As I keep chiming in whenever YC and location come up - please seriously consider Australia&#x27;s East Coast. Like the valley, there is a big supply of world class universities and their graduates, and there&#x27;s also great weather and quality of life that keeps people from wanting to leave. What&#x27;s missing is an American style risk tolerance amongst the holders of capital. That&#x27;s changing, but it&#x27;s something YC could change even faster with an organisation like YCR.<p>Our government has historically underfunded research, and even more often one side funds it then the other gets into power and cuts it again. As a result, there are lots of ex-academics looking for more interesting ways of earning a living!