Why the Silicon Valley Model Doesn’t Work in Japan beaconreports.net
posted by
banzaitokyo
|
8 years, 2 months ago
banzaitokyo
|
8 years, 2 months ago
Foreign entrepreneurs and investors who want to follow the Silicon Valley venture capital model in Japan can do so, but it will cost a fortune, raise tax risk, and might not work as expected. John Sasaki, a Silicon Valley lawyer based in Tokyo for the past 15 years, explains why.
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| #12822 by RamenRyan
| 8 years, 2 months ago
Japan's choice to focus on self-made/developed technology is the key factor here. The US outsources a lot which can often times be risky. If you work within your own company or business, you will always know what you are getting. I am no business expert but to me, the way Japan approaches things just makes more sense.
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