The Top 100 Aussie Startups Index Is Dead…Long Live The Top 100 Aussie Startups Index

2:12 pm

After much debate about ways to improve the Top 100 startup list we’ve decided to ditch the old, traffic-centric, method and partner with YouNoodle.

Below are some FAQ about the list, followed by the list itself.

At all times you’ll be able to access a real-time version of the list by clicking on the “Top 100 Aussie Tech Startups” link in the toolbar. (the quicker ones amongst you will notice a name change away from “Web Startups” to “Tech Startups” - this is because now we’ve dumped the traffic-centric model all sorts of tech companies should start to get a better run)

We’re also going to keep a list of the top 10 movers in the sidebar, so you can see who’s moving and shaking.

FAQ

How does YouNoodle calculate scores:
A YouNoodle Score is a measurement, on a scale of 0 to 100, of a startup’s progress as an early-stage company. Typically, a 0-15 company is just getting started, a 30-60 company has experienced some very strong growth (through traffic, funding, or revenue), and a 90-plus company is a strong IPO or acquisition candidate. The score is based on a sophisticated algorithm using information from thousands of online sources: traffic, level of mainstream media coverage, funding, blogosphere activity, and other key factors.
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Why is TechNation Australia working with YouNoodle?
TechNation Australia has decided to start working with YouNoodle because we feel they have a better way of tranking startups than pure traffic alone.
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What is the YouNoodle score based on?
YouNoodle’s scores and rankings are based on a sophisticated algorithm using information pulled in from thousands of online sources: traffic, mainstream media, funding information sources, the blogosphere, and other key factors.
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How can I influence my startup’s score?
Build value for your company! This is in the form of whatever is most valuable to your business in the short and medium term - possibly traffic, funding, revenue, partnerships, key hires, or major media coverage. Keep in mind that the algorithm for scores is specific to an industry, and in some cases location as well.
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How can I get onto the list of startups that are being measured?
For now, as it was before, you can add your startup to the list of startups on Startup-Australia.
I highly recommend that you also add your startup to YouNoodle as soon we will be doing filtering straight off their list (ATM they have over 27,000+ start-ups, so you may already be there)
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Will I still have access to the old Top 100 lists?
Yep – they’ll be at the bottom of the “Top 100 Aussie Tech Startups” page

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