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Ask HN: What are the odds that a startup succeed in third world countries?
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3 points
by pal_25
3693 days ago
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Startups are really hard to start ,let alone making them succeed. However,in developing countries like Kenya,where most people are poor ,developers always find it hard to get started and show their ideas to the world.Some cant even afford basic tools like good laptops,ethical boundaries and corruption also play a role in giving incentives to budding programmes with no contacts of middle or established members of the society.The so called local investors also bite huge 'chunks' of the pitching candidate.What do you guys think,is it possible to change africa with startups the same way their goovernments puts it on their papers? |
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If you are thinking/planning a system or efforts to encourage and support the growth of local startups, be aware that if that system will be truly made with capitalistic goals instead of economical development it will ruin and eat up everything making the country in worst state than before, and it will make the good minds flee the country, and that's history, past and modern ...