Care for your dragon and it will care for you. Picture: HBO With all the focus in the local scene around getting startups off the ground with seed funding and other early stage investments, a gap is growing in the Australian landscape when it comes to later stage capital.
Currently, the venture capital investment is focusing on what's called the "valley of death", or that period between an idea's conception and a first major investment. This is the time in the startup's life where it bleeds money before real customers begin buying the product or using the service. And with that comes a 90% failure rate, hence the name.
Image: http://www.businessinsider.com
