For an unlisted company, this is one metric that really counts and demonstrates we’re on the right track for success
Santa Monica, CA (PRWEB) April 28, 2012
Produced annually, BRW’s Fast Starter surveys start ups to determine the definitive list of businesses that have proven their resilience and willpower during challenging times. Businesses making the BRW Fast Starter list must also have increased their revenue and continued to outperform their competitors. In the current global economic environment businesses that make the Fast Starter list are best placed for future success.
For start up businesses to have qualified, they must:
- Have commenced trading after June 30, 2006
- Have reported at least two fiscal years of revenue
- Reported revenue of more than $500,000 in 2010-11
- Revenue for 2010-11 must have been higher than 2009-10
- Have 200 or fewer full-time employees
- Have more than one main customer
- The bulk of revenue cannot come from government grants or other start-up funding
- Private companies must have revenue figures verified by an external accountant or auditor
“BRW Fast starters is an enviable list for entrepreneurs to join and a great target list for equity investors to identify investment opportunities” said Troy Rushton, Winged Media CEO and founder. “Fast and sustainable growth is an important metric and demonstrates we’re on the right track for success. I’m proud of what my team has achieved so far, but we know there is still a lot to do.”
In November 2011 Winged Media received $3 million in first round funding from the Carnegie Innovation Fund, which enabled Winged Media to rollout the Protrada platform to the domain name investing market.
Protrada is the world’s first aggregator of the major domain auction houses. It provides members with the data and tools to buy, develop and sell domains from within one easy to use platform. Launched in mid 2011, Protrada offer members access to over 7 million domains and related data via the Domain Exchange. http://www.protrada.com
About Winged Media
Winged Media Pty Ltd was established in 2009 to develop a range of platform-based solutions for the domain investing arena, targeting professional domainers, internet marketers and share investors around the world. With offices in Australia and the United States of America, the company has launched a range of digital innovations, including Devname, kwIQ Tool, Parklings and Protrada. http://www.wingedmedia.com
For more news on Winged Media:
- Visit their blog at http://www.wingedmedia.com/blog
- Find them on LinkedIn at http://www.linkedin.com/company/winged-media
About M.H. Carnegie & Co.
M.H. Carnegie & Co. Pty Ltd is a private equity and venture capital firm established by Mark Carnegie in 2010. Together with Carnegie Venture Capital Pty Ltd, the ultimate General Partner of the Carnegie Innovation Fund, LP, M.H. Carnegie & Co. manages or advises on direct investments on behalf of institutional, wholesale and high net worth investors and has approximately $200m in committed capital across several funds and advisory mandates.
For further information and media interviews please contact:
Craig Russell |Winged Media| +61 (0) 418 468 470 | craig(dot)russell(at)wingedmedia(dot)com