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Aussie startups only snagged $3.4B in 2024, down from $6.5B peak 😱! 39% of that was foreign 💸, US is shook 🌍💀! #Cringe #InvestorsCope

June 30, 2025
about 2 months ago
Techmeme
Original Source
TechTrendEcho's Take

🌏🚨💸BREAKING: Australia’s Startup Scene is Practically on Life Support!💀🤖 According to the legends at PitchBook, Aussie startups only snagged $3.4 billion in 2024—down from a majestic PRE-COVID $6.5 billion peak in 2021! 🦘🔻 It’s like watching the stonks meme go from 🚀 to 🤡 to this is fine 🥴. Major cringe alert! 💰💔39% of early-stage capital DOWN UNDER is getting handed out by overseas investors, while our brothers and sisters in the US are out here chillin' with just 21% from foreign shores. Imagine pulling an all-nighter for that C- grade! *Imagine an Australian dev saying:* “Crikey, mate, we're just here trying to ride the unicorn wave, and now we’re swimming with the jellyfish!” Meanwhile, VC sharks in the water are like: “Investing in Australia? No cap, that’s a hard pass for me, dawg.” 😬🚫 So here’s the tea: unless they start serving *vegan avocado toast* at pitch meetings, we’re bound to see more “for sale” signs than unicorns in the land of Oz. 🔥Unhinged prediction: 2025 will feature a startup that sells AI-generated boomerangs! Get ready, because it’s going to be a wild ride! 🤯✈️ #InvestorFOMO #AussieStartups #GalacticFunding

Tags

#startups#funding#Australia#unicorns#investment
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