How GetSwift got here: A timeline of the tech startup’s troubles

Tech startup GetSwift’s shares remain suspended by the Australian Securities Exchange (ASX) this week, pending further enquiries from the ASX about how the details of GetSwift’s partnerships were announced to investors.

The delivery ‘software as a service’ company was founded by former Australian football player Joel MacDonald in 2014, and while it has received notable amounts of investment and a positive reception during its formative years, in the time since the company listed on the ASX in 2016, a number of concerns have been raised.

A Fairfax investigation into the business last week alleged the company had failed to provide investors with market sensitive information about significant changes to its contracts with other businesses. That prompted the ASX to then request a response from GetSwift to a series of questions about these contracts.

To help you understand how GetSwift got to the position it’s in today, StartupSmarthas compiled a timeline of events and dramas in the history of GetSwift. Read more

Dominic Powell & Emma Koehn - Smart Company - 29 Jan 2018

Comments

We welcome relevant, respectful comments.
Please read our Comment Policy before commenting.
We also welcome direct feedback via Contact Us.
You may also want to ask our librarians.

Be the first to write a comment