Home featured Featured Let's Talk Featured Let’s Talk: Startup Ecosystem Gali Blacher October 29, 2018 When it comes to the startup space- Australians often look to Countries such as America, India and Israel for inspiration. Some Experts say that Australian entrepreneurs need to learn how to take more risks like those in the Silicon Valley and be more innovative with technology like those in Israel. Dynamic Business asked experts what qualities Australia should seek to embrace from overseas startup ecosystems? Sam Riley, CEO and Co-Founder, Ansarada: Ansarada has helped startups across multiple industries and regions undertake material events and become global businesses, and through this, we’ve gleaned a lot about the attributes for success. Australia’s startup scene has exploded on the global stage in recent years, with investors around the world paying attention to the innovation being developed on our shores. Our data actually shows US interest in Australian companies has almost doubled over the past two quarters. We’ve got some great ideas coming out of local startups, but we have a lot to learn about being bolder from day one and strengthening the ecosystem so it’s less risk-averse and thrives. Australian startups can learn from counterparts in Silicon Valley and Israel to mature the financing ecosystem for high growth startups and realising importance of growth in the early years. Visa restrictions have also put a major dent in the size and maturity of our talent pool. We must embrace visa programs that attract talent to grow the startup community.

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