TOKYO/MANILA -- In Asia, entrepreneurs can "think about creating startups that are global from day one," said Ernestine Fu, venture partner at the Alsop Louie Partners. "[That] is not possible in Silicon Valley."
One reason for this is that some problems that startups aim to solve are common to the region. A business model or product that addresses such a challenge has a large, ready-made market at hand, potentially creating the next Asian unicorn.
