New research released in November 2012, Silicon Beach: A study of the Australian Startup Ecosystem, shows that Australian tech startup companies are struggling to grow into successful, global companies and are more risk-averse than their U.S. equivalents.
The report is the first time Australian tech startups have been compared to those in other markets. Deloitte Private partnered with Pollenizer, Australian startup publication From Little Things and the global Startup Genome Project to compare more than 1,000 Australian tech startup companies to more than 50,000 companies being tracked worldwide. The research project aims to help startup founders, investors, policy makers and industry leaders understand what factors contribute to creating a healthy startup ecosystem.
Key findings: