along with seven other startups<\/a>.<\/p>\n\u201cThe people that are setting up these companies in Australia are phenomenally talented \u2013 and I think some of them will do very very well,\u201d Yakutiel says.<\/p>\n
Sail officially launched in Sydney this week, but with a team of 10 developers based in Israel and a founder who has watched the market from afar and been in Australia just five years, the team have been watching the local startup ecosystem with interest.<\/p>\n
\u201cThere is a great paradigm shift in terms of the eagerness of people to be involved in startups [in Australia],\u201d Yakutiel says.<\/p>\n
\u201cBut I think there\u2019s a lot of work still to be done on the culture side. There\u2019s not the urge to go and do it like other countries.\u201d<\/p>\n
Yakutiel says the prospect of entering the world of business by taking control of a startup is \u201cstill not like a driving force like it is in Israel,\u201d where he says many young people exit studies or military service eager to get a stake in a brand new venture.<\/p>\n
\u201cI think there\u2019s still young people [in Australia] who come through the tertiary education system and into very comfortable jobs,\u201d he says, adding that this can make the startup scene a less attractive proposition.<\/p>\n
But there\u2019s always room for the ecosystem to grow, and all it might take is a few more homegrown successes.<\/p>\n
\u201cWith two or three more success stories of big companies going public and wealth being created for employees, that will help,\u201d he says.<\/p>\n","protected":false},"excerpt":{"rendered":"
Sail Funding founder Yanir Yakutiel The founder of fintech Sail Funding says he is \u201cvery, very lucky\u201d to have secured<\/p>\n","protected":false},"author":2,"featured_media":61550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/38730"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=38730"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/38730\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/61550"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=38730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=38730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=38730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}