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by jsankey 4022 days ago
Unfortunately the investment culture in Australia is a lot more risk averse. There are exceptions, but raising money for new tech here is much harder than it should be given the relative strength of our economy.

For bootstrapped companies of course this is less of an issue, the high cost of living and small local market are more of a problem. The beauty of software, though, is we can sell online into the large (and culturally-similar-enough) US market, which is where most of my customers have always been.

1 comments

Yes the key to success in Australia is bootstrap and export. Now the dollar has come down from its ludicrous level to just somewhat over valued this is more viable. I do still miss the days when I got A$2 for ever US$ though, but it is better than in 2012 when I was getting A$0.90 for every US$.