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China’s Torch Program – the glow that can light the world (Part 2 of 5)

Steve Blank

I just spent a few weeks in Japan and China on a book tour for the Japanese and Chinese versions of the Startup Owners Manual. In these series of 5 posts, I thought I’d share what I learned in China. The previous post described how China built its science and technology infrastructure. It has become China’s Silicon Valley.

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China’s Torch Program – the glow that can light the world (Part 2 of 5)

Steve Blank

I just spent a few weeks in Japan and China on a book tour for the Japanese and Chinese versions of the Startup Owners Manual. In these series of 5 posts, I thought I’d share what I learned in China. The previous post described how China built its science and technology infrastructure. It has become China’s Silicon Valley.

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10 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

First they pivoted from video rentals by mail to smart suggestions by algorithm then they followed by leading the streaming revolution to now global domination. Within a few months, they raised $30,000 (which was a lot of money for them) and were invited to an incubator for new business owners, where they learned how to run a company.

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It’s Morning in Venture Capital

Both Sides of the Table

This has led to the creation of incubators, accelerators and seed funds. In 1997, the year the Kauffman Report begins its analysis; there were 70 million users online globally. In 1998 it was 150 million, 1999 250 million and by 2000 it had crossed 350 million. There are 20x more consumers online.

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In Silicon Valley, Founders Fight for Control

online.wsj.com

Craig Walker, co-founder and CEO of Firespotter Labs, a technology incubator, said it feels unnatural to bestow so much voting power on one executive. that did so in 1999 and 2000, according to an analysis for The Wall Street Journal by Jay R. China Lifts Spending as Growth Ebbs. Global Support. Welcome, Logout.

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The Playbook for Scale Up Nation

Seeing Both Sides

of the world’s population — has more companies listed on the NASDAQ than any country in the world save the United States and China. For the first time in history there are Israeli companies scaling up successfully as global market leaders, and the ecosystem is evolving to support them. That’s the good news. American VCs are critical.

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Boom and Bust and What Comes Next

Scalable Startup

He would know; he’s been backing tech start-ups since 1984, incubating at least one hen house full of millionaires.and probably a few empty ones. A Variation on the Global Economic Crash of 2008? By all accounts, the first one burst in 2000 when the NASDAQ crash brought the first dot-com era to a close.