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Most of the capital is effectively controlled by large pension companies, advised by a small number of pretty traditional consultants, and little goes into VC.
by justincormack 11y ago
Most of the capital is effectively controlled by large pension companies, advised by a small number of pretty traditional consultants, and little goes into VC.
- cbaleanu 11y agoThis (Used to work for the largest of them all) and one of the slowest internet speeds of the western worlds. Almost everything in Australia is a monopoly: kmart, target, the biggest grocery chain are all owned by one company. 90% of the internet infrastructure is owned by a single company. Yet people dont react because real estate exposure.
- jeza 11y agoTwo companies. It's more duopoly rather than monopoly but they track each others prices to ensure they aren't offering anything cheaper than the other.