In the Australian state of Victoria in 2020, startup companies that have been operating for 10 years or more employed approximately 14,300 people. In comparison, younger startups, founded between 2016 and 2020, employed around 6,400 people. While older startups employed more people, the source indicates that younger startup companies created more jobs in 2020.
Employment in startup companies in Victoria, Australia in from 2018 to 2020, by company age
based on a study of 1,469 startups based in the Australian state of Victoria.
Supplementary notes
According to the source, startup refers to a company "founded in or after 2000 that is
designed to grow fast. This typically involves either developing tech or using tech to operate its business. In other words, these are venture-backable companies."
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Dealroom.co. (July 20, 2021). Employment in startup companies in Victoria, Australia in from 2018 to 2020, by company age [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1259028/australia-victorian-employment-creation-by-company-age/
Dealroom.co. "Employment in startup companies in Victoria, Australia in from 2018 to 2020, by company age." Chart. July 20, 2021. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1259028/australia-victorian-employment-creation-by-company-age/
Dealroom.co. (2021). Employment in startup companies in Victoria, Australia in from 2018 to 2020, by company age. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1259028/australia-victorian-employment-creation-by-company-age/
Dealroom.co. "Employment in Startup Companies in Victoria, Australia in from 2018 to 2020, by Company Age." Statista, Statista Inc., 20 Jul 2021, https://www.statista.com/statistics/1259028/australia-victorian-employment-creation-by-company-age/
Dealroom.co, Employment in startup companies in Victoria, Australia in from 2018 to 2020, by company age Statista, https://www.statista.com/statistics/1259028/australia-victorian-employment-creation-by-company-age/ (last visited November 18, 2024)
Employment in startup companies in Victoria, Australia in from 2018 to 2020, by company age [Graph], Dealroom.co, July 20, 2021. [Online]. Available: https://www.statista.com/statistics/1259028/australia-victorian-employment-creation-by-company-age/
