TC+ Roundup: The venture downturn isn’t the end for Australia and New Zealand | TechCrunch
Australia and New Zealand are facing the same challenges as the rest of tech: valuations have come back down, early-stage funding is up, and investors want their businesses to focus on sustainable long-term growth and a clear path to revenue.
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But with Australia and New Zealand being isolated from the rest of the world, it creates a sense of urgency around building a global product. After all, “doing more with less isn’t a challenge — it’s the norm,” writes TechCrunch’s Rebecca Bellan.
Check out what Aussie and Kiwi investors think about venture capital in those regions today.
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Ask Sophie: I work at OpenAI on an H-1B. How can I explore immigration independence?
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Dear Sophie,
I signed the OpenAI letter threatening to leave unless the board resigns. I’m an AI engineer on H-1B. I went through PERM and my EB-3 I-140 got approved. However, my priority date isn’t current yet. If Altman isn’t able to return, how can I stay in the U.S. and start exploring new opportunities at AI startups?
— Emboldened Employee
