Hmmm, a lot of negative comments so far. So in light of that, can anybody explain why the CW here is that so much of the Australian scene is a ripoff?
However, on the ground here I don't just see the big guys. There a plenty of smaller bootstrapped companies that are genuinely innovative. I went to a startup expo at one of the uni's here last month and was completely blown away by the innovation of many of the smaller companies. If I had the money there's plenty I would be betting on.
"Just wait" is what I would say.
Our VC market is very good for farms and for mines and for not much else. It's changing, but slowly.
Going to SV makes this so much easier, but it means that you have to basically expand out of Aus, which is harder said then done.
Here's to hoping things get better in the future :)