What do the Congo, Iraq, Uganda, Bangladesh have in common? Unlikely though it might seem, emerging markets are starting to attract the attention of investors seeking to find the next big thing. One of the arguments supporting this move is that solutions designed for a developing economy often leapfrog the technological/infrastructural conditions if not constraints of a more developed economy. (link)
"Startup entrepreneurship and investment is a famously risky business, and founders and VCs overwhelmingly prefer business-friendly countries. But as new investment spreads throughout the globe, countries known as dangerous and difficult places for startups have come into play. With the help of World Bank and Crunchbase data, we look at four unexpected places where startup funding is on the rise."
