Spiegel Sohmer

Spiegel Sohmer is a firm of attorneys offering state-of-the-art expertise to a diversified business clientele seeking solutions that are innovative, concrete, and pragmatic. Our firm groups some forty five attorneys who concentrate principally within three broad specialties: business law (including Intellectual Property), tax law and litigation.  Spiegel Sohmer has extensive experience representing companies at all stages of their life cycle, from start up through to exit, and also represents a wide array of investors.
www.spiegelsohmer.com

National Bank

National Bank helps home-grown businesses expand by offering them personalized service and banking solutions adapted to their needs. We strive to develop integrated, diversified and innovative business solutions that will meet the needs of your business at every phase of its existence. We offer a full range of financial services to individual clients, SMEs and large companies. Whatever your sector of activity, our team of experts will be able to advise you and assist you with every stage of your business growth. www.bnc.ca

Why Australian Startups Need to Stop Moving to Silicon Valley, according to Adeo Ressi

Posted by Amity Sims on 2014-02-03

For the past couple of decades, technology startups have been largely associated with Silicon Valley. However, with FI chapters in over 66 locations around the world, it’s evident that entrepreneurs can successfully launch technology startups practically anywhere on Earth.

One notable ecosystem can be found in Australia, where entrepreneurship has been flourishing in recent years. In response to this massive growth, Founder Institute CEO, Adeo Ressi, has a message for Aussie Entrepreneurs: in lieu of packing up and moving to The Valley, appreciate what you have at home.

Why?

According to Adeo; 

First, you have a largely wired and untapped market back home, with generally favourable regulation, a rapidly expanding technology sector and big opportunities in the growing domestic healthcare, transportation, education and government markets.

Secondly, you have an extremely beneficial geographic advantage, having time zone alignment with, and being a short flight from, the world’s largest population (along with several of the world’s fastest-growing internet populations). Small markets can kill good companies and good, large markets can pull mediocre companies into greatness. Being so close to such a massive market is an absolutely huge competitive advantage.

Third, you would be hard pressed to find a faster-growing start-up ecosystem than Australia’s, and this is very important. A lot of people dismiss the notion of an ecosystem, portraying it as a “fluffy” word that doesn’t contribute to actual economic value. But one of the main reasons why Silicon Valley is a hotbed for innovation is the collaborative ecosystem and culture that exists here" - Adeo Ressi


Read the Adeo's full article on Business Review Weekly: Why Aussie start-ups shouldn’t move to Silicon Valley.

If you are looking to launch a company in Australia, then apply to the Founder Institute today. Applications are currently open in SydneyPerth, and Melbourne

 

Like this article?

   

Feedback Form

We welcome your feedback to improve the Institute. Please contact us using the form below, and we will get back to you promptly.
Your Email Address:
Message to the Institute:
What is ? (enter the answer below):
Close Window