Global Markets
Asian Founders Flee to the US as Region Suffers Venture Funding Slump
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Many Asian tech companies are relocating to the US due to its large customer base and easy access to capital. Yoevan Khemlani, founder of AI company Interfaze, moved his company from Singapore to the San Francisco Bay Area last May, drawn by the US's huge customer base. Khemlani said, "We saw the market was there and decided to move.
Reasons for Leaving Asia
Investment Interest
Markets are closely watching the factors driving Asian founders to relocate to the US. The large customer base and easy access to capital are a major draw for companies. However, many Asian tech companies are trying to gain a larger market share in the US.