Australian VC is too beholden to superannuation funds, and too risk averse.
And web3 will pay the price
Australian Venture Capital, backed by superannuation funds and hampered by a cultural resistance to risk, sits in an uncomfortable grey area between disruption and the status quo. Today’s venture capital industry is characterized by the conflict between risk aversion and the pressure of risk-enabled returns. This is an unusual dynamic for a fast-paced a…
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