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Ask HN: If you could start a start-up anywhere in the world

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Re: Ask HN: If you could start a start-up anywhere in the world

#32
post #8

Hacker News, Quora, etc are supportive of entrepreneurship - that is your support and mentorship network. Incorporate in a low-tax low-regulation business-friendly jurisdiction like Singapore, bank in stable country like Switzerland and live/work wherever you like. Consider the 5 flags-theory for web-based business: http://en.wikipedia.org/wiki/Perpetual_traveler

Singapore is low regulation, but law heavy. While businesses generally have the freedom to do a lot, the people that work for the business do not.

As long as you plan on being a perfectly law abiding citizen (or resident), Singapore is a great place. But once you have a crime on you record--including something as simple as jaywalking--it stops being such a great place.

Re: Ask HN: If you could start a start-up anywhere in the world

#35
post #4

I'm betting on Canada now. Beats Russland hands down.

Vancouver is a great place for sushi and it has a handful of good coffee spots. But that's pretty much it as far as its relevance to the startups is concerned. Beats Russland hands down, true, but that's an easy feat.

Vancouver sure, but you should check out the startup scene in Montreal. Lots of cool things going on.

Re: Ask HN: If you could start a start-up anywhere in the world

#36
post #8

Hacker News, Quora, etc are supportive of entrepreneurship - that is your support and mentorship network. Incorporate in a low-tax low-regulation business-friendly jurisdiction like Singapore, bank in stable country like Switzerland and live/work wherever you like. Consider the 5 flags-theory for web-based business: http://en.wikipedia.org/wiki/Perpetual_traveler

Singapore is low regulation, but law heavy. While businesses generally have the freedom to do a lot, the people that work for the business do not. As long as you plan on being a perfectly law abiding citizen (or resident), Singapore is a great place. But once you have a crime on you record--including something as simple as jaywalking--it stops being such a great place.

Also, I'm under the impression that Singapore's not all that gay friendly, which is something that matters to me as a gay guy.

Re: Ask HN: If you could start a start-up anywhere in the world

#39
post #29
post #23

Earlier quoted context omitted.

In Africa, I would consider Kenya: good internet speeds, Ghana: booming local economy, Nigeria: lots of entrepreneurial spirit, Angola: 4G network

What about South Africa? Well-developed legal system 4G network and high speed internet Existing support structures, especially for funding And one of the most beautiful cities with plenty of sun & sand in Cape Town.

I've never been to SA, but from what I've read, the high crime rate is a bit deterring.

Re: Ask HN: If you could start a start-up anywhere in the world

#40
post #8

Hacker News, Quora, etc are supportive of entrepreneurship - that is your support and mentorship network. Incorporate in a low-tax low-regulation business-friendly jurisdiction like Singapore, bank in stable country like Switzerland and live/work wherever you like. Consider the 5 flags-theory for web-based business: http://en.wikipedia.org/wiki/Perpetual_traveler

Nice in theory, hard in practice. Especially if you're doing a startup and not a lifestyle or small business. Edit: Ridiculous how people downvote. I've researched this area more than most and the flags theory just doesn't fit most startups as the core concept is having your tax residence and company in different countries. The only case I know of where it did or could have worked is Skype.

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