Australian Tech Millionaires Hold Queenstown Secret Summit

Some of Australia’s best-known tech millionaires were in Queenstown recently at a mysterious meet-up where the requirement for entry was having a company valued at over $100 million.

Among the invitees were Seek co-founder Paul Bassat, online retail entrepreneur Ruslan Kogan (pictured), the founders of Campaign Monitor Dave Greiner and Ben Richardson, Freelancer.com CEO Matt Barrie, and Canva founder Melanie Perkins.

While the event didn’t have a formal name it has been referred to as a gathering of “unicorns and centurions”, with the unicorns being leaders of companies that have reached a $1 billion valuation and centurions those with a valuation over $100 million.

Participants exchanged views on the future of Australia’s tech startup industry and engaged in “peer support” discussions on the various challenges facing their businesses.

Naturally, there was some quad biking, hiking, and fishing, too. (And, according to one source, some helicopters.)

Original article by Alex Heber, Business Insider Australia, January 30, 2015.