Switzerland

“If in Europe also, if I'm not wrong maybe UK, France Germany, and Holland, only five countries have direct flights to India. There's no direct flight from Spain. There's no direct flight from Switzerland, no direct flight to Italy.”

“I have bank accounts in various parts of the world. Again, you have to diversify whether it be in Singapore or Hong Kong or in, in Switzerland you have to diversify your wealth.”

“Europe and also Switzerland is not very well known to do IPOs with startups. Pretty much all deals are either with buyout funds or private equity or M&A deals.”

“So if you go for the most diverse ecosystem it's definitely Switzerland.”

“If you are very opportunistic here, you're going to fail very badly because society doesn't accept it. If you start to do things which is against people in society, they will not trust you anymore, and if nobody trusts you, you're going to be dropping out of s…”

“Now, I don't think that Switzerland has a very good position to compete with generic AI, like just basically being the better spell checker or a better predictive text producer.”

“Switzerland has a stock exchange, but it's not really well suited for startups, right? And if you don't have enough revenues, don't have enough valuation, then no way to even have a chance.”

“And when we did that back in 2014, basically nobody was thinking about even investing in that vertical in Switzerland because nobody had a fintech and nobody had an ICT company. And people still remembered the internet bubble from the 2000 where some internet …”

“Unicorns, the companies that had a billion dollar valuation or more in the last 12 years, we found 58 of them, where we have a public proof that they reached a one billion valuation.”

“What you're really bad at, I would say it's doing things at scale at the masses, B to C, just cheap. And go big. Don't have the right cost structure here.”

“There are almost no growth stage funds here. So most of the gross money the Swiss types need to get from abroad.”

“Alps Initiative, where we have the biggest super computing in AI in Europe with 1.3 million cores.”