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As co-founder of Overnight Success , I’ve written over 100,000 words about Aussie startups in the last two and a half years. On reflection, only a select few have stuck with me — so much so that I could confidently recount their stories around a campfire with my mates. These startups share a few key elements that make their stories genuinely memorable. These startup stories aren’t just polished press releases; they’re crafted yarns that hit specific notes from the ancient craft of storytelling that anyone around a campfire wants to hear , and they’re built with a few common elements. Jeopardy! The startups that stick with me have created a sense of jeopardy. There needs to be something at stake. An easy question to ask yourself is, what is at stake if your startup doesn’t succeed? If you’re a climatetech, paint me the picture of the world without your solution. If you’re building a solution for small businesses, teach me about the fate of SMEs that don’t use your product. It’s this tension — this what if — that makes their journey compelling. Around a campfire, no one listens if there’s no risk involved. David meets Goliath If you’re building a startup looking to secure venture capital investment, you should have pretty big aspirations. These aspirations will probably disrupt a big industry, impacting many people’s lives or work. Establish your David versus Goliath underdog story and give your audience a reason to back you. Everyone loves an underdog, and as a startup, you’ll always be the underdog. Let the audience know about your Goliath, why we should dislike them and how you’re taking them down. Epic decisions or reality-changing moves The founders of the most memorable startups did something epic or life-altering to be where they are now. Maybe they quit their safe corporate job, sold their car to fund their business , or had a personal life-changing inflection point that made them realise their mission. If you listen to enough episodes of How I Built This by Guy Raz, you can often identify this exact moment just before an ad break. These decisions create inflection points in a narrative. They close Act One and launch Act Two, and around a campfire, inflection points are when people lean in. Easter eggs If there’s one thing I’ve learned since childhood — whether from my three years working in childcare or my childhood playing video games — it’s that everyone loves discovering an Easter egg . When a new startup announces a raise, highly invested readers will want to learn more. They’ll do their due diligence by looking at what else you’ve published or your startup’s website. It’s a great feeling when there is a pot of gold at the end of this rainbow. Perhaps a personal story about what the raise means to them, arching back to the personal jeopardy they’ve risked. Easter eggs like these make readers feel they’ve discovered something intimate about you. Actions like this build empathy, feel authentic and turn casual readers into supporters waving your flag. Clarity and simplicity Finally, the best startup stories are the ones I can retell effortlessly. The founders arm you with the ability to explain what they do in a way that makes sense — no jargon, no buzzwords. If I can’t summarise a startup’s purpose or how it works in a few lines, it’s not a campfire yarn worth sharing. The startups that nail this are the ones everyone talks about most, because we understand them. In a crowded media landscape, the startups that stay with you aren’t just the ones with the most impressive numbers or most significant raises. The startups that sit with you told a story worth sharing around a campfire. These stories make you believe something is at stake, where the founders made life-altering decisions, and where the mission is so clear that anyone can understand it and pass it on effortlessly. These stories resonate long after the initial pitch or headline, the ones I’ll find myself talking about with friends years from now. If your startup can pass the campfire test, you’ll build more than just a business. You will be creating a story that people can’t help but share. Never miss a story: sign up to SmartCompany’s free daily newsletter and find our best stories on LinkedIn .The global sports media wasted no time in recognizing Zheng's remarkable achievement, with many outlets dubbing her victory as the most significant upset of the year in women's tennis. Zheng's win over Swiatek not only shocked fans and pundits but also served as a testament to the unpredictable nature of sports and the limitless potential of young talents on the rise.

Melvin Odoom’s secret attempt to win over Carol Vorderman BEFORE I’m A Celebrity revealedShares of Okeanis Eco Tankers Corp. ( NYSE:ECO – Get Free Report ) saw strong trading volume on Friday . 139,240 shares changed hands during trading, an increase of 56% from the previous session’s volume of 89,389 shares.The stock last traded at $21.24 and had previously closed at $20.91. Okeanis Eco Tankers Price Performance The company has a market capitalization of $676.72 million and a PE ratio of 5.79. The company has a quick ratio of 1.34, a current ratio of 1.69 and a debt-to-equity ratio of 1.48. The firm’s 50-day moving average is $23.46 and its 200-day moving average is $28.77. Okeanis Eco Tankers ( NYSE:ECO – Get Free Report ) last issued its quarterly earnings results on Friday, November 8th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.36. The firm had revenue of $84.93 million during the quarter, compared to analyst estimates of $74.61 million. Okeanis Eco Tankers had a return on equity of 27.19% and a net margin of 29.25%. Equities analysts predict that Okeanis Eco Tankers Corp. will post 3.19 earnings per share for the current fiscal year. Okeanis Eco Tankers Cuts Dividend Institutional Inflows and Outflows Several large investors have recently made changes to their positions in the business. Wexford Capital LP grew its holdings in shares of Okeanis Eco Tankers by 7.1% during the 3rd quarter. Wexford Capital LP now owns 22,204 shares of the company’s stock valued at $728,000 after purchasing an additional 1,472 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Okeanis Eco Tankers during the third quarter valued at about $206,000. Marshall Wace LLP bought a new position in Okeanis Eco Tankers during the 2nd quarter valued at approximately $247,000. PDT Partners LLC raised its holdings in shares of Okeanis Eco Tankers by 61.5% during the third quarter. PDT Partners LLC now owns 20,254 shares of the company’s stock valued at $663,000 after acquiring an additional 7,715 shares in the last quarter. Finally, BBR Partners LLC purchased a new stake in shares of Okeanis Eco Tankers in the 3rd quarter worth about $326,000. About Okeanis Eco Tankers ( Get Free Report ) Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece. Featured Articles Receive News & Ratings for Okeanis Eco Tankers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Okeanis Eco Tankers and related companies with MarketBeat.com's FREE daily email newsletter .

