500 Global's Rise Report shares important insights about the global startup ecosystem.

Here are the key takeaways:

- Rise of the Next Internet Users. By the end of 2023, 5B internet users are projected to be online. By 2040 3B new internet users are projected to come online.

- Global Tech Stack. The GTS includes three primary layers: hardware, connectivity and software. The GTS has enabled tech giants: Microsoft, Alphabet, Amazon (Software); China Mobile, Comcast, TMobile (Connectivity); Apple, Nvidia, Tesla (Hardware). In aggregate represents over $30 trillion in market capitalization.

What will drive innovation❓

1) The GTS expansion will be driven by innovating for existing internet users: new innovations will replace existing solutions; new innovations will address new needs.

2) The GTS expansion will also be driven by innovating for new internet users. New products, services and technologies will create solutions that serve the needs of new internet users.

Globalization 📌

Capturing value creation in the next decade will require understanding internet users globally. Global startup activity is becoming more global – more than 100 countries have active startup ecosystems. More than 50 countries have minted at least one unicorn.

US-founded unicorns have a global aspect. 80% of US unicorns have an immigrant founder or an immigrant in a key leadership role. 64% were founded or co-founded by immigrants or the children of immigrants. 55% were founded or co-founded by immigrants.

Are there economies outside of the US and China, that are positioned for outsized growth❓

The Rise 30 are the 30 largest, fast-growing economies outside of the US and China. By 2027, the Rise 30 are expected to surpass each of the US and China by GDP.

The Rise 30 present different demographics, consumer behaviors and opportunities than mature markets. The Rise 30 are largely nascent venture capital markets with increasing Venture Funding Gaps. The Rise 30 have a larger population than China and the US, combined.

The Rise 30 are growing faster. The Rise 30 are younger. The Rise 30 are more rural. The Rise 30 are connected. The Rise 30 are more social.

Rise 30: India, Canada, South Korea, Australia, Mexico, Indonesia, Spain, Türkiye, Saudi Arabia, Poland, Taiwan, Nigeria, Thailand, Ireland, Bangladesh, Vietnam, Israel, Singapore, UAE, Malaysia, Philippines, Norway, Egypt, Romania, Pakistan, Czechia, Colombia, Peru, Kazakhstan, New Zealand.

Sectors 📌

In the 15 High Income Rise Economies, Software is most often the first +$1B sector to rise.

In the 15 Middle Income Rise Economies, Ecommerce is most often the first +$1B sector to rise.

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