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I guess the premise of the parent comment is that China, at least in the tech sector, is considered as "developed" as the US. If that assumption holds true, wha
by fredliu 8y ago
I guess the premise of the parent comment is that China, at least in the tech sector, is considered as "developed" as the US. If that assumption holds true, what the parent comment isn't far off. But that's an assumption that may or may not be true, depending on who you ask at least.
- sf_rob 8y agoSure, that's reasonable. I guess my point was there are likely better naive correlates for amount of startup funding than population. Perhaps number of STEM or college educated adults, perhaps levels of general economic growth, perhaps GDP, perhaps levels of business freedom, perhaps population (I'm not ruling it out). Also Nigeria was a particularly bad example because they're developing spectacularly well, should have picked a large population country with a poor business climate.