3 ms·
Strong startup ecosystems are evolutionary but normally have a revolutionary beginning. SV isn't the most important venture market in the world because it's in
by ThomPete 8y ago
Strong startup ecosystems are evolutionary but normally have a revolutionary beginning.
SV isn't the most important venture market in the world because it's in California it's because it was central to a technological revolution which created alumni of expertise from taxation and legislation to access to talent to knowledge to people who focus on building companies, academia supporting building and access to money (accumulated from the success of the revolution)
You need something to kickstart that somewhere else, something that SV doesn't see and then be right there while the market grows. It's not obvious what that would be, maybe China because they are less affected by ethical considerations which can give them an advantage.
It's hard to see it happening in any significant shape and form.