Next Jump

New York Tech Meetup

Gay Tech Meetup

Latino Startup Alliance

Black Founders

Next Jump

Next Jump is the premier provider of internet-based next generation Rewards and Loyalty programs to corporations, affinity groups and institutions worldwide. Better ME + Better YOU = Better US.

Sheppard Mullin

Sheppard Mullin is a full service Global 100 firm handling corporate and technology matters, high stakes litigation and complex financial transactions. From our 15 offices in North America, Europe and Asia, we offer global solutions to our clients around the world, providing seamless representation in multiple jurisdictions.


Breather creates beautiful spaces so you can be productive. Download our app and make yourself at home. Find beautiful, private spaces that can be reserved for any length of time – a short 30 minute recharge or an entire day of productivity. It’s up to you.

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

Posted by Jonathan Greechan 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 100 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.


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?


* indicates required

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