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Comment on Ask HN: What is necessary for a startup ecosystem to thrive?

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There's a recent discussion about how the Malaysian government wants to become a venture capitalist:

https://news.ycombinator.com/item?id=21165161

I think the creation of a startup ecosystem requires doing many things, including most of what you've just mentioned. In the case of Malaysia, many people are naturally skeptical, since the government doesn't have a good track record, c.f. the 1MDB scandal. I hope the government(s) you have to deal with is/are better than that.

On the other hand, governments are facing what Clifton calls a "jobs war" (see JSeymourATL's recommendation: https://news.ycombinator.com/item?id=21180883), and many governments have programs that gives grants to small businesses. It's seen as an effort by governments to create jobs, so if you frame the creation of a startup ecosystem that way, you're more likely to create buy-in from the government.

@morningseagulls - Hat-Tip for the mention, thanks!

You're welcome. I wish HN has a feature to notify users of mentions: I'm surprised you saw my mention.

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