08 Mar '11, 7pm

Taiwan’s Tech Start-ups And Culture | Young Upstarts via @youngupstarts

Taiwan’s Tech Start-ups And Culture | Young Upstarts via @youngupstarts

used to be a very entrepreneurial place. If you look at all the word-class high-tech companies, such as Foxconn, TSMC and HTC, most of them were created in the past 30 years. But for a various reasons, in the last 10 years, people started to become less adventurous and fewer people would choose to start companies. For those who do start their own companies, especially Internet-based companies, most of them are just doing it out of passion and most are just trying to survive financially. Before appWorks, there weren’t any VCs backing Internet start-ups in Taiwan, and it almost never occurred to them that they would one day be competing with their global counterparts.

Full article: http://www.youngupstarts.com/2011/03/09/taiwan%e2%80%99s-...

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