That article is a light on details...
Anyone got any specifics on the logistics of moving to HK and setting up?
How's the money flow over there? VC/angel funding space?
Anyone got any specifics on the logistics of moving to HK and setting up?
How's the money flow over there? VC/angel funding space?
There has always been funding but investors don't usually add as much values as ones here do. The main reason could be these investors made their fortune from other non tech business like stock or real estate real estate. They are usually great business minded people but they may have a hard time advising tech startups.
One thing that is lacking are founders of successful companies that are investing in new ones, but it takes time to grow the ecosystem.