Allow us to fail: tech start-ups should have mining’s ‘no liability’ status, says investor Tony Surtees

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[1] During the TechLeaders conference in NSW, tech-sector investor Tony Surtees believed that the “no liability” corporate structure should not only remain in the mining industry but should also be experienced by tech startups.

[2] By doing so, Mr. Surtees says the strategy would welcome more aspiring entrepreneurs and investors in Australia.

[3] On the other hand, Gilbert & Tobin partner Peter Leonard reiterated that improving the Corporations Act is a more comprehensive resolution compared to enhancing the no liability structure.

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Source: http://www.theage.com.au/it-pro/business-it/allow-us-to-fail-tech-startups-should-have-minings-no-liability-status-says-investor-tony-surtees-20150224-13nl17.html