Глобальный индекс экосистем стартапов 2022

2022 | StartupBlink View the Global Startup Map p. 88 Much of the growth potential of Chinese ecosystems has already been realized, and the current inward trend limits the ability of China to pursue other tech markets. Another critical challenge for China is managing friction between its successful founders and the state. Unlike in the West, where tech leaders have a free hand in achieving celebrity status and working on projects like sending spaceships to other planets, becoming a Chinese entrepreneur can come with restrictions. The usual failure rate of startups may be the same as in the West, while the ability to “celebrate” your success, if achieved, is limited. Not only that, but success might even put you on a direct collision course with the law, as the recent ANT Group IPO saga have shown. China’s ban on cryptocurrencies could turn out to be another example of a missed opportunity in a sector with the potential to become increasingly important globally, and where China has excelled in the past. A few years ago, Chinese corporations became increasingly active as successful players in the global consumer market, with Alibaba, Xiaomi, Huawei, and Tencent leading the way. TikTok, a popular B2C application, has also taken the world by storm. Restrictions imposed on some of these tech giants by Western economies have put pressure on those global companies and limited their growth. Chinese tech stocks valuations have taken a battering from both external and internal pressures. Lately, the Chinese government is sending positive signals of lessening restrictions on its startups and successful founders, which has the potential to mitigate some of this damage. China’s focus on self-reliance for strategic sectors, like the semiconductor industry, is also likely to result in the creation of massive, successful companies and a surge in funding. China’s most prominent unicorns are focused on automation & AI, along with a strong Hardware & IoT presence in the impressive Shenzhen startup ecosystem. It’s understandable why Chinese entrepreneurs choose to focus locally, considering the outstanding size of the national market. However, in the long run, China is the only country other than the US that can directly contend for global entrepreneurial leadership. To do that, China should aim internationally, and that can only be done by connecting to the global Internet and allowing Chinese entrepreneurs to flourish. Early stage Median round: $1.6M Medium and late stage Median round: $30.8M Startups Funding Share