article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

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. That’s quite a turnaround from gaining $30,000 in funding and joining a startup incubator. Airbnb now makes $2.5 billion in annual revenue.

article thumbnail

It’s Morning in Venture Capital

Both Sides of the Table

This has led to the creation of incubators, accelerators and seed funds. In 1998 it was 150 million, 1999 250 million and by 2000 it had crossed 350 million. If you want to understand the details of why this is, I covered it in detail in this post, Understanding Changes in the Software Industry. There are 20x more consumers online.

article thumbnail

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. Welcome, Logout. Customer Center. My Journal.

article thumbnail

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. The common approach is to incubate the business locally in Israel with a small development team, prove early product/market fit, and then build a sales and marketing organization abroad, usually in the U.S.

article thumbnail

US Economic Risks (Sept 2010): Impact on Investors & Entrepreneurs

Both Sides of the Table

While not 1999 all over again but I am observing first-hand the signs of funding frenzy. Let me preface by saying I obviously have a vested interest in being wrong about tough times ahead but as the old saying goes, “hope for best, plan for the worst.”. VCs get paid to “put money to work.&#. I know not everybody agrees.