Some might say that Silicon Valley is suffering from an overdose of the culture of "move fast and break things" and the fear of missing out, leading to plunges in startup valuations, layoffs and the collapses of FTX and Silicon Valley Bank. Japan, though, has clearly embraced too little of this culture.
In Silicon Valley, ten funded teams seem to be at work on every good idea. According to insiders, the reverse is likely true in Japan: If there even are ten promising startup opportunities, with luck an investor might find a single Japanese team pursuing one of them.
In this Nikkei Asia article, Capital Markets partner Benjamin Qiu discusses the lack of foreign venture capital investors in Japan as compared to countries like the United States and China, and potential ways in which Japan can attract more investors.
[The opinions expressed in this article are the author’s and do not necessarily reflect the views of Loeb & Loeb LLP or its clients. The information included here is not intended to be and should not be taken as legal advice.]
To read the full article please visit Nikkei Asia’s website (subscription required).
In Silicon Valley, ten funded teams seem to be at work on every good idea. According to insiders, the reverse is likely true in Japan: If there even are ten promising startup opportunities, with luck an investor might find a single Japanese team pursuing one of them.
In this Nikkei Asia article, Capital Markets partner Benjamin Qiu discusses the lack of foreign venture capital investors in Japan as compared to countries like the United States and China, and potential ways in which Japan can attract more investors.
To read the full article please visit Nikkei Asia’s website (subscription required).
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