Dear Dr. Fujita,
thank you for your stimulating presentation dealing with the characteristics of the relationship between “unicorns”, ie startup companies with value over $ 1 billion, and venture capitals in the industry and business ecosystem capable to support the growing of startup companies.
With reference to the aspect of diffusion of investment among countries, my question is: what is the reason why, in your analysis, European countries (including the large ones like Germany, UK, France and Italy) are not so “active” as one would expect? Is it because of the type of unicorn list you used for the analysis or is there any other reason?
Thank you!
Dear Prof. Alessandra Caggiano
Thank you for your comment.
We analyzed the unicorn list provided by CB Insight, a US research information service provider.
Therefore, there might be some posibility of bias on USA.
In the meantime, in the case of Japan, for example, there are only a few Japanese unicorns on the list, while in reality there are only a few unicorns in Japan as same as in the list.
So the number of unicorns listed on CB Insitght doesn’t seem to be that far from reality, while frankly, I’m not sure if the number of European unicorns is same as in the list.
Thank you for your attention!!!
Masanori Fujita
Dear Dr. Fujita,
thank you for your stimulating presentation dealing with the characteristics of the relationship between “unicorns”, ie startup companies with value over $ 1 billion, and venture capitals in the industry and business ecosystem capable to support the growing of startup companies.
With reference to the aspect of diffusion of investment among countries, my question is: what is the reason why, in your analysis, European countries (including the large ones like Germany, UK, France and Italy) are not so “active” as one would expect? Is it because of the type of unicorn list you used for the analysis or is there any other reason?
Thank you!
Dear Prof. Alessandra Caggiano
Thank you for your comment.
We analyzed the unicorn list provided by CB Insight, a US research information service provider.
Therefore, there might be some posibility of bias on USA.
In the meantime, in the case of Japan, for example, there are only a few Japanese unicorns on the list, while in reality there are only a few unicorns in Japan as same as in the list.
So the number of unicorns listed on CB Insitght doesn’t seem to be that far from reality, while frankly, I’m not sure if the number of European unicorns is same as in the list.
Thank you for your attention!!!
Masanori Fujita
Thank you so much for your detailed answer!