Australian Start-Ups Lure Silicon Valley Money

http://www.nytimes.com/2015/05/30/b...start-ups-lure-silicon-valley-money.html?_r=0

“Hedge funds are getting on the plane early to invest in promising start-ups,” Mr. Drury said. “Venture capital funds have moved to later-stage investing, seeking to get liquidity faster.”

“U.S. V.C.s are willing to meet people wherever they are as they know opportunities are coming out of garages around the world,” Mr. Anear said.