucked the downturn in tech funding in 2023 by moving to prescribe Ozempic through its weight-loss-focused channels. The journey has not been without controversy.   This story featured in Issue 12 of Forbes Australia. Tap here to secure your copy. What does […]

Inside Vow: The spaceship of the cultured meat industry

George Peppou has worn many hats, including a chef’s toque. These days, he’s wearing a hair net in the lab at cultured meat start-up Vow. With a US$49 million capital raise behind the business and another in the works, Vow, recently launched in Singapore, is preparing for global expansion.  This story featured in Issue 12 […]

‘Surreal’: The new wave of digital marketing

As digital art becomes mainstream, luxury fashion houses are increasingly turning to more innovative marketing campaigns to capture their audiences. Australian 3D artist Paul Milinski is on the job.   This story featured in Issue 12 of Forbes Australia. Tap here to secure your copy. A tiny sailboat is set upon the water fountain in Paris’ Jardin […]

Quick Takes: Three entrepreneurs we’re watching right now

Forbes Australia has identified the entrepreneurs who are making waves in Australia’s startup scene at the moment. ‘Quick Takes’ featured in Issue 12 of Forbes Australia. Tap here to secure your copy. Redactive AI Founded by AI engineer Lucas Sargent and former Atlassian product managers Andrew Pankevicius and Alexander Valente, Redactive AI has security and responsible AI […]

‘We don’t guess’: Peter Barrett has 10 unicorns corralled in his Playground and he’s hunting more

Peter Barrett dropped out of Sydney uni to head to Silicon Valley in 1986. He gave Elon Musk his first job in the Valley, worked with Bill Gates, and started a venture fund, Playground Global, that has had 20% of its portfolio hit billion-dollar valuations. He also started a school in his backyard. He has […]

Exit strategy: How this company sold itself to its workers 

Business owners are finding new ways to give their staff a piece of the pie, but Australia is lagging on employee ownership. This article features in Issue 12 of Forbes Australia – out Monday, 12 August. Tap here to secure your copy. Janna DeVylder walked into a meeting with a big corporate mergers-and-acquisitions guy who […]

Synchron hooks up human brain direct to AI

Synchron’s adoption of artificial intelligence into its brain-computer interface is a step towards transhumanism, says the company’s brain-surgeon CEO Tom Oxley, but that’s not why they’re doing it. The incorporation of a large language model into Synchron’s brain tech keeps the Australian-founded, US-headquartered Synchron ahead of its main rival, Elon Musk’s Neuralink, in the race […]

Icon’s benign growth into the UK cancer market

Brisbane-based cancer-care provider, Icon, has bought UK chemotherapy compounding company Pharmaxo, further expanding its presence in the global growth industry. The purchase marks another milestone for Icon which was founded in Toowoomba, 120km west of Brisbane, in 2007 by a group of doctors and radiotherapists hoping to make advanced cancer treatments available to regional Australians. […]