I have a lateral question about Singapore. Everything I have read about the country says that it is one of the best in the world for business and, in particular, startups. Yet some of the commentary here leads me to believe there's a dark side to the reality of this nation. Anyone with first hand knowledge care to comment on this? I am puzzled because it so happens we might have to do some business in Singapore and a…
* Many overseas educated locals helping with cultural cross pollination
* Locals often live with their parents until their late twenties (when they get married), so there are a lot of young people with low personal burn rates
* Lots of government funding and plenty of private capital around as well
* A good amount of big tech companies have offices here
* Major finance hub
* Very business friendly regulations
* Cost of living is reasonably scalable (meaning you can slum it out here or live like a king, depending on your success)
* Good access to Indonesia, Vietnam etc. for talent
* Thriving e-commerce ecosystem in Southeast Asia
* Decent meet up ecosystem
con:
* Rent is expensive (both residential and office space)
* Foreigner visas are not always easy to come by
I might add more later in a separate comment if i can think of more.