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YouTube co-founder Steve Chen bets on Taiwan for next startup

Entrepreneur expects US video platform will cope with threat from rivals like TikTok

YouTube co-founder Steve Chen has returned to his native Taiwan, from where he is launching a new startup. (Source photos by Wataru Ito and AP) 

SINGAPORE -- YouTube's Taiwan-born co-founder is betting on the island for his next venture, lauding its abundance of tech talent to rival the U.S.

Steve Chen said in an interview that he planned to launch a global internet startup from Taiwan, where he has now moved. He said the island had plenty of "very high-quality engineers and product managers" even compared to Silicon Valley in the U.S., where he lived for 20 years.

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