Just read an interesting article in the Australian Age http://www.theage.com.au regarding investment in Australia by US Venture Capital. The only VC I’m aware that has offices in Silicon Valley and Australia is Southern Cross run by John Scull, Larry Marshall & Tristen Langley.
One of the tenants of the article is that Start-ups don’t need to move to the US to succeed. My feeling on that one is that is true initially but in order to grow they will need to have office(s) in the US in order to access the market just like they always have. The other interesting note was the authors idea that many US start ups were over valued and therefore Australian start ups were more attractive. I don’t know if that is actually the case but in my experience the big hitters Sequia, DFJ, Kleiner Perkins etc., have always been willing to look at Australian companies as long as they have a disruptive idea and they are properly prepared and introduced. http://www.theage.com.au/technology/technology-news/aussie-tech-gold-rush-nothing-off-limits-20111103-1mwyn.html
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