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Airtasker canned some ex-employee options before float afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
Atlassian co-founders Scott Farquhar and Mike Cannon-Brookes. Source: supplied. Some of Australia’s highest profile tech entrepreneurs have written to the Australian Taxation Office to propose a collaborative workshop on the R&D Tax Incentive (RDTI) scheme as it applies to software research. The letter, addressed to ATO Commissioner Chris Jordan, is co-signed by the likes of Atlassian co-founders Scott Farquhar and Mike Cannon-Brookes, and Canva co-founder Cliff Obrecht. Other high-profile signatories include AirTasker founder Tim Fung, Brighte founder Katherine McConnell, Culture Amp founder Dider Elzinga and Deputy founder Ashik Ahmed, as well as StartupAus chief executive Alex McCauley. In total, the 13 signatories represent 12 tech companies and organisations. ....
PURE Fitness to open new centre at K11 MUSEA Details 22 February 2021 Despite the struggles faced by many fitness centres amid the pandemic, PURE Fitness will open a new location at K11 MUSEA in Tsim Sha Tsui in May. The company said the new facility is the largest PURE Fitness in the world, covering over 30,000 square feet of net space within its two-storey warehouse-style venue that features high ceilings with skylights and spectacular views across Hong Kong’s iconic harbourfront. Under the theme of Out Of This World , this latest location will offer invigorating experiences and renewed aspirations at a time when people cannot fulfill their love for travel. ....
Airtasker co-founder and chief executive Tim Fung Airtasker is gearing up to list on the Australian Stock Exchange later this month, following a nine-year journey that’s seen it grow from a living room floor to multimillion-dollar revenues and international growth. The business filed its prospectus with the Australian Securities and Exchange Commission on Monday, 8 February, and is expected to list on February 22, under the ticker ART. Airtasker is seeking to raise $83.7 million through the float. The offer price for the listing will be $0.66 per share, giving the business an enterprise value of $226.9 million. In a letter to potential investors, co-founder and chief Tim Fung said more than $1 billion has been paid to gig economy workers through the Airtasker platform since it was founded in 2012. ....
ASX-listed Seven West Media will sell out of Airtasker in full as part of the online jobs posting company’s initial public offering and sharemarket float. ....