Taiwan Turnaround: Going Global

In part 2 of the Taiwan Turnaround series looking at how Taiwan’s internet tech scene is catching up, TechNode talks to VCs, accelerators, and entrepreneurs about how they are helping Taiwan startups to go global. Next, in the series, we check in with some star players about the talent issue in Taiwan. Read Part 1, Part 3 and Part 4.

In a keynote speech in 2013, Dr. Kai Fu Lee, one of the most prominent figures in the internet sector to have come out of Taiwan, remarked that the island’s innovation industry was sick (in Chinese). He pointed to Taiwanese entrepreneurs’ lack of global mindset and said that tough medicine was needed.

Four years on, Taiwan is following the prescription. Private investments together with government initiatives and funding have been growing, and helping Taiwanese internet startups to go global is their top priority.

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