The great Cape Town drought of the decade may largely be a thing of the past, but it’s not something that should be forgotten…
Interested in startups outside the Valley? Intuit just released this interesting infographic that breaks down the world’s top startup cities into eight key areas that distinguish them as major startup hubs: startup output, funding, performance, entrepreneurial mindset, trendsetting, support, talent, and differentiation.
Of course, topping the list is Silicon Valley, but just behind is Tel Aviv. But given major acquisitions like billion-dollar Waze, which sold recently to Google, clearly Israel’s second biggest city has got the gumption for startups.
In 17th, 18th, and 19th places you can see Singapore, Melbourne, and Bangalore, thus making a total of four from Asia. Among them, Singapore got the award for the hardest working of all entrepreneurs, grinding away at the coal-face a total of 11 hours per day. Singaporeans are trying hard for that 17th spot.
I’m a bit surprised that we aren’t seeing other cities in Asia, like Seoul or Beijing, which also churn out quite a number of startups. But overall, Tel Aviv, Singapore, Melbourne and Bangalore are, according to Intuit, churning out the biggest and most notable startups in Asia.
This article by Anh-Minh Do originally appeared on Tech in Asia, a Burn Media publishing partner.