Foosball, nerfballs but no Tesla cars

In attempting to explain to someone why our so many of our Australian startup entrepreneurs seem so destined not to succeed I eventually reverted to stating that;

“In Australia money is a religion but in the US it’s a God.”

The data? I have met US startup founders that would sell their left arm if that would secure success.

Conversely, when I wander into any Australian startup incubator I am always struck by the clubby harmlessness of the thing.

It’s almost as though our Gen Y operatives define success by just being there.

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