Zhongguancun in Beijing – China’s Silicon Valley (Part 4 of 5)
Steve Blank
APRIL 13, 2013
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. Facebook was too frightening to Chinese censors, so Renren is the leading social media player. Liquidity is via IPO’s not buy outs.
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