[toast76]

I agree for the most part. I wrote a follow up post that goes into some of these issues as well. https://macropod.com/blog/funding-a-startup/

These things are hurdles, but there are hurdles everywhere you go. You trade lack of VCs here for more competition for VCs there. You trade lack of startup community here with higher dev payrates there. It's all trade offs.

Things like timezone, distance etc are only an issue if you're selling in the US only. Smart Aussie companies sell into the Europe and Asia as well.

The Aussie dollar is shit at the moment, so I don't agree with that. It's a great time to be selling in USD.

[solve]

> You trade lack of VCs here for more competition for VCs there.

No, some places are just vastly better than others for certain things. Everything doesn't always just balance out as if nature forces there to be a balance.

"Everything balances out so here is equal to there" is one of the biggest lies that small towns tell their ambitious people.

https://en.wikipedia.org/wiki/Just-world_hypothesis

[danieltillett]

The A$ has certainly improved in the last year, but we went through a sustained period of the massive overvaluation. I still think the A$ is too high given our cost base - it should be below 70c.

Of course it can be done (both of us are proof of this), it is just much harder than it should be. Australia could be such a great place to build a startup with just some relatively small cultural changes. I should get more involved to make this happen :)