Venture capital investment and syndication can positively impact the success of companies in Australia. Companies backed by venture capital tend to do better than those without it, and those receiving syndicated investments perform even better. Venture capitalists choose promising ventures and help them grow, leading to increased chances of success. The study looked at the lifecycle of Australian venture-backed companies, from formation to exit, and found that survival duration, investment growth, and syndication all contribute to the ventures' success.