Don't focus on startup funding: Spreets founder | ZDNet

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Focusing on funding could muddle the long-term goals of an otherwise healthy startup, according to Spreets founder Dean McEvoy. "When I was starting Booking Angel, I think chasing funding actually kind of f***** my business a bit," he said. From McEvoys perspective, with Australia being a historically difficult market within which to secure startup funding, tech entrepreneurs that have had their start here have often been uniquely resilient. "Australia is too small; were an unfortunate size," he said, highlighting the case of Israel, a smaller market in which most startups look to global business from the outset. Atlassian co-founder and co-CEO Mike Cannon-Brookes, who also spoke at the event, said that despite the Australian markets smaller size compared to the likes of California, the countrys startup sector is punching above its weight.

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