| The Forbes article says that, but provides no data or evidence. The actual source for the Business Insider link appears to be this: http://blog.compass.co/the-2015-global-startup-ecosystem-ran... For the 2015 report, they completely removed the "startups per capita" variable because they decided after lots of discussion with investors/etc that it was a worthless figure. Because of that, it doesn't really seem to make sense for you to push it as evidence that Israel is a good place for startups. Additionally, they do not have data for China, Taiwan, Japan, and South Korea, of which they expected Beijing to probably surpass Israel in ranking. This would definitely be the case if combined with Shanghai. As the comments also point out, they are missing a lot of other cities. The data for this ranking seems to be done through surveys. They don't provide any information about this survey process, and because of that I have to think that it isn't providing very accurate results. There's also no definition of what a "startup" is. If I had to guess, it's any business using their tools. Because of this, it might make more sense to say "Israel has more users of Compass tools than any other country, per capita". This 2015 report also apparently ranks based on dating going back to 2011. If you look at 2015 data alone, Israel is definitely not the top outside the US. Berlin beats it in every category. Lastly, "It is typically regarded as the largest startup hub outside the US" is vague and doesn't really seem to be true. Largest by what standard? Because by any standard I can see, other than perhaps Compass users per capita, it is far from the largest. In regards to "There are also more investment dollars per capita" this data also appears to be questionable. The link describes "investment dollars" without any qualifier for Israel, but cites a number for the US ($60 billion) that is specifically only investment from venture capital. If you look at "investment dollars" in general for startups in the US, the number is over $100 billion. The source is also one that focuses specifically on Israel, so their data gathering is possibly much more deep than the reports coming out of the US. This is one of the cases again where "per capita" doesn't really seem to mean much. |
Where is the data supporting the statement "Berlin beats it in every category"?
Obviously Beijing has huge market opportunities that companies in other countries can only dream on. They will probably get to #2 in the near future, but I doubt that they are there yet. Otherwise, I can't explain the (relatively) small number of internet companies making a global impact coming out of China, nor can I explain how someone like Lee Ka-Shing (Horizons Ventures), born in China and living in Hong-Kong would make 24 investments in Israeli startups and just 1 in a Chinese startup. [1]
[1] http://horizonsventures.com/portfolio/