Why we should celebrate the unsung heroes of the Aussie tech scene
Successful start-up exits deliver rich returns to investors and create wealth for founders and some employees, and hopefully get recycled back into the sector.
Australia has not always had a great start-up record. However, the tide is turning, and the number of start-ups has dramatically grown in the past few years and continues to do so.
In Victoria, where I am chairman of start-up agency LaunchVic, the number of start-ups operating has jumped from around 1000 in 2016 to more than 3400 today, and the number of jobs the sector is employing is well over 55,000.
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Leigh Jasper is a technology entrepreneur and investor. He is currently co-CEO of Firmable and Saniel Ventures, and the chairman of LaunchVic. He was the co-founder of Aconex, which was acquired by Oracle for $1.6 billion in 2018.
