[jackgolding]

In my small experience researching banking before this big VC boom in SF (I wanted to work in VC) I don't think chasing sustainable small wins is the name of the game (see traditional VC companies like bio-med.)

I wonder how much of getting VC money is just wanted to be in SF where all the customers are (if you are selling to startups anyway/tech b2b anyway) and pissing it all away on rent?

I think the biggest thing the Government can do in Australia anyway to help these smaller wins is promote VCs to invest in companies outside Sydney and Melbourne. You could do this by providing fibre, airports, easier local gov tender process...