Sounds like a survey would do the trick here. Would be greatly interested in
the results.

On Wed, Oct 5, 2011 at 10:15 PM, Jeromy Evans <[email protected]> wrote:

> More than ever before (I think), new angel funds and incubators are
> appearing for tech startups in Aus.
>
> This is awesome, but what's the underlying reason for this?  Most
> industries are pretty low, consumer sentiment is pretty low and until
> recently the Australian dollar was unattractively high. Despite the
> high risk of failure, funding several tech startups with smaller
> investments must be more attractive than other ways to use that money,
> at the moment.
>
> Is this a side effect of The Social Network and the recent high
> profile high valuations in the US, or is there something else going on
> here? Is there a groundswell?
>
> cheers,
> Jeromy Evans
>
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