What's next?

Time to calculate your runway. The time that you can sustain

your business idea without bringing in a dime of income.

So where should you set up shop?

Well let's see. There is Silicon Valley, the epicenter of the tech universe right?

Sure, you can take the money, hire your team, get a cool but affordable co-working space

and let's say that gives you six months until you need to knock on the door asking for more money.

But wait, what if I take my startup here to Singapore?

I could extend that runway to nine months.

Costs are not as high as San Francisco's.

And that gives me a little more breathing room to make my idea profitable.

Wait a minute. What about a place like Bali?

Now I've got like at least two years.

And a beach, and yoga, and monkeys.

But how can I build my business on a random island in Indonesia?

Simple, your developer is in the Philippines,

your designer's in Germany and your salesperson is in Canada.

You've all got laptops and Dropbox and Skype and Slack.

The world is going global.

Some people are building their businesses from their laptops

in co-working spaces like this where costs are just much cheaper.

But there's just one catch.

No shoes allowed.

Rent a desk in a co-working space in San Francisco?

That'll cost about $500 per month.

You want to rent a desk in Bali?

That'll cost you around $200 per month.

Your morning cup of coffee in San Francisco? $5.

And your morning coconut in Bali, $1.50.

Not to mention the commute.

The average commute time for someone in San Francisco is nearly one hour a day.

Compare that to a motorbike ride here, easily about 10 minutes.

Let's take a look at two entrepreneurs proving this shift.

MQ Wong and Tony Xang got their PhDs from Stanford and then

started a drone camera robotics company and they didn't stay in California.

They moved to Beijing, while their startup Zero Zero Robotics also now has an office in San Francisco

its headquarters are in Beijing, with more offices in Shenzhen and Hangzhou.

The drone they developed is still sold and marketed around the world,

and they even just signed a deal to sell at Apple stores.

A few years ago they would have probably stayed in Silicon Valley to launch their company.

Not today.

San Francisco's housing costs have been skyrocketing since the tech boom.

Meanwhile President Trump's causing uncertainty over immigration and the H-1B visa

which Silicon Valley is hugely dependent on to bring top talent from overseas

and now successful startups are rising around the globe.

The number of international unicorns are increasing rapidly.

Just a few years ago only 30 percent were located outside the U.S.

By 2014, it was 37 percent.

In 2015, it went up to 53 percent.

And last year it stood at 58 percent.

In fact, half of the top 10 unicorns are outside the U.S., they're in China.

But hold up, there's still a number of reasons people will argue that Silicon Valley is supreme.

You can't replicate Hollywood overnight, if at all.

For one there's the culture.

Silicon Valley's innovative spirit is what makes it successful and somewhat

ironically it's the 'OK to fail' attitude that attracts risk takers.

Also talent. If you want to work with people in person it's a lot harder to find

serial entrepreneurs or user acquisition leads with a lot of experience on remote islands.

The majority of global venture funding is still happening in Silicon Valley but

there was a 28 percent drop in total funding in the valley in 2016, compared to the previous year.

Some may still argue, location, location, location, but times are changing.

With the rise of global digital nomads, well, it's a working man's paradise.