Exits are the number one ingredient for a startup ecosystem. If there’s no market for exits, there’s no investment. Silicon Valley has the best environment in

Exits are the number one ingredient for a startup ecosystem. If there’s no market for exits, there’s no investment. Silicon Valley has the best environment in the world-outside-of-China for exits. Large tech companies are frequent acquirers. Large companies in Malaysia, or Japan, or almost anywhere else, acquire rarely.