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Australia Slips in Its Attractiveness to Start-Ups

Wednesday, 26 Aug 2015

Information Age

Sydney and Melbourne have slipped in their world rankings as hubs of start-up and entrepreneurial culture, as bottlenecks make the cities less attractive bases than they were three years ago.

The rankings, created by TechCrunch subsidiary CrunchBase and survey firm Compass, pegged Sydney at 16th of the world’s top 20 hubs – down from 12th in 2012 – while Melbourne crashed out of the top 20 altogether.

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