China Startups – The Gold Rush and Fire Extinguishers (Part 5 of 5)
Steve Blank
APRIL 14, 2013
And they were increasing at an aggregate 33 million IOS and Android activations per month. Even though they’re next to Zhongguancun, the hottest place for startups in China, there seems to be a lower appetite for risk, a lack of interest in equity (instead optimizing for a high salary) and very little loyalty to any one company.
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