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Why I joined Cathay Innovation

I am an optimist. The mantra that startups can “change the world” (for the better) has long motivated entrepreneurs and investors. What’s most exciting is from where this change is coming from.

While the global technology industry has been historically concentrated in one place — Silicon Valley — it is increasingly coming from everywhere. Remarkably, nearly 60% of unicorns have now come from outside the United States (and many of those from outside Silicon Valley!). This will likely increase further — Startupgenome estimates there are already nearly 500 startup hubs worldwide.