Unsexy companies are sexy now: Startups seek safety as the technology crisis continues
Australian venture capital firm Flying Fox Ventures is focusing on decidedly unsexy startups, its partners say, as local investors modify their strategies in the wake of the tech downturn over the past 18 months. Flying Fox led a $1.4 million ($750,000) investment round in British accounting startup Mayday, which founder Rachael Neumann says is part …