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Startup Grind Melbourne: Startup Grind hosts Rick Klink (OpenMarkets / Paritech) Event Review

By Business

On Thursday February 21st, I attended Startup Grind Melbourne event where it invited Rick Klink from OpenMarkets/Paritech to speak about his transition from corporate life to one of an entrepreneur and the ever-changing cryptocurrency landscape.

Rick spoke at length about working at IBM during the personal computing boom of the 1980s and early 1990s and how the Australian industry was small enough that recruiters would approach students directly on campus. He spoke about how IBM invested significant training resources in its staff and provided him with the vigour to embrace change. This philosophy carried him to his pioneering work in surfacing end-of-day trade date through Paritech and CommSec and continues in his latest venture, an online stockbroking platform named OpenMarkets.

Given OpenMarkets’s work within the cryptocurrency arena, the event attracted attendees from those who are curious about the concept of blockchain to entrepreneurs on the cusp of their own initial coin offerings. It was very interesting to see how Rick, who could very easily be mistaken for a tradition stockbroker at first glance, openly embraced cryptocurrency through OpenMarkets and viewed it as a legitimate way of trading going forward.

As with last time, the event was held at MYOB’s Cremorne office, so seating was quite lacklustre and the food was decent.

Despite the venue’s shortcomings, I would still attend future StartUp Grind events because they represent a great opportunity to meet entrepreneurs and learn about the origins of some of Australia’s most successful leaders.


Things of note:

  • Location: MYOB, 167 – 169 Cremorne St, Cremorne.
  • Highlight:Rick’s anecdotes about computers that were the size of rooms
  • Cost:From $30
  • Hot tip:Find a good seat with a cushion


  • Venue: 2/5
  • Catering: 2/5
  • Speaker: 4/5
  • Networking opportunity: 4/5

Total: 12/20