I think the Aus government is incredibly generous to startups if you consider
- IIFF - Commercialisation Australia - R&D Tax Incentive - EMDG - Australian Technology Showcase The only areas where government intervention would help are: - Changing how share options in startups are taxed - Encourage superannuation funds to invest in venture capital The big issues in Australia are the small market size, distance from major markets and lack of upstream exit opportunities, none of which the government can change. On Tuesday, 24 December 2013 03:40:51 UTC+11, Dean Collins wrote: > > Thoughts - > http://www.computerworld.com.au/article/534510/how_tech_startups_rate_australia > > > > Sorry guys but having moved to NY a few years ago I can tell you the > majority of this article is BS. > > > > There is no need for government involvement, I've never heard of a single > startup applying for government funding here in NY. > > > > There is also no need for anything but friends and family fi you are only > raising $250k Sorry Paul from Tap-To but if you cant convince people you > know to kick in $250k for matching funds.....then you have a bigger issue > with your startup, how small a runway will $250k actually get you anyway? > > > > The real issue in Australia (and inversely the reason why NY (and SF etc) > is hot at the moment is upstream buyout. > > > > Basically there are a ton of "upstream" media companies etc that are using > startups as "R&D", (eg Hearst/Yahoo/Facebook etc) so while this companies > raise $250k F&F then $1-3m in Series A....they are then greedily being > swallowed up by bigger companies eagerly and provide a decent return for > downstream founders to raise again on another startup. > > > > This is the real issue in Australia and no amount of government funding is > going to solve that, lets face it how many companies can Ninemsn etc > swallow? > > > > > > Regards, > > > > Dean Collins > Cognation Inc > d...@cognation.net > <javascript:>+1-212-203-4357 New York > > > -- -- 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 --- You received this message because you are subscribed to the Google Groups "Silicon Beach Australia" group. To unsubscribe from this group and stop receiving emails from it, send an email to silicon-beach-australia+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/groups/opt_out.
