What we learned in China is that the larger the population, the greater the opportunity. All the reports in the Wechat groups Ivy is part of point toward country populations of over 100 million, ideally young, as points of high growth opportunity for startups. More customers, more problems, more competition for the best product, more money, more data.
This is how we designed our trip to the countries that were highly populated startup hubs like Ho Chi Minh, Jakarta, Cairo, etc. But Israel has a population of just over 8M and yet has produced unicorns like Fiverr, Waze, Viber, Wix, Payoneer, Compass, Lemonade, to name a few we’ve heard of.
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