ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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USA
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India
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Brazil
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UK
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Detailed explanation-1: -The United States is the leading country by the number of startups (71, 153). 7.1% of the startups in the world operate in the Fintech (Financial technology) industry.
Detailed explanation-2: -About 90% of startups fail. 10% of startups fail within the first year. Across all industries, startup failure rates seem to be close to the same. Failure is most common for startups during years two through five, with 70% falling into this category.
Detailed explanation-3: -Silicon Valley/Bay Area, California There is perhaps no more well-known startup city in the US than Silicon Valley. The Bay Area is the global epicenter for tech innovation and has been for decades. This area is home to some of the most iconic tech companies in the world, including Apple, Google, and Facebook.
Detailed explanation-4: -San Francisco, CA. There’s no surprise that San Francisco tops our list. New York, NY. New York is the second-largest startup ecosystem in the US. Los Angeles, CA. Boston, MA. Seattle, WA. Austin, TX. Chicago, IL. San Diego, CA. 04-Jan-2023