Japanese VC & startup culture is itself a very long-tailed startup; the product and revenue model are obvious, and in this case, the investment, marketing, and incubating were handled by the IE Business School, the Keio University Graduate School of Media & Design, and J-Seed Ventures. It went like this:
Last week, AkihabaraNews began unpackaging Japan’s nascent startup and venture capital movement, and though it’s but a week since, increased momentum is already evident. We’ll not only cover developments, AkihabaraNews is also getting involved. First, a J-startup update via Terra Motors and PocketVenture Live!:
Japan is world-renowned for a dearth of startup and venture capital in business culture, but change might be coming; while the top-down innovation efforts of Sony, Panasonic, Sharp, etc. have flailed and failed, long-underappreciated or outright ignored entrepreneurs are preparing to strike back.