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

In a Strong Wind Even Turkeys Can Fly

Both Sides of the Table

By 1999 we had grown into the largest independent consulting firm in the world. By 1999 it seemed like everybody was growing, though. I left Andersen Consulting in 1999 at the height of the market. Accenture opened massive operations in India & China and continued its industry dominance. Ameet was right.

Turkey 302
article thumbnail

It’s Morning in Venture Capital

Both Sides of the Table

Yes, it’s true that FOMO (fear of missing out) is driving some irrational behavior and valuations amongst uber competitive deals and well-financed VCs. Try charging customers for your product when you have 12 competitors giving the product away free finances by $20 million of VC. The Exit Problem. There are 20x more consumers online.

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. Also, if there is a lowering of M&A activity this will lead to increased financing needs for startups driving higher failure rates or increases in “adverse terms” entering future financing rounds. I know not everybody agrees.

article thumbnail

New Book by Professor Mannie Manhong Liu and Pascal Levensohn– Venture Capital: Theory and Practice, published by the University of International Business and Economics Press, Beijing

Pascal's View

I never expected to have my first book published in China, much less in Mandarin, but that goes to show how much the world continues to change. Venture Capital started in China in 1985, when the first government-sponsored venture capital firm was established. In 2006, China’s total venture capital investment reached $1.78

article thumbnail

Money Out of Nowhere: How Internet Marketplaces Unlock Economic Wealth

abovethecrowd.com

In 1999, Jack Ma created Alibaba , a Chinese-based B2B marketplace for connecting small and medium enterprise with potential export opportunities. By aggressively launching a free to use service, Alibaba’s Taobao quickly became the leading person-to-person trading site in China. As you can see, that can be a big mistake.