VC from Asia is skyrocketing
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Re: VC from Asia is skyrocketing
#12I 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.
Not a bad idea.
Re: VC from Asia is skyrocketing
#13I 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 innova…
IMHO, our brilliant thought leaders need to "revolutionize" the US economic model into something rather different, something where decent jobs and standards of living are much more easily created.
The existing model of the US as the "global leader in intellectual property" (or whatever) is not working well enough for tens of millions of US workers.
Re: VC from Asia is skyrocketing
#14I 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…
Don't forget - a US immigration system that makes it incredibly difficult, expensive, and time consuming for individuals from China (and India, which is following the same VC trends as China, just time shifted) to come and settle in the US. Increasingly, money that would have flowed to US VCs can just stay "at home" and invest in talent that is increasingly staying.
Re: VC from Asia is skyrocketing
#15I 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…
Laws in China are not as relevant as enforcement. Enforcement is completely contextual, if they don’t like what you are doing they’ll get you on something, so as a foreign company you have to tread much more carefully when operating in China than a Chinese company.
The legal framework in China simply isn’t very developed, that doesn’t mean you can get away with whatever you want, quite the contrary, it means you never know when the government will come down on you for violating some unwritten rule.
Re: VC from Asia is skyrocketing
#16paywall-less: http://badblue.bitnamiapp.com/sources.php?to=https://t.co/2A...
Thank you for the link. Appreciate it.
Re: VC from Asia is skyrocketing
#17I 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
Thought: it might be "state backed and protected interests" there, but it has historically been "vc/wall st backed investor interests" here.
Here the big tech business is ads and data collection, but other creative and innovative enterprises trickle through. I don't doubt this could be the case there too.
Re: VC from Asia is skyrocketing
#18China?? I heard they were bad though?
Re: VC from Asia is skyrocketing
#19I 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…
> 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.
Isn't this also official Chinese government policy?
Those Chinese tech VCs may be literally funded by the state and/or operating under its direction.
Re: VC from Asia is skyrocketing
#20I 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…
Laws in China are not as relevant as enforcement. Enforcement is completely contextual, if they don’t like what you are doing they’ll get you on something, so as a foreign company you have to tread much more carefully when operating in China than a Chinese company. The legal framework in China simply isn’t very developed, that doesn’t mean you can get away with whatever you want, quite the contrary, it means you neve…
> quite the contrary, it means you never know when the government will come down on you for violating some unwritten rule.
Isn't bribing your way out of "violations" common in China?