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Only the US and China have substantial startup activity left; the rest of the world cannot really do startups.
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17 Nov 2025
Pieter Levels quoted
Their wordsI just realized the only 2 countries left with actual substantial startup activity now are literally only the US and China The rest of the world can't really do startups, doesn't have the funding, can't grow them and it's more like performative hobby projects for their governments Which might tell us where the future wealth will be concentrated in the world
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