Business
Why the big investment funds don’t support startup companies – The New Daily
Big super funds and investment houses have trillions of dollars to invest on behalf of Australians, but the money is not going to small startups.
Big superannuation funds and investment houses have trillions of dollars to invest on behalf of Australians, but the money is not going to startups.
That means Australia lacks innovative companies like Apple, Amazon and Google, which drive the US sharemarket and create jobs for a new generation of workers in the industries of tomorrow.
Getting the venture capital thing right is really important.
The chart below tells the story of companies that have come into existence through venture capital funding…
-
Noosa News14 hours agoMan dies in Brisbane crash, women and girl rushed to hospital
-
Business19 hours agoAre BHP shares are buy after its results?
-
General23 hours agoProductivity summit ends day two with progress on rules changes to boost housing supply
-
Noosa News20 hours agoChilling new details emerge in terrifying childcare centre incident in Peregian Springs on the Sunshine Coast