start-up cultures - finance required to fund business ideas
TRANSCRIPT
Start-up CulturesInvestment Requiredby Continent
business idea data analysis from May 2014
About the Start-up Cultures Series
Between 2008 and 2013 more than 20,000 people from around the world tested their business ideas with the Rapid Idea Evaluation.
In completing the evaluation tool, users answer a series of questions about their business ideas
We aggregated and analysed their answers, looking across different countries, continents and cultures. We have looked at a number of indicators including Resources & Exploitation Finance Sales & Marketing Market Research
This analysis is the basis for series of pieces on Start-up Cultures
This Analysis: Investment Required
In this analysis we looked at the answers to the question “How much investment does your idea need to become a profitable business?”
We compared the responses across each of the different continents
We looked at all answers and also specifically at those who required less that £10,000 with those who required more the £10,000
The map show the distribution of ideas tested across the world
Current Exchange Rates
£1 GBP$1.6 USD€1.2 EUR
Idea Locations
Density of Ideas Tested
* Ideas located by IP address
Total Investment Required
Less than £10,000 or personal fi-
nance
£10,000 to £100,000
£100,001 to £500,000
£500,001 to £1.5 million
More than £1.5 million
Do not know or unsure
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
Europe South America Oceania Africa North America Asia
Over £100k v Under £100k
Europe
Oceania
North America
South America
Africa
Asia
9.2%
9.5%
16.1%
16.7%
18.2%
21.8%
82.8%
75.8%
73.6%
75.9%
74.3%
66.0%
Over £100k Under £100k
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Credits & acknowledgements under Creative Commons:Flashback by Joshua C. Harris from The Noun ProjectEarth by Thibault Geffroy from The Noun Project
Graph by Mister Pixel from The Noun Project
Team by Björn Andersson from The Noun Project
Graph by DEADTYPE from The Noun Project
Research by Brennan Novak from The Noun Project
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