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VC from Asia is skyrocketing

wsj.com

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Re: VC from Asia is skyrocketing

#3
post #2

I think its prudent here to try to separate out innovation vs state backed and protected interests. Although I do agree there are some eastern sentiments that are driving some interesting innovation. Wired documentary on Shenzens rise: https://m.youtube.com/watch?v=SGJ5cZnoodY

yeah, some of this is fluff like the "block youtube, make youku" stuff. but there is some genuine innovation, and i'm glad for increased supports for start-ups in asia in general

Re: VC from Asia is skyrocketing

#6
I got a random idea: what if sites like HN, Reddit, RSS readers, etc. would have netflix-like subscription for articles?

I don't care about WSJ or other paywall publishers. Especially not enough to subscribe. I however do care about occasional story that ends on HN.

Re: VC from Asia is skyrocketing

#7
I think it's always strange that the media frames this as "threatening" to shift power. On the one hand I agree that I would like to keep America investing in R&D to create the next great innovation that revolutionizes the world, on the other hand I do not fear other countries of the world overtaking us. I frankly think it's awesome to see other countries of the world investing and leapfrogging off of American innovation and some day I would only hope that we can do the same.

I think instead of using attacking vocabulary like "threatening" it would be more worthwhile for the media to say that the US is not keeping up with it's peers.

Re: VC from Asia is skyrocketing

#8
post #2

I think its prudent here to try to separate out innovation vs state backed and protected interests. Although I do agree there are some eastern sentiments that are driving some interesting innovation. Wired documentary on Shenzens rise: https://m.youtube.com/watch?v=SGJ5cZnoodY

There's one amazing tidbit in the documentary about how China's systems work. Starts around here:

https://youtu.be/SGJ5cZnoodY?t=3585

The system seems so controlled which I don't think is feasible for any other country.

Re: VC from Asia is skyrocketing

#9
I remember The Economist doing a piece on this fairly recently[0] that talked exclusively about how China's tech VCs and established corporations (referring to the likes of Alibaba/Tencent) are challenging (and to a certain extent dethroning) Silicon Valley "monopoly" when it comes to investing in innovation/R&D in super critical areas like A.I., for example.

One huge advantage Chinese corporations and startups have is China's super lax (non-existent, in fact) privacy and data protection laws -- enabling their companies to harvest ENORMOUS amounts of data to hone their A.I. algorithms on -- making them super attractive for investors.

Add to this China's culture of scientific inquiry, rampant IP theft from American and European corporations and startups alike, a stable administration that has made technological advancement it's razer sharp focus -- you have the perfect recipe for VCs' fund to start flowing on to the next big thing with relatively fewer barriers.

[0] https://www.economist.com/news/business/21737075-silicon-val...

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