Founded X

Founded X

A tribute to all innovative local startups in a country

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This is the 2nd launch from Founded X. View more

Founded X Startup Stats

Find the best country to build your startup in
Founded X Startup Stats gallery image
Founded X Startup Stats gallery image
Launch tags:Web AppTravelTech
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What do you think? …

Arun Pattnaik
'Sort by beer price' is genius! :)
Neil S W Murray
How many sources did you reference on each category for each Country? I'm a little concerned about the accuracy of the data (in particular for Denmark and Norway) For example: It's SO much easier to raise funding in Denmark than Norway, yet Denmark is 'hard' and Norway 'medium'. And beer is not $3.5 in Denmark, it's more like $7+ My concern is that anyone with a passing knowledge of these Countries startup scenes knows this, so what sources have you used to get this information? I guess going public with this will see the data improved by people contributing, if you can nail the accuracy then I think this will be extremely valuable, great job.
Maarten vd Heuvel
@neilswmurray Hi Neil, Thanks for your feedback. We've used as many resources as possible and use our entire community to check the data on accuracy. However, I can see that there's still a lot to improve on. There're still a few important countries missing and some data might be incomplete or inaccurate as you mentioned. However, we encourage anyone to help us improve on the data. Therefore we've openen up our base spreadsheet to anyone that would like to add something. You can comment and we've people on it to process all comments asap. Thanks again and we'll keep working to improve the data!
Emile Esterhuizen
@neilswmurray Hey Neil, feel free to leave a comment on the spreadsheet and we'll take it into account.
Neil S W Murray
@emileesterhuize Thanks Emilie (and Maarten) will do!
Maarten vd Heuvel
Hi guys, We're uncovering local startup scenes with Founded X every day. Traveling between countries is so easy these these days and working remotely is becoming more popular with trends such as digital nomadism and entrepreneurial retreats. Only starting a business in a foreign country can still be a hassle. We’re going to change that. If you're looking to start up on the other side of the world you can now jump in the Founded X Startup Statistics and find your perfect startup location. All countries in the world have their own unique advantages and characteristics. With our Startup Stats page you’re able to sort on the cost of starting a business, the availability of a startup visa or the price of a beer. These statistics will help you not only to discover new startup scenes but also become part of them. In the future we will continue to expand its functionality with more information and adding new ways for startup founders to connect worldwide. We've gathered the information together with our entire community and we're thankful for all their efforts! We're very curious to hear what you think about this next step for our platform. Thanks! And don't forget to check out our article on Business Insider: http://www.businessinsider.com/s...
Joshua Ooi
@mvdheuvel glad to see this live! Was fun being part of it :)
Maarten vd Heuvel
@joshuaoxj It was great to work all together on this. Took some time to get it live but now everybody can use it more conveniently than in the excel that we made ;-)
Nikita
@mvdheuvel Hey Maarten! Great idea! Didn't find Ukraine in the list. Do you have plans to add more countries?
Maarten vd Heuvel
@_n1ks Yes for sure. If you're interested please apply at http://foundedx.com to help us out to get Founded in Ukraine on the road :-)
Earteza Auvee Rahim
@mvdheuvel @_n1ks Ukraine added , check the Spread sheet from Starup Stats Page ! Yes we have plan to cover up the whole world . Invite your friends join with us ! Thanks
Cat Noone
Super interesting! And I imagine really useful for a ton of people. How are you determining the ease of *starting up*? What is that based on? Also, are the areas color coordinated in a certain way or are these random colors? Couldn't find a legend.
Maarten vd Heuvel
@imcatnoone Thanks Cat. The Founded X community has 'startup curators' in each of these countries. They've chosen an appropriate color for their country (for example orange for Holland). We try to use as much sources as possible to verify all the data. The 'ease of startup up' is based upon a few measures: ease of funding, cost of living, etc. And ultimately checked by the local curator. Check out all the local lists on http://foundedx.com
Chris Georgiev
Love the sort by beer price, added some stats for Bulgaria
Maarten vd Heuvel
@chrisgeorgiev Thanks! We'll check and add your suggestions asap.
Ben Lang
Great work!
Tim Gouw
@benln Thanks Ben!
Earteza Auvee Rahim
@benln hey man Thanks :)
Jason Dainter
Just a tip on 'Registration Fee' for company formation, could be a bit misleading since a few countries (Sweden for one) has a reg fee (216 USD) but they also ask for a minimum amount of share capital to be purchased on creation (which gets locked up into the company), which is currently 5707 USD. Might be worth including Minimum Share Capital or something similar as a field.
Maarten vd Heuvel
@jasondainter Great suggestion. We'll make notice of this and see how we can implement such numbers. Thanks
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