Sydney start up scene

Want a quick introduction to the Sydney start up scene ? 

It is a thriving ecosystem of budding entrepreneurs who are passionate about building great apps and businesses.

Andrew Everett went along to a talk from Riley Batchelor, General Manager of General Assembly, Australia. https://generalassemb.ly/sydney

Key takeaways:
1) Ecosystem of start ups is evolving, and building to the required critical mass to sustain and nurture start ups.

In the ecosystem there are

• Start ups
• Investors
• Co working spaces
• Meet ups and networking events

but there is a need for more....

• More activity
• More investment
• More government support and attention
• More talent

2) Investors, there are now a number of dedicated and focused investors in the start up community including

• Southern Cross  http://www.sxvp.com
• one ventures  http://www.one-ventures.com.au/
• starfish  http://www.starfishvc.com/
• yuuwa capital  http://yuuwa.com.au/
• blackbird  http://blackbird.vc/
• optus  http://optusinnov8seed.com.au
• sydney seed fund http://www.sydneyseedfund.com.au/
• black citrus  http://blackcitrus.com.au/
• Blue Chilli   http://www.bluechilli.com/

3) Angels

• Sydney Angels  http://www.sydneyangels.net.au/
• Innovation bay  http://www.innovationbay.com/
• Green Lane Digital  http://www.greenlanedigital.com.au/
• Australian investment network  http://www.australianinvestmentnetwork.com
• Family & Friends
• Rich relatives

4) Accelerators

• Pushstart  http://pushstart.com.au/
• Startmate  http://www.startmate.com.au/
• Founders institute  http://fi.co/
• Angel cube  http://www.angelcube.com/

5) Co Working spaces

• Fishburners  http://fishburners.org/
• vibewire  http://vibewire.org/
• Tankstream labs  http://www.tankstreamlabs.com/
• The workbench  http://theworkben.ch/
• The office space  http://theofficespace.com.au/
• hub australia  http://hubaustralia.com/
• start nest  http://www.startnest.com/

and Riley finished with his top ten tips for start ups

1. Start small and be lean
2. Know your tech
3. Tell everyone about your idea as soon as you can
4. Think about marketing before you write one line of code
5. Join the community
6. Be realistic, do it for the right reasons
7. Co work
8. Make something people want to buy, not what you want them to buy
9. Launch today
10. If your not ready to do a start up, then work at one.

Hope you find this useful and thanks to Riley for sharing.