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Tokyo is a paradise for living but a desert for doing a traditional startup (see below). On the other hand, Japan is the most viral place on earth. Hypergrowth
by paulsutter 12y ago
Tokyo is a paradise for living but a desert for doing a traditional startup (see below). On the other hand, Japan is the most viral place on earth. Hypergrowth companies here are based on viral marketing (any exceptions? Let me know).
If you're working on a viral marketing opportunity in Tokyo, please get in touch with me.
[Tokyo is a desert for traditions startups because:
- Exits are rare and at low multiples
- Funding is hard to get and include irrational terms, like personal guarantees.
- Customers prefer to buy from established companies
- Employees prefer to work for established companies]
Companies based on viral marketing can route around these problems. It's really a terrific place if you are ready for it.