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As someone in the middle of seeking seed funding for an app, I have found it VERY difficult at the moment to get funding here in Australia.

Everyone we’ve spoken to, seems to want the risk profile of a bank deposit, with the return profile of a start-up.

Until the funding market in Australia matures (like in the US or Israel), crowd funding options will continue to play a part in this space.

Whether that’s good or bad is debatable.