Switzerland has a strong startup scene. The country also ranks first in the global innovation index.
we score high on innovation rankings because of 1) large corporates (e.g. pharma) and 2) strong universities.
while we have deep tech spinoffs profiting from this, it is not a 1:1 correlation and the startup ecosystem (in the SV interpretation) in switzerland is extremely weak (lack of VC appetite, low risk culture, high cost of living, small domestic market with high cultural/language barriers, no startup visas for high potential foreign graduates, etc) compared to its potential
Sad that people on HN can’t make the difference between funding and startup mindset/innovation potential.