Saturday, December 30, 2023

A look at Australia's maturing tech sector, which faces challenges like a shortage of late-stage capital and a scarcity of executives with scaling experience (Rebecca Bellan/TechCrunch)

Rebecca Bellan / TechCrunch:
A look at Australia's maturing tech sector, which faces challenges like a shortage of late-stage capital and a scarcity of executives with scaling experience  —  The country has punched above its weight on a global scale for years.  Can it attract the funding and talent, and become inclusive enough, to play at the top?



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...