RESEARCH NOTES
Where Do Startup Funds Ultimately Flow? A Complete Anatomy of Labor Costs, R&D, and AI Infrastructure
This structure, consisting of 45% labor costs and 30% R&D, reflects early-stage startups' decisions to secure technological superiority over growth first. The Whereabouts of $425 Billion In 2025, the global venture capital market poured a total of $425 billion (approx. 580 trillion KRW) into the startup ecosystem over the course of the year.
This structure, consisting of 45% labor costs and 30% R&D, reflects early-stage startups' decisions to secure technological superiority over growth first. The Whereabouts of $425 Billion In 2025, the global venture capital market poured a total of $425 billion (approx.…
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