China – The Sleeper Awakens (innovation in china)
a great 5 part series describing the chinese innovation/funding process. http://steveblank.com/2013/04/10/china-the-sleeper-awakens/ http://steveblank.com/2013/04/11/chinas-torch-program-the-glow-that-can-ligh... http://steveblank.com/2013/04/12/the-rise-of-chinese-venture-capital/ http://steveblank.com/2013/04/13/zhongguancun-in-beijing-chinas-silicon-vall... http://steveblank.com/2013/04/14/china-startups-the-gold-rush/ Some interesting statistics like: For a hundred years the fantasy of global marketers was, “ if only everyone in China would buy one…” That day is final here. The numbers of mobile subscribers are staggering – 1.18 billon, 260 million are 3G<http://translate.googleusercontent.com/translate_c?depth=1&hl=en&ie=UTF8&langpair=auto%7Cen&rurl=translate.google.com&tbb=1&u=http://www.miit.gov.cn/n11293472/n11293832/n11294132/n12858447/15310704.html&usg=ALkJrhi5tHW8kP0ohKBsNDIauYfO2jsc6Q>. Chinese Internet companies live in a large closed, self-contained ecosystem with 564 *million* web users with *420 million* having mobile web access. 309 million use microblogs and 242 million shop online..... While not running a startup myself, Steve Blanks books have been an interesting read. With thanks, John Gitau
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John Gitau