I think it is very possible to find Angel Investors in Australia - there are plenty of wealthy people who would like to invest both to diversify their portfolio and to be a part of something exciting. There are rich corporate, medical etc folk that have lots of money but have less in the way of job satisfaction, etc. Many enjoy being part of a high energy innovative start-up.
That being said, I think there are very few Angel Investors relative to the tech industry in Australia that can offer more than just their money, and general business mentoring per se ie, they can't offer relevant contacts, specific commercialisation experience, industry experience etc. Receiving "smart money" can make each dollar worth a lot more. In the Bay Area there are many many many people that have had success commercialising products and exiting businesses at a premium. This relevant experience combined with money is a powerful offering to the start-up! As many have mentioned however bootstrapping can also be a great path to successful business. It forces you into the coalface in many areas and forces you to gain commercial traction quickly. It is probably worth experiencing both routes at various stages of your entrepreneurial journey :) Kev in San Francisco for Techcrunch Disrupt. twitter.com/ke_ga -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Guidelines on discussion: http://tr.im/ujKF No lurkers! It is expected that you introduce yourself: http://tr.im/ujMm To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en
