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You need money in the system to fund quality startups. But you need quality startups to get money in the first place. The problem is that we lack a lot in both
by toast76 14y ago
You need money in the system to fund quality startups. But you need quality startups to get money in the first place.
The problem is that we lack a lot in both areas. Chicken/Egg.
- feint 14y agoAgreed - but I know of many quality startups that have moved to the U.S from Australia (including mine). I think the bigger problem is lack of quality Angel investors, VC's and incubators. The largest angel network in Australia still has a ridiculous and immoral pay-to-pitch flow. They simply just don't get it. And the VC situation is even worse.