So, working theory: businesses reflect the capital structure of their ecosystems (like how animals evolve to fit their environments), and judging an ecosystem for not having enough startups is a bit like saying there aren’t enough polar bears in a tropical rainforest.
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Capital structures *and culture*
I read somewhere probably from daniel gross that California with the sunny optimism tends to create the social media startups we are familiar with
Whereas survival mode Israel tends to create startups heavy in security and defense
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Which leads me to wonder what kind of companies Singapore can uniquely produce due to culture?
I consider the govt/temasek linked types as a result of structure not culture
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Replying to
OBVIOUSLY real estate-based conglomerates. You haven't made it as a Crazy Rich Singaporean until you own a real estate adjacent subsidiary in your business empire!
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Good point
To be stubborn at this question
Other than the real estate based conglomerate and glc tlc?
What kind startups can no other place produce? The way that Israel uniquely produces defense focused and SV with social media
Thinking in terms of scenius
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