I find it funny how YC is focusing only on places where the majority of the world won’t or can’t easily work (US visa policy is atrocious and getting worse every year + raising xenophobia in recent times) and China isn’t an easy country to navigate if you don’t speak Mandarin, let alone succeed in as a foreigner (for a variety of reasons). Asia and Europe are big places as are Canada and Australia. Time to think broa…
2. The probability of Unicornism is directly related to the size of the market you can access. US is the biggest single market on the planet.
3. Accessibility of markets: While EU is the second largest single market [0] US companies have entered european markets just fine. On the other hand, to operate in china, it's best to be a chinese company. Hence, to fund growth on a global scale going native in china is an obvious move.
[0] https://en.wikipedia.org/w/index.php?title=List_of_countries...