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Japanese startups struggle in risk-averse society

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Japan start-up dating salon
Japan start-up dating salon

An article from The New York Times details how young technology entrepreneurs are networking in startup dating salons in an attempt to acquire funding for their ideas. Japan’s culture tends to favor established companies, rewarding loyalty while discouraging risk-taking. Entrepreneurs struggle to find capital as a result, often dipping into their savings to fund their business. A handful of success stories may help to shake off the current perception of entrepreneurs in Japan, but the odds are against anyone who dares to try something new.