Train of Thought

All posts on startups, venture capital, real estate, and the Japanese economy.

Why Korean Startups Keep Failing in Japan (And Why It's Usually Not the Product)

Korean startups with strong products and funding struggle in Japan due to execution challenges rather than technology issues.

Jun 30, 2026

Social Media in Japan: How It Differs from the West

Japan's social media landscape differs significantly from Western markets, with LINE, X, and YouTube central while LinkedIn has minimal impact.

Jun 24, 2026

The 2026 Startup Rankings Just Dropped. The Most Shocking Story? Asia Is Not Capturing Enough of the Recovery.

Analysis of the Global Startup Ecosystem Report 2026: the startup economy is recovering with AI generating value, but Asia is not capturing enough.

Jun 22, 2026

Why Andreessen Horowitz Chose Tokyo for Its First Overseas Office And What It Means for Founders Across Asia

a16z opened its first international office in Tokyo, signaling Tokyo's growing importance.

Jun 16, 2026

Cross-Border Fundraising: What APAC Founders Need to Know About Raising from Global VCs

Founders outside Silicon Valley face distinct fundraising challenges when approaching global investors.

Jun 12, 2026

Cold Outreach vs Warm Introductions: What Actually Gets VC Attention?

How investors discover startups: cold outreach vs warm introductions.

Jun 11, 2026

Why Most Founders Fail at Cold Outreach Before They Even Send the First Message

Founders fail at cold outreach due to preparation issues that precede messaging.

Jun 1, 2026

How Startups Enter Japan: 3 Proven Paths That Actually Work

Successful Japan-entry patterns from dozens of market entries.

Mar 20, 2026

Cold Outreach That Actually Works: Lessons from Arzoo of Treeo VC

Cold outreach strategies for emerging fund managers, insights from Treeo VC's Arzoo and Sarah Lacy.

Mar 17, 2026

Are All AI Wrappers Bad Businesses?

AI wrapper businesses built on LLM APIs and their structural weaknesses.

Mar 13, 2026

Going Global from Japan: The Funding Gap, the Glass Ceiling, and the Allocator Question

Japanese startups expanding globally; JIC research on structural funding challenges.

Mar 2, 2026

What the BOJ's 0.75% Hike Really Means for Home Loans in 2026 — and How to Prepare

BOJ's Dec 19, 2025 rate increase to 0.75% and implications for homeowners.

Dec 23, 2025

Is Japan Really Anti-Immigration? The Truth Behind the Headlines

Challenges media portrayals of Japan as xenophobic.

Dec 10, 2025

Japan's Startup Visa Just Changed Dramatically — What Every Entrepreneur Must Know in 2026

October 2025 changes to Japan's startup visa requirements.

Nov 27, 2025

Series A is Being Squeezed, Late-Stage is on Fire: The VC Landscape in 2025

2025 VC dynamics: early-stage squeezed, late-stage AI on fire.

May 16, 2025

Trump's Tariff Impact on Japan: What It Means for the Economy, Yen, and Everyday Life

U.S. tariff implications for Japan's industries, stock market, currency, daily life.

May 8, 2025

Invisible Vacant Apartments: Japan's New Urban Akiya Problem

Unoccupied urban condos distorting Tokyo's real estate market.

May 2, 2025

9 Million Seniors in Greater Tokyo: The Inheritance Wave That Could Reshape Japan's Real Estate Market

9M seniors in Greater Tokyo, 9M vacant homes nationwide; generational real estate shifts.

Apr 30, 2025

21st century Humans are hackable?

Reflections on decision making in the algorithm age, inspired by Yuval Noah Harari's Homo Deus: with enough biometric data and computing power, algorithms can know us better than we know ourselves and manipulate our daily decisions.

Sep 8, 2020

My Early Autobiography / ကျွန်မရဲ့ အစောပိုင်းအတ္ထုပ္ပတ္တိ

Yu Li Shein's bilingual (English/Burmese) autobiography, tracing her journey from a small island in southern Myanmar through Yangon, Computer University, and her first job to an international career in India, Japan, and the United States.

Aug 25, 2020