My first question is, are you sure it is higher than normal? Or are you just noticing it more? Are there others on the group willing to confirm Jeromy's observation?
Assuming it is higher here are some random thoughts. While the Australian environment might not look all great, it is certainly looking less risky than placing investments in Europe or the US. It is possible that a lot of Australian dollars have been pulled out of the international scene and are seeking a home in Australian investments. That coupled with the du jour of being an angel investor could be a strong reason. I don't think the Social Network effect would have much of an influence on the demand side (the investor). It would certainly have an effect on the supply side (the entrepreneur)... but then I think entrepreneur supply has been in surplus for quite a while in Australia. So I doubt that the Social Network effect is the cause of the increase in investor activity. The question I would ask the group is, "who cares why? If there is so much right now... should you exploit it? how do you exploit it? And is it "good" money?" Patrick. On 5 October 2011 04:15, 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 > > -- > You received this message because you are subscribed to the Silicon Beach > Australia mailing list. Vist http://siliconbeachaustralia.org for more > > Forum rules > 1) No lurkers! It is expected that you introduce yourself. > 2) No jobs postings. You can use http://siliconbeachaustralia.org/jobs > > > To post to this group, send email to > [email protected] > To unsubscribe from this group, send email to > [email protected] > For more options, visit this group at > http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en > -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Vist http://siliconbeachaustralia.org for more Forum rules 1) No lurkers! It is expected that you introduce yourself. 2) No jobs postings. You can use http://siliconbeachaustralia.org/jobs To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en