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The Kansas Jayhawks are home from Las Vegas to finish out the Vegas Showdown in the friendly confines of Allen Fieldhouse. After defeating Duke in the showcase matchup of the event, the Jayhawks are looking to continue their undefeated start for their best starting record since the 2019 season. Kansas began the season as the number 1 team in the nation in both preseason polls, and have only solidified that spot in recent weeks. Furman has used their hot start to the season to get consideration in the AP Poll, earning two points to be included in the Receiving Votes category. Kansas won the only prior meeting between these two teams, a 101-60 victory on December 20, 1993 in Allen Fieldhouse. Here are the essentials: How to Watch Saturday, November 30th, 5:00 p.m. CST Lawrence, KS: Allen Fieldhouse (15,300) TV: ESPN+ - Mark Neely (Play-by-Play), Nick Bahe (Analyst) Radio: Jayhawk Sports Network - Brian Hanni (Play-by-Play), Greg Gurley (Analyst) Live Stream: ESPN+ LIVE Updates Live Updates will start at approximately 5pm Central The Numbers #1/#1 Kansas: KenPom: 9th overall, 14th offense, 14th defense RV/- Furman: KenPom: 115th overall, 170th offense, 90th defense Line: KU -21.5 O/U: 148.5 Game Coverage Furman Preview Game Predictions from the All Jayhawks staff Fun Facts Kansas is 157-6 (96.3%) at home against non-conference opponents under Bill Self. The last home loss out of conference came as part of the Big 12/SEC Challenge against Kentucky on January 29th, 2022. A win today will give the Jayhawks 2,400 all-time wins, making them only the second program to accomplish that feat. The Jayhawks are looking to start the season 7-0 for the first time since the 2018-19 season. Follow us on Twitter(X) Rock Chalk Podcast: Apple Podcasts | Spotify | Twitter(X)

Bronx nonprofits say the city is months late in reimbursing them for millions of dollars in contracted services, straining their financial outlook and ability to provide critical social services. While this issue is not new, leaders of organizations say this year has been worse than ever. BronxWorks — which provides youth programming, meals, homeless shelters and more — is currently owed $9 million in unreimbursed services and recently had to use a line of credit to cover payroll, chief financial officer Gordon Miller told the Bronx Times. Bronx Defenders, a provider of legal assistance and holisti c support for Bronxites in the criminal justice system, is waiting on $1 million, according to Executive Director Juval Scott. The Mayor’s Office of Contract Services (MOCS), however, told the Bronx Times that the city is dedicated to helping nonprofits “navigate the invoicing challenges” and assisting them in getting paid. Despite the city’s pledge, organizations say that late payments, which have been a persistent problem, are now even worse. The city contracts with social service providers for billions each year, but slow payments are leaving many scrambling, forcing some to cover expenses through borrowing — and footing the bill for high interest costs. Small nonprofits are especially affected — even waiting on $10,000 can have a drastic impact on their bottom line, said June Jimenez, interim executive director of the Bronx Community Foundation, which supports the borough’s nonprofit sector. Lack of consequences Past attempts to improve the city contract process resulted in temporary gains. Shortly after Mayor Eric Adams was elected, he and Comptroller Brad Lander announced a Task Force on Nonprofit Contracting, culminating in a February 2022 report with recommendations for improving the “onerous and slow” process. That spring, the mayor touted his “Clear the Backlog” initiative, which freed up over $4 billion in contractual dollars owed to nonprofits. But any past progress is now “stalled” — and the city is again unacceptably late in payments to many nonprofits doing critical work, said Council Members Althea Stevens and Justin Brannan in a recent op-ed . Stevens, who represents the southwest Bronx, and Brannan, who represents Brooklyn neighborhoods including Bay Ridge and Coney Island, said the current contract process creates no incentive for prompt repayment, as it has no set timeframes or deadlines — a fact that has apparently not changed since the same concern was raised in the 2022 task force report. “[T]he city is behaving like a disengaged, deadbeat parent,” wrote Stevens and Brannan, who are working together on legislation requiring the city to pay interest on late payments. Stevens told the Bronx Times that “Clear the Backlog” was proof that the administration knows how to resolve the issue but has not consistently made it a priority — leaving nonprofits “essentially floating the city.” “If the city doesn’t have consequences, they don’t have incentive to pay these people,” she said. In a statement to the Bronx Times, MOCS affirmed the administration’s commitment to keeping critical service organizations going, noting that the nonprofits also have many employees. “The Adams administration has made it clear that supporting the workers that provide vital services to New Yorkers, particularly our most vulnerable residents is a top priority.” The office pointed to measures aimed at protecting vulnerable New Yorkers — while acknowledging challenges in the contract process. “MOCS continues to collaborate with the City’s contracting agencies to ensure that procurement professionals and our nonprofits receive the necessary information, resources, and personalized support to successfully navigate