Why Tim Draper Is Betting on Sri Lanka’s Unlikely Startup Scene

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Sri Lanka’s economic meltdown was one for the history books. At its cataclysmic height last summer, protesters stormed the presidential palace in Colombo, jumping in the pool, taking selfies in the kitchen and refusing to leave until top officials resigned.

But a few minutes down the road, in an elegant building housing the country’s top startups, Sri Lanka’s entrepreneurs are brimming with optimism. The clash is over, and venture investors including Tim Draper are discovering the island nation and its blossoming technology sector.

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