Last Saturday, Taiwanese voters re-elected President Tsai Ing-wen to her second period after an election that split the country among generational and ideological strands. A vital issues were the differences among how Tsai, states members of the Democratic Progressive Party( DPP ), and her prime opposing, Han Kuo-yu of the Kuomintang( KMT ), approaching Taiwan’s fraught relationship with China.
Despite the highly polarizing run-up to the election, nonetheless, both the DPP and KMT have taken measures to foster entrepreneurship in Taiwan. Now that Tsai has won, numerous investors don’t expect a dramatic affect, but instead are saving an nose on how programs put in motion by both parties will play out. They are too looking for political friends who understand the startup ecosystem in Taiwan, which is often overshadowed by enormous hardware OEMs and semiconductor companies.
Joseph Huang, an investment partner at Infinity Ventures, works with both the DPP and KMT as limited spouses, and says “from our line-up, they are always asking for how to create more awareness of Taiwan startups, how do we help them with institutions, how do we used to help more? ”
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