Remove 2001 Remove Customer Development Remove Government Remove Seed Stage
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Zhongguancun in Beijing – China’s Silicon Valley (Part 4 of 5)

Steve Blank

China has essentially closed its internal search, media and social network software market to foreign companies who wouldn’t play with the government rules on the Great Firewall. Several VC’s mentioned that there’s a funding gap for seed stage investments. Car sales in China went from 1 million in 2001 to 14 million in 2011.

article thumbnail

Zhongguancun in Beijing – China’s Silicon Valley (Part 4 of 5)

Steve Blank

China has essentially closed its internal search, media and social network software market to foreign companies who wouldn’t play with the government rules on the Great Firewall. Several VC’s mentioned that there’s a funding gap for seed stage investments. Car sales in China went from 1 million in 2001 to 14 million in 2011.