Blog Archives

What happens when too much cash floats around – William Bao Bean

Hypes are a part of China’s competitive climate, and with the hypes VC capital floods industries, like bike-sharing and food deliveries. And that might be nice for a while, warns Shanghai-based VC veteran William Bao Bean, it does not mean the best ideas get funded, he tells the Globe&Mail.

Now Didi comes after Uber globally – William Bao Bean

China’s ride hailing app Didi Chuxing just raised over US$5 billion, more than it would need for its China operation. After kicking Uber out of China, Didi might be preparing to go after the US company on a global scale, suggests managing director of the Chinaccelerator William Bao Bean to Bloomberg.

Why our startups do not focus on the US, yet – William Bao Bean

Shanghai-based VC William Bao Bean explains why the China startups he supports focus on South-East Asia and Eastern Europe, rather than the US. “We are trying to break the grip of Google and Facebook on startups.”

Breaking the stranglehold of Google and Facebook on mobile apps – William Bao Bean

Making money on mobile apps is – despite their popularity – almost impossible. Taiwan-based MOX and Shanghai-based Chinaccelator try to break the stranglehold of Google and Facebook on this industry, says William Bao Bean, managing director of both, to Tech in Asia.

China’s internet wars have become global – William Bao Bean

Competition in China is bloody and fierce, but as the Chinese internet companies go global, also China’s internet wars go global, says William Bao Bean, partner at SOSV to FTChinese. Didi taking on Brazil’s 99, its home-grown taxi-hailing app, it a telling sign.

Why most startups should avoid China – William Bao Bean

It sounds odd to hear from the managing director if the Chinaccelator in Shanghai, but William Bao Bean sees it as a success when startups decide to avoid the China market and explore other markets. “Interestingly enough, the greatest help that Chinaccelerator can give to start-ups considering China is convincing them otherwise,” he tells Inc-ASEAN.

Fintech, mobile and social commerce in 2017 – William Bao Bean

China is becoming fast one of the most innovative markets, explains Shanghai-based managing director William Bao Bean of the Chinaccelerator. Fintech and mobile will leave their marks on 2017, he explains to a non-Chinese audience. While startups have a hard time to find funding, 9% of the startups in Shenzhen get one million US dollar in funding. In stead of joining foreign multinationals, young Chinese prefer now an entrepreneurial career.

William Bao Bean: the man behind one of the successful accelerator programmes in China

Often innovator William Bao Bean prefers to give the stage to his China-related innovative startups, but ahead of the MOX – the Mobile Only Accelaretor in both Taipei and Singapore in March, E27 profiles the force behind China´s drive for innovation.

Marketing needs more platforms than only WeChat – William Bao Bean

WeChat has been for long the golden grail for marketing to China´s consumers. But those days are over, says innovation expert William Bao Bean, director of the Shanghai-based ChinaAccelerator to TechNode. Marketing needs more platforms than WeChat, although the Tencent tool is still an important center piece.

Cross border e-commerce of the future – William Bao Bean

China´s consumers have been eager purchasers of foreign products, but getting them at the right price proved to be troublesome. New startups are going to make that choice easier, predicts William Bao Bean, general partner at SOSV and managing director of Chinaccelerator, in TechNode, after closing days of presentations by startups.