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Thanks for the link, but this confirms my initial suspicions. Japan's GDP is about 1/3 of the US, yet according to your link there was only $0.2 Billion of ven
by DevX101 16y ago
Thanks for the link, but this confirms my initial suspicions.
Japan's GDP is about 1/3 of the US, yet according to your link there was only $0.2 Billion of venture investment, as compared to $17.7 B in the U.S. That's roughly 1% of US venture Financing and wildly disproportionate!
There seems to be something holding back entrepreneurship, and I don't think its for lack of smart people.
- cdavid 16y agoAs usual, the US are the outliers, more than Japan :) I think venture financing in most European countries is closer to Japanese levels than US ones. One particularity in Japan, I don't know if that matters that much: working for a big company is still regarded as the quasi only way to get a career in Japan.