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  • So your investor just signed a check for $500,000 for your startup.

  • What's next?

  • Time to calculate your runway. The time that you can sustain

  • your business idea without bringing in a dime of income.

  • So where should you set up shop?

  • Well let's see. There is Silicon Valley, the epicenter of the tech universe right?

  • Sure, you can take the money, hire your team, get a cool but affordable co-working space

  • and let's say that gives you six months until you need to knock on the door asking for more money.

  • But wait, what if I take my startup here to Singapore?

  • I could extend that runway to nine months.

  • Costs are not as high as San Francisco's.

  • And that gives me a little more breathing room to make my idea profitable.

  • Wait a minute. What about a place like Bali?

  • Now I've got like at least two years.

  • And a beach, and yoga, and monkeys.

  • But how can I build my business on a random island in Indonesia?

  • Simple, your developer is in the Philippines,

  • your designer's in Germany and your salesperson is in Canada.

  • You've all got laptops and Dropbox and Skype and Slack.

  • The world is going global.

  • Some people are building their businesses from their laptops

  • in co-working spaces like this where costs are just much cheaper.

  • But there's just one catch.

  • No shoes allowed.

  • Rent a desk in a co-working space in San Francisco?

  • That'll cost about $500 per month.

  • You want to rent a desk in Bali?

  • That'll cost you around $200 per month.

  • Your morning cup of coffee in San Francisco? $5.

  • And your morning coconut in Bali, $1.50.

  • Not to mention the commute.

  • The average commute time for someone in San Francisco is nearly one hour a day.

  • Compare that to a motorbike ride here, easily about 10 minutes.

  • Let's take a look at two entrepreneurs proving this shift.

  • MQ Wong and Tony Xang got their PhDs from Stanford and then

  • started a drone camera robotics company and they didn't stay in California.

  • They moved to Beijing, while their startup Zero Zero Robotics also now has an office in San Francisco

  • its headquarters are in Beijing, with more offices in Shenzhen and Hangzhou.

  • The drone they developed is still sold and marketed around the world,

  • and they even just signed a deal to sell at Apple stores.

  • A few years ago they would have probably stayed in Silicon Valley to launch their company.

  • Not today.

  • San Francisco's housing costs have been skyrocketing since the tech boom.

  • Meanwhile President Trump's causing uncertainty over immigration and the H-1B visa

  • which Silicon Valley is hugely dependent on to bring top talent from overseas

  • and now successful startups are rising around the globe.

  • The number of international unicorns are increasing rapidly.

  • Just a few years ago only 30 percent were located outside the U.S.

  • By 2014, it was 37 percent.

  • In 2015, it went up to 53 percent.

  • And last year it stood at 58 percent.

  • In fact, half of the top 10 unicorns are outside the U.S., they're in China.

  • But hold up, there's still a number of reasons people will argue that Silicon Valley is supreme.

  • You can't replicate Hollywood overnight, if at all.

  • For one there's the culture.

  • Silicon Valley's innovative spirit is what makes it successful and somewhat

  • ironically it's the 'OK to fail' attitude that attracts risk takers.

  • Also talent. If you want to work with people in person it's a lot harder to find

  • serial entrepreneurs or user acquisition leads with a lot of experience on remote islands.

  • The majority of global venture funding is still happening in Silicon Valley but

  • there was a 28 percent drop in total funding in the valley in 2016, compared to the previous year.

  • Some may still argue, location, location, location, but times are changing.

  • With the rise of global digital nomads, well, it's a working man's paradise.

So your investor just signed a check for $500,000 for your startup.

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スタートアップがシリコンバレーを離れる理由とは?| CNBCが解説 (Why are startups leaving Silicon Valley? | CNBC Explains)

  • 57 10
    PENG に公開 2021 年 01 月 14 日
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