17 Aug '12, 5am

Australia’s startup wunderkind @LachyGroom on the next big thing, tips for success, and building credibility

I think it’s very underestimated. I see a lot of people say that the US is the only option but the population in Asia is great and there’s such an opportunity to build large businesses. Also in Asia the technology adoption is very high, a lot of people have Internet, a lot of people have personal computers. Especially Singapore, it’s taking off as a startup hub. You’re seeing a lot of startup activity on the East coast of Australia and hopefully that would grow a lot more, definitely nothing compares to Silicon Valley but I’m seeing a lot of growth in Asia and I really do hope that it persists. I think Singapore has an advantage in how good the immigration system is whereas here in the US it’s terrible. If you’re an international developer you can’t make it to Silicon Valley you should go to Singapore or Australia. They’re doing well, but they still have a long way to go.

Full article: http://sgentrepreneurs.com/singapore-entrepreneurs/2012/0...

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