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Aussie start-ups are fleeing abroad, lured by Silicon Valley, which is undoubtedly the best place to nurture a tech business. That said, all is not lost in Australia and you just need to look a little harder for the support and success stories. 

Barkles App closes its doors and poof, another start-up goes up in smoke! It’s no shock with the number of businesses failing in Australia up by 57 percent.  And when you consider startups in Australia have also fallen by 95 percent in the last 12 months it’s a scary scene right now.

To make matters worse businesses going into bankruptcy are also up by 48 percent! It is clear it is not just tech businesses struggling to get going in Australia either, the bricks and mortar businesses are choking as well.

To read the full, original article click on this link: The seductive qualities of Silicon Valley | Dynamic Business – Small Business Advice – Forums | Dynamic Business Australia