Why Don T Investors Fund More Emerging Market Startups
A new study released by the Global Accelerator Learning Initiative (GALI) — tells us that there’s another reason. Here’s what GALI found when they looked at 2,400 entrepreneurs in emerging markets: They have the same or higher levels of education as entrepreneurs in “high-income” countriesThey report higher revenues and more full-time employees as their high-income country peersThey have founded significantly more companies on averageThey invest similar amount of their own money in their companiesThey do just as well coming out of accelerator programs, even improving their ability to raise debt funding by 10 times as much as high-income country entrepreneurs...