the invoicing challenges.” But Stevens said local nonprofits are not receiving enough help. The task force should be reconvened, she said, because many social service organizations are worried about even making payroll in December — putting thousands of New Yorkers at risk for a terrible holiday season without the services they rely on. Stevens predicted that until change comes to the contract process, more nonprofits may suffer the same fate as Sheltering Arms, which shuttered and filed for bankruptcy in 2023 after years of budget cuts and delayed city payments. “It’s not their fault. This is not okay,” she said. ‘It’s unsustainable’ Many New York City nonprofits are increasingly dissatisfied when contracting with the city. In a recent survey by the Human Services Council of New York, a coalition of nonprofit organizations, half of its 70 respondents called the contract process “the worst it has ever been.” Raye Barbieri, CEO of the Kingsbridge Heights Community Center, agreed. “This year seems to be particularly horrible for everybody across the board.” The center was founded in 1974 and has a food justice arm, a rape crisis center, early childhood programming and more. The Human Services Council survey found that 90% of respondents were waiting on payments totaling $365 million — and nearly one-third were delayed by more than six months. Additionally, the survey found that 48% of respondents had to use loans or lines of credit to cover the late funds, saddling them with a total of $6 million in interest that cannot be reimbursed. A major contributor to the delays lies with PASSPort, the city’s system for contract management, which was upgraded this year to include invoicing and payment capabilities, said Miller at BronxWorks. Problems with implementing the new functionality appear to have made the existing backlog problem even worse, he said. The public version of PASSPort can be found here . The city defended the technology, saying in a statement that “MOCS is diligently working around the clock to evaluate the PASSPort system and implement upgrades that enhance in-system payment processes. This is to guarantee that payments to our valued nonprofit contracting partners are not interrupted.” But Miller said payments have indeed been severely interrupted — and that BronxWorks is paying the price. While he said he has seen recent signs that the backlog is slowly clearing and the city granted two partial advances on their contract, those funds dried up, leaving BronxWorks no choice but to use a line of credit to make payroll. For now, the organization is getting by, he said. “We’re still continuing our excellent service and working with our clients.” But even if every problem with PASSPort was fixed tomorrow, “You gotta play catch up.” Barbieri said her organization has not yet needed to use its available line of credit, thanks only to scrimping and saving, and she could not give a dollar amount for which the Kingsbridge Heights Community Center is owed. But she said there is much anxiety around the delays, especially for their largest contracts with the Department of Education. Barbieri said nonprofits are treated unfairly compared to other entities that contract with the city. Despite — or perhaps because of — the essential nature of their work, they have little choice but to keep going while waiting on their funds. “There’s no other category of vendor in New York City that would ever be expected to or asked to provide services, programming or supplies before a contract is registered and in place,” she said. There’s no construction company that’s going to say, ‘Sure, we’ll start working without a contract.’” ‘It’s unsustainable’ Scott at Bronx Defenders also expressed frustration at not being able to begin any steps of the reimbursement process. The organization has been unable to submit invoices in PASSPort for the past six months due to technical problems, she said. The late payments are bringing down staff morale, adding another layer of stress to their already challenging workload — which in turn trickles down to clients, said Scott. Within Bronx Defenders, the sectors waiting on the most money are legal services for immigrant families and residents facing eviction, areas that already struggle to meet demand, said Scott. The late payments “seriously jeopardize” the organization’s ability to continue services, she said. As with BronxWorks, the city also gave the Bronx Defenders a partial advance on their contract, which got them through for a time. But now, with the advance running out, Scott said she desperately wants to avoid taking out a loan. “It’s unsustainable,” she said. “It’s not a good way to manage.” Scott said while the late payments seem mainly due to technical and administrative problems, they have a real “punitive effect” on nonprofit organizations. If the Bronx Defenders takes away funds for other services to cover loan interest, “The people that benefit from this are the banks.” Barbieri said while nonprofits are resilient, the sector needs to be treated with greater priority. Until reform comes, her organization will continue its work — such as providing holiday food packages for over 500 residents last week — even if running on fumes. “We’re gonna deliver services because that’s our mission,” she said. “A construction company can say ‘full work stoppage.’ We can’t do that.” Reach Emily Swanson at eswanson@schnepsmedia.com or (646) 717-0015. For more coverage, follow us on Twitter, Facebook and Instagram @bronxtimes

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