8. YCombinator Exit Valuations
Median : $8M
Mode: $2M
22% were over $20M
5% were $50M or under
Only 10% have exited
9. Acquisitions of Australian companies in the
last two years
Exit price Acquired by
Living Social $40M Firemint Electronic Arts
Chomp $50M Trunk.ly Delicious.com
Kidspot $50M Book.ish Overdrive
Spreets $40M Topguest ezRez
Grabble Walmart
10. Just how bad are we at Venture
Capital in Australia?
16. Tech Hub Formation
=
Oversupply of tech development skills
+
Local support from very successful startups
+
Links to major tech hubs
+
Vibrant venture capital scene
32. A Community VC Fund
• People selected on ability, skills, and
networking. NOT on ideas
• Crowdsource new ideas
• Form startups collaboratively
• Focus on what the acquirers are looking
for
• Collaborators share in the fund itself