Example; 1999 - Cleartext founded, chased private investment, chased VC, chased grants stuck our head in the compiler. = Failure (back to corporate world)
2005 - Cleartext re-founded - Forget outside help, create a business plan, use our own cash, outsource tech stuff = Success The interesting thing here is that the first run was our own IP, second time around it's OEM or co-branded which is now funding development of our own IP, social messaging solutions for businesses. regards, David Banes Director & CEO, Cleartext Director & Secretary, Internet Industry Association Director & Chairman, XMPP Standards Foundation email: [email protected] xmpp: [email protected] Tel: +61 2 8001 2600 - Cleartext is Carbon Minimised - NEW SERVICE LAUNCH - Social Networking over XMPP -- http://www.cleartext.com/social/ On 19/03/2009, at 8:44 AM, Niki Scevak wrote: > > Amen Mike! +1 to everything you have said. > > Having moved back from the US to Sydney and still being on similar > entrepreneurial lists the biggest difference I can see about Australia > is the obsession with the Government doing something to help them. The > US has exactly the opposite attitude: anything the Government does is > counted as a surprising bonus. The US tax and corporate laws are 10x > as complex as they need to be. But no one cares about the government > because of one simple reason: they have shit all to do with your > success. > > The fact that Australian venture firms need to take government money > (and they have for a while) is a sad indication of their track record > and not something that will make a shit of difference in 'saving tech > innovators'. > > On Mar 18, 9:48 pm, Mike Nicholls <[email protected]> wrote: >> OK accidentally hit send too early, back again. >> >> 4. Im tired of the time wasting bullshit regarding an Investment Fund >> raising $500 per person. Does anyone aside from me realise how >> crazy this >> idea is? The mechanics, the legals, the wasted energy, it would be >> like the >> politburo or some wacky version of socialism. The legals would >> consume the >> fund within two weeks. >> 5. Anyone also tired of relentless arguments about Code Ninjas and >> how >> programmers would feel about being called a Ninja? >> >> Numerous times in the last 3 months I have started to write replies >> to some >> of the crazy topics that are on this list and have stopped because >> even >> discussing them is a waste of time. >> >> I would like to suggest a refinement of the charter for this list. >> >> 1. No sarcastic topics about your view of the world or the >> Government or >> Venture Capitalists, no one cares. >> 2. Ask questions or advice - Please, this is what is valuable >> about the >> group >> 3. Lets try to keep a focus on business, not on politics >> 4. Lets focus on how we can improve your business, lets get into >> specifics about what actionable steps we can take to make things >> better for >> you personally, I and others on the list are happy to help with >> our >> experiences but I am so over the socialist sarcastic winging >> attitude on >> this list. >> >> I hope you will excuse this rant, but it has been coming for months. >> >> Thanks >> >> Mike Nicholls >> >> On Wed, Mar 18, 2009 at 9:25 PM, Mike Nicholls >> <[email protected]>wrote: >> >> >> >>> OK that's it. I am fucking over it. You would be socialist >>> entrepreneurs, I >>> feel like I am talking to my kids but here goes. >> >>> 1. I am sick of the bitching on this list about what every one >>> Government should do >>> 2. The world, the Government (ours or the US), Venture >>> Capitalists or >>> anyone else doesn't owe you a living or funding or a scheme to >>> make your >>> life easier >>> 3. Funding won't change your world, 95% of you are not suitable >>> for >>> professional investors, even on the remote chance you got >>> funding, I promise >>> you will for the most part regret the experience. >>> 4. >> >>> On Wed, Mar 18, 2009 at 9:08 PM, Geoff McQueen - Hiive Systems < >>> [email protected]> wrote: >> >>>> Wow. That's great. Now if only we were a car industry producing >>>> vehicles >>>> people don't want to buy in a market too small to achieve >>>> economies of scale >>>> owned by parent companies who'll repatriate $AU from taxpayers >>>> back to their >>>> own struggling head offices, we might actually have an industry >>>> strategy and >>>> some decent funding approaching the billions the car industry got >>>> handed out >>>> AFTER the productivity commission reported that it was a shocking >>>> waste. >> >>>> With a different perspective and some actual leadership , perhaps >>>> we could >>>> transition our economy ahead of the information revolution we're >>>> in the >>>> middle of... >> >>>> The more I hear about how this so-called Innovation department >>>> works, the >>>> more concerned I get for our industry which represents one of the >>>> few bright >>>> opportunities for our country. >> >>>> If you haven't already seen it, read >>>> http://www.smh.com.au/news/technology/opinion/perspectives/backwards- >>>> ... >>>> . >> >>>> Geoff >> >>>> -----Original Message----- >>>> From: [email protected] [mailto: >>>> [email protected]] On Behalf Of bengrubb >>>> Sent: Wednesday, 18 March 2009 2:30 PM >>>> To: Silicon Beach Australia >>>> Subject: [SiliconBeach] Govt pledges $83M to save tech innovators >> >>>> THE Rudd government will inject up to $83 million into the local >>>> venture capital pipeline as a stop gap measure to try and prevent >>>> promising tech companies going under due to the global financial >>>> crisis. >> >>>> http://www.australianit.news.com.au/story/0,,25205179-5013040,00.html >>>> ... > > -------------------------------------------------------------------------------------------------------- Email Filtering by Cleartext a Carbon Minimised company - www.cleartext.com -------------------------------------------------------------------------------------------------------- --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Silicon Beach Australia mailing list. 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