Startups: Silicon Valley Vs. The Emerging World

Being from Jordan and having visited Silicon Valley on a number of occasions, this visit (along with others) continue to show how the realities of the Valley stand in stark contrast with what an emerging world founder, particularly in the Middle East and North Africa, face to start and scale a Web business. I believe the lack of a well-developed ecosystem (funding, mentoring, risk culture, lawyers, human resources) puts the burden tenfold on the entrepreneur in the emerging world. In many cases, foreign entrepreneurs have to do ten times the lifting of an American startup -- for a much longer period of time to boot -- in order to succeed.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/Qeehr3JHXI8/

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