There are clearly 2 views here and they are both valid, although the
discussion is becoming somewhat academic.

For me personally there's another element, and that's the personal
angel. I believe most entrepreneurs carve a path for themselves, they
visualize a future that they'd like to have or create.

Although many of the elements already discussed, e.g. larger customer
base, greater valuations, higher chance of partnerships/acquisitions
were half the reasons why I moved to the Valley, ultimately I'm on a
life journey and being in the Valley is one step in that journey. And
this was the other half for moving here.

My journey will end back in Oz in the next few years and that's where
I plan to base myself permanently. It's then about giving as much to
Australia and Australian technology entrepreneurs as possible.

So just like some mountaineer head to Nepal to climb Mount Everest,
many technology entrepreneurs are driven by the same goals, we have
mountains to climb all over the world, one of the big ones is here in
North California.

Bardia

On Nov 22, 4:38 am, Kim Heras <gee...@gmail.com> wrote:
> Big props to Simran for pushing the point here.
>
> Agree or disagree, the discussion is the most important bit.
>
> My thoughts:
>
> 1. The idea that you HAVE to move to the Valley to be successful is
> ridiculous.
>
> 2. The idea that it's unlikely that we'll build anything like Silicon
> Valley in Australia so we should stop trying to create an ecosystem
> that creates internationally relevant startups that maintain a strong
> local presence, is equally ridiculous.
>
> 3. As Simran rightly points out "success" is contextual.  The idea
> that success is only measured by the valuation of a business or, as
> Elias speaks about in his blog post about Snake Oil and Ponzi schemes,
> the mere fact that your startup was acquired,  is flawed.
>
> In other words, there's nothing "un-successful" about creating a
> profitable startup in Australia that doesn't take any money and
> therefore doesn't have an investment figure generated valuation, or
> not being acquired. I know many startups like this locally and their
> founders should be recognised as successful entrepreneurs too.
>
> 4. The idea that we should do our best to create the free flow of
> capital and resources between Australia and other startup hubs, in
> particular the Valley, is a valid one. Free flow as in 2-way. It's
> very 1-way at the moment but I know there are good people trying to
> change this.
>
> 5. The support for entrepreneurs that is a key part of american
> society and culture, and the way that's amplified in the Valley,  is
> probably the biggest competitive advantage it has over any other
> startup hub in the world. Tall Poppy Syndrome (as Patrick rightly
> points out) is the biggest competitive disadvantage we have here.
> #unhate
>
> All the above having been said, my belief is that every Aussie startup
> entrepreneur should spend some time in the Valley. The amount of time
> will depend on your personal situation and the nature of your startup
> and the market(s) it wants to operate in.

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