![](https://www.forbes.com.au/wp-content/uploads/2023/02/VC-chart_SVB_2023Feb.jpg?w=1600)
Despite startup downturn, Australia is a growing light on global stage
In the face of a downturn, the opportunity lies in new company creation and early-stage companies.
In the face of a downturn, the opportunity lies in new company creation and early-stage companies.