Australia's startup ecosystem has transformed significantly by 2024, producing world-class technology companies like Canva and Afterpay, demonstrating an evolution towards global scale.
Despite perceptions of Australia as an underserved market, it ranks third in global liquidity from venture-backed M&A and IPOs over the past decade, showcasing its emergence.
Limited capital and geographical challenges once hindered Australian startups, but these factors have now become competitive advantages as the ecosystem matures and attracts global interest.
As global economic dynamics shift, sophisticated LPs are increasingly investing in Australia's startups, drawn by world-class liquidity and a thriving entrepreneurial environment that defies earlier reservations.
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