We have a thriving VC community in Aus, with lots of awesome people and stupid amounts of money.

It's for Mining/Agribusiness.

Now trying to get a Tech VC community bootstrapped is going to be interesting, mainly because we seem to be stuck in a: Vcs are an oligopoly -> Nobody wants to go through them -> No new companies are formed -> No new VCs start here -> .... Cycle. The influx of a whole new environment to nurture startups recently seems interesting. Things like Fishburners, Silicon Beach, etc. Are doing good things incubating new startups adn getting them networked, but it stands to time if this recent upswing will get us out of the cycle.