Not long ago, I was a guest speaker at an Alibaba startup forum sharing my entrepreneurial experience with Taiwan’s young generation of entrepreneurs. I was curious about the purpose of Alibaba organizing startup businesses in Taiwan. And then, after reading “Hidden Champions: Ascent and Transformation,” I got a better understanding. According to DIGITIMES’ survey, 77% of Taiwan’s startups that have the opportunity to go public want to raise capital abroad, with the US, China and Japan in the top three of their destinations.