Where Will the Next Meta Come From?

20 years ago, venture capital was essentially a US phenomenon. Since then, it has shifted to a majority of dollars being deployed outside the US. Not only this, but the number of unicorn companies, has also followed this trend. The story seems to be repeating itself in the AI era - OpenAI and Nvidia have become dominant, multibillion/trillion dollar companies and the rest of the world is struggling to keep up. If you believe the media narrative, the AI race has already been won. However, look at who else makes up the Magnificent 7: today we would call Meta an application layer company. It started as a hot-or-not website. Today, they are worth over 1 trillion dollars. Their two biggest acquisitions, Instagram and WhatsApp, had 13 and 55 employees respectively when they bought for billions of dollars. If AI makes it even easier to build a billion dollar company with just a handful of employees, that team can come from anywhere. The next Meta can come from anywhere. My bet is on Eastern Europe.