Startup exits, however, tell another story. Indonesia saw 14 exits last year, compared to Malaysia’s four exits.
While Vietnam did not see any exits in 2017, it shows promise in terms of startup density. The country has one startup per 57,982 people, versus Indonesia’s 1:86,836 ratio. Meanwhile, Malaysia boasts of the highest startup density, with one startup per 26,955 people. This means startups based in Malaysia have the best chances of finding meaningful connections with other startups and potential investors.