Peloton (PTON) - made in Taiwan

These are all nebulous ideas. The government does push on the startup stuff, they have opened umpteen accelerators and funds and taken people to CES and blah blah blah. Lots of people making a pretty penny off the fact that Taiwan has a lot of engineering talent but not many successful startups.

I think its getting better, but you need wholesale cultural changes. Its not something you can just click your finger and create. Too many people thinking can just replicate Silicon Valley culture in Taiwan.

Factually:

  1. Taiwan has a lot of engineering Talent
  2. Taiwan has a lot strong b2b companies
  3. Taiwan has pretty decent research institutions
  4. Taiwanese are well educated and many have studied abroad at good universities
  5. Taiwanese do well when they go abroad. So many Taiwanese leading in Shanghai, San Francisco etc And also leading creatively
  6. Taiwan has a lot of money. It does and Taiwanese have a lot of money

And so on and so on. Take Taiwanese out of Taiwan, and they kickass, but there is something about the working culture here that just sucks the soul out of people. Eventually it will click in Taiwan, but not overnight.

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