What's interesting for the young Australian mind is landing in a place and doing work where it's cool to work on your favourite tech and it's given a value that's way outside what you could expect in Australia - perhaps in the millions.
It's a fantastic experience. You're then given seed capital (well below that valuation) and given basic facilities so that the business idea can be developed until the concept is ready for sale at the target level. Usually in the millions. Everyone is happy and helpful because it's in everyones interest to get the business up to the next level and sold off. The 'industry' for tech upselling is almost as big as the actual tech itself. But to get high-volume tech sales, the industry itself needs to digest lots of idea's and businesses through their ginormous washing mashine to sort out the silk from the car-wash-rags. Most gets used. Good stuff that the world wants is the output product. On Sun, Nov 20, 2011 at 10:40 PM, Michael Air <michael....@gmail.com> wrote: > Agreed - recently got back from a couple of trips to SF - the optimism > and support is just incredible! > > Big congrats to Nikki - YC will be an amazing experience. -- 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 silicon-beach-australia@googlegroups.com To unsubscribe from this group, send email to silicon-beach-australia+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en
