I think that so far Australia has been a pretty bad place to start a tech company. The startup community is quite small (even in Sydney). And in spite of it bei

I think that so far Australia has been a pretty bad place to start a tech company. The startup community is quite small (even in Sydney). And in spite of it being small, it's really hard to raise funding. Almost all of the successful Australian companies you hear about have bootstrapped themselves from nothing and succeeded against astronomical odds. It seems that the few companies that do get funded rarely go anywhere. A big problem with Australian investors is that they're extremely hesitant to invest in projects which are not within their immediate area of expertise - And this is generally limited to simple B2C companies which are basically rip-offs of successful startups in the US. Investors don't care much about potential - They care about numbers. High-tech projects like NoSQL databases, backend-as-a-service platforms, machine learning platforms, etc... These things generally don't get funded in Australia.