Amid a venture downturn in Australia and New Zealand, entrepreneurs are finding opportunities to shine. Australian investors believe that capital limitations are driving founders to new heights of creativity. Australian design startup Canva is attracting attention from top VCs and mutual funds, being the focus of Goldman Sachs' wooing at its annual private investor conference in Las Vegas. According to Craig Blair, Aussie and Kiwi entrepreneurs are among the most capital-efficient producers of unicorns in the world, with capital efficiency being rewarded over growth at all costs in the current market.
"Capital efficiency is being rewarded now vs growth at all costs in the bull market. The bright spot is that Aussie and Kiwi entrepreneurs are among the most capital-efficient producers of unicorns in the world," says @craigRblair 🔗: https://t.co/g9fSa2KxR3
Australian design startup Canva was the central focus of Goldman Sachs’ wooing at its annual private investor conference in Las Vegas, where top VCs and mutual funds hatched deals with startups. https://t.co/ypBjcz0nk3 By @coryweinberg
https://t.co/h0rPOniv6Z Australian investors say capital limitations push founders to ‘new heights of creativity'
https://t.co/WtnXrBVJkl In Australia and New Zealand, a venture downturn isn’t the end — It’s time to shine @TechCrunchPlus @TechCrunch
In Australia and New Zealand, a venture downturn isn’t the end. It’s time to shine.: https://t.co/yvghr60fTr by TechCrunch #infosec #cybersecurity #technology #news
In Australia and New Zealand, a venture downturn isn’t the end. It’s time to shine. https://t.co/COku1TAg3Q by @rebeccabellan