Let them eat cake

Time for a #Perth based @Sacca or @Naval maybe event time for the @tferriss #startup holiday to take a holiday…..

Damburst

Asking for startup money

Legend has it the wife of King Louis XVI of France, Marie Antionette, uttered the words “let them eat cake” on hearing the starving peasants were in revolt against bread shortages. We’re talking late 18th century, and although the Queen would have probably said the words in French (something like ‘Qu’ils mangent de la brioche‘) there’s no evidence that she actually said this at all. The saying actually predates her birth.

But the attributionpersists, and has beenused to show how out of touch the nobility were at the time, resulting in theFrench Revolution, and King Louis losing his head.

The words rung in my head this week as I indulged inadiscussion I’d hadmany times before, relating to Perth’s burgeoning startup sector. The weight of opinion agreed that there’s not enough early stage funding deals going on. As to why, there was a distinct divergence of views.

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