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Comment by soheil | Hacker News Reader

It does?

  Country Number of Startups
  The USA 72,560
  India 13,905
  The UK  6,396
  Canada  3,446
  Australia 2,399
  Indonesia 2,391
  Germany 2,320
  France  1,579
  Spain 1,411
  Brazil  1,165

source: https://www.demandsage.com/startup-statistics/

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But #9 on overall funding, and #2 per capita in 2021:

[1] https://news.crunchbase.com/startups/countries-most-startup-...

But more importantly, in general, for Israelis, the goal is always to break into bigger markets such as the USA and Europe with branches there and thus may be really affected by USA banks. Wonder if it is the same for Startups in Germany or India that have big market domestically.

Edit: SVB has branches [2] in 8 countries outside the US with Israel among them. So we can guess Israel startups had enough money in it (among the other 7) to be affected by the collapse.

[2] https://www.svb.com/locations

How is Singapore #1? I never hear about Singaporean tech, could that be tax-related?

Israel has only 9 million people, so in absolute terms it will still be small, but in relative terms, it punches hugely above its weight. It also depends on methodology; I am mostly familiar with Canada but am generally confused how 3446 would be produced, unless you’re counting very generously. (I can’t imagine the largest centers have more than 300-500 serious startups.) I’d propose that an easier metric might be looking at venture investment in the area; for example, this is on the first page of a quick search [1].

[1] https://www.inc.com/peter-cohan/why-israel-drew-28-times-mor...

I think he's speaking of the _state sponsored_ cyber security, offensive tooling and exploit creation _start ups_.

> Israel has earned its reputation as ‘the start-up’ nation, accommodating 97 unicorns each valued over $1bn, according to global Israeli startup founders club Techaviv.

https://www.checkpoint.com/press-releases/check-point-softwa...

scylladb is one of the most technologically sophisticated companies in the world and their team has more expertise with the linux kernel and distributed systems than anyone even 100X their size in california. to claim that expertise in one technical field doesnt translate to others is just ignorant.

Do you consider scylladb a startup or an organization that would need the products of svb?

Don’t they need a checking/savings account for payroll?

Many need SVB, we (ScyllaDB) received a great service from them in the past. Later on we just used them as one of our banks, obviously, going forward, we're diversifying our services.

The problem for startups is that debt provider who are also a bank require to move most of the business to that provider. It's not the case other types of debt providers. w.r.t debt - everybody use this mechanism, doesn't matter if you're small or big.

A more useful measure of potential impact might be number of startups per capita, or number of people employed by startups per capita. Not in front of laptop right but might have a go later if no one gets to it first.

Do they even define startup? The 2-year old neighborhood pizzeria is a startup.

israel is a tiny country. putting up absolute numbers is not serious.

Those numbers would be more informative if they compared to country populations.

Israel is 9 million people my guy/gal/they/them

Per capita

is a thing

chud incel

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