Taiwan’s on the startup map, but needs tough love part 1

Taiwan is emerging as one of the new startup ecosystems in Asia. With more and more entrepreneurs starting new companies and an exit last year internationally Taiwan now grows as a startup ecosystem. Mr. Volker Heistermann, Managing Director of Yushan Ventures shared with e27 it is impressive that now compared to 4 years ago there is much more vibrancy and depth of programs that are brought in from Silicon Valley. He mentioned that the ecosystem was created in a very short time and that Taiwan is now zoning into Taiwan’s Strength Hardware.

However, Mr. Volker Heistermann points the fundamental awareness and understanding of the core elementsrequrired to launch a venture-backed startup is still lacking. He emphasized that the right tools are still not available in Taiwan. Taiwan needs the expertise in business development, financing and company building.

For more information please read the full article on e27