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‘That money is gone’: International growth VCs abandon Australia
Mark Di StefanoColumnist
One of the heavyweights of the Silicon Valley debt ecosystem has warned that international growth venture firms have all but abandoned Australia, with growth funding for start-ups falling to a trickle.
The Australian managing director for Partners For Growth said the likes of Tiger Global Management and Softbank have been staging an epic retreat in tech investing, bringing an end to the frothy era of “free money”.
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