Schwab and Same were featured in last month’s BRW Young Rich list and are estimated to have a combined wealth of $49 million.
They have an impressive track record of investing in successful disrupter online marketplaces including Seek, Carsales and Menulog, the latter selling in June for $855 million. “Online marketplaces are the ideal disrupter,” Schwab said. “They bring together a huge number of diverse of buyers and sellers, nationally and globally, in an efficient manner. Seek, Menulog and Carsales are perfect examples.” “Turning an inefficient, expensive off-line marketplace, often a lazy monopoly, into an environment that makes it easy for people to transact.” The approximate $500,000 investment will be used to expand the artists on the site and invest in technology and a marketing campaign. Bluethumb already features an impressive array of artists including 2015 Archibald Prize finalist Kim Leutwyler, Waterhouse Prize finalist John Graham and 2014 National University Prize Winner Michael Carney. Bluethumb sell original art directly from Australian artists’ studios (there are over 1000) to buyers around the country. Unlike other online galleries, it’s an open platform so any artist can set up a gallery page and sell on their website and app. “We make it easier to be an artist,” co-founder and managing director Edward Hartley said. “Along with the exposure that comes with the hundreds of thousands of hits we get a month, we remove distractions by marketing our artists and arranging deliveries, leaving our artists to do what they do best.” Last week, Bluethumb launched a new website with improved user experience ahead of competing against 63 countries at the world championships for creative entrepreneurs, the Creative Business Cup. They will represent Australia from 17th to 19th November in Copenhagen after winning QUT Creative Enterprise Australia’s Creative3 Pitch, Australia’s only event dedicated to connecting creative industries’ ventures with investors.
Esports organisation ORDER has announced the appointment of Michael Speakman as its new Head of Commercial. As part of ORDER’s expansion, Speakman will help navigate new commercial opportunities by offering a creative space for brands to connect, level up and deliver partnerships across the gaming ecosystem. ORDER continues to sustain its rapid expansion by appointing a […]
Hivestack, the leading global programmatic digital out of home (DOOH) ad tech company today announced a partnership with Clear Channel Outdoor Americas (CCOA), the US based business of Clear Channel Outdoor Holdings: one of the world’s largest outdoor advertising companies. Through this new partnership, CCOA will offer advertisers a way to buy DOOH inventory programmatically […]
Samsung Electronics Australia has this week announced the lineup of five budding recording artists for its UNDSCVRD competition, a TikTok docu-style reality series aimed to bring the spotlight to the rising music talent in the country. The series, presented by Samsung Galaxy, brings together five musical talents from across the country who were hand-picked by […]
Independent media agency Kaimera has recruited five new team members to manage its continued growth, following several new client wins including Britbox, Campos and Under Armour. Daniel Miller (pictured above) has joined from News Connect, where he was an associate programmatic trader, in the newly created role of platforms manager. In the role, he will […]
The sexiest singles in the nation (according to Channel Nine, at least) are back on airwaves with Love Island Australia on Monday, October 4, at 9.00pm after The Block on Channel 9 and 9Now. Aussie sweetheart Sophie Monk will return to host (and play Cupid) alongside new addition, comedian Stephen Mullan a narrator, in the world-renowned reality TV […]
Yotpo is officially expanding into Australia, off the back of significant market growth with massive Aussie names, a landmark investment from Shopify and a plan to help local Aussie e-comm explode. Yotpo’s ANZ userbase includes names like Zoe Foster Blake’s $180M Go-To Skin Care, e-commerce fashion queen Princess Polly, and billion-dollar streetwear brand Culture Kings, […]
Progress has today announced the availability of Progress Sitefinity DX 14.0. This agile, flexible and extensible platform allows organisations to create an ideal digital experience platform (DXP) tailored to their unique needs and objectives with new capabilities for low-code integration and chat-driven engagement, as well as enhanced headless content delivery. The digital world is transforming […]