A brief synopsis of the results of the Startup Genome project of 2012

1. This presentation is made possible by the support of the American People through the United States Agency
for International Development (USAID). The contents of this presentation are the sole responsibility of Rick
Rasmussen and do not necessarily reflect the views of USAID or the United States Government.
Global Startup Ecosystems
The Startup Genome

2. Started as an academic
project
An attempt to identify
and rank the top
entrepreneurial
economies in the world

3. Startup Genome Rankings

5. Ecosystem Metrics
#1 Silicon Valley

6. Identifies total funding
as late stage

7. Diversified Funding Sources

9. #2

10. #3

11. #4

12. #5

13. #6

14. #7

15. #9

16. #1
0

17. #11

18. #13

19. #14

20. #15

21. #16

22. #17

23. #18

24. Top 20 – A Global Distribution
• 6 US cities, all in top 10
• 3 Canadian cities
9 total from North America
• 3 cities in Europe
– Plus Tel Aviv and Moscow
• 2 in Asia
– Bangalore and Singapore.
– None in China (yet)
• 2 in Latin America

25. Lessons extracted
• All ecosystems are different
• Measurement allows identification of strengths and
weaknesses
• Global ecosystems can be improved through
community involvement

26. Challenges operating on a global stage
• You’re competing with other ecosystems in other
countries
• Limited resources within your own country
– Customers
– Strategic Partnerships
– Service Providers
– Funding
• Local market is much different than global markets
• Entering a new market is just like doing a brand
new startup..!