Lots of talk of Singapore these days. Been here over a year and the buzz keeps growing but the bark is still louder than the bite.
I first wrote about Sing here – Musings on Singapore… Most of what I said there still applies I think.
Sure – the economy is cooking and sing dollar is almost as nutty as the Baht but I would have way more confidence in the Sing dollar long term.
There’s also another problem: One employer has optimized the system to find and make lucrative offers to the smartest kids in the system– that’s right, the Government. People who could have made the country’s top entrepreneurs instead make comfortable salaries trying to craft policy to encourage people to be entrepreneurs.
That comment is so telling and I also feel like you see a lot of zombie like easy startups but it is early days and Sarah also says she thinks people should to pay attention to Singapore. I agree but I tend to think the real action will be regional but possibly based out of Singapore.
Of course throw in some web celeb spotting at the Butter Factory to help the hype machine continue unabated.