Australia and New Zealand are facing the same challenges as the rest of tech: valuations have come back down, early-stage funding is up, and investors want their businesses to focus on sustainable long-term growth and a clear path to revenue.
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But with Australia and New Zealand being isolated from the rest of the world, it creates a sense of urgency around building a global product. After all, “doing more with less isn’t a challenge — it’s the norm,” writes TechCrunch’s Rebecca Bellan.
Check out what Aussie and Kiwi investors think about venture capital in those regions today.
Thanks for reading,
In Australia and New Zealand, a venture downturn isn’t the end. It’s time to shine.
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Dear Sophie,
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Ask Sophie: I work at OpenAI on an H-1B. How can I explore immigration independence?
