Blog Archives

Shanghai should not fund faulty investments – William Bao Bean

Shanghai introduced in January a compensation scheme for investors who lost money on their investments, hoping to trigger more innovations. By doing that China´s second-largest city funds faulty investment deals, tells VC veteran William Bao Bean the BBC.

Why Facebook has a hard time overtaking WeChat – William Bao Bean

Facebook is trying to copy many elements from Tencent´s WeChat, but has a hard time in overtaking the dynamic Chinese service, says innnovation expert William Bao Bean at MumBrella.”“WeChat – whether they’re good or bad – the bottom line is they are about 18 months ahead of Facebook.”

A slice of Silicon Valley in Taipei – William Bao Bean

Taipei-based startup accelerator MOX has been taking off, bringing a piece of Silicon Valley and jobs to Taiwan. Chinaccelator Managing Director William Bao Bean explains in the Taipei Times why Taiwan offers a good breeding grounds for mobile only startups.

The next four billion internet users will be mobile only – William Bao Bean

The first billion internet users entered the space using their PC´s. But the last four billion users will be mobile only, says innovation expert William Bao Bean in Tech in Asia, talking about the MOX demo days. To reach those billions, innovation startups also has to be mobile.

Fostering a mobile startup community in Taipei – William Bao Bean

For two months managing director of the China Accelerator William Bao Bean left Shanghai for Taipei, to nurture a new offices and a startup community MOX. In Taipei Times he explains how how this Silicon Valley working style works out here.

Are mobile payments killing traditional banks? – William Bao Bean

600 Million Chinese internet users use their mobile phone to pay, and increasingly they use not the traditional banks and credit cards, but newcomers in the industry. Innovation expert William Bao Bean discusses what will happen to the traditional banks when mobile payments advance also outside China.

How can governments stimulate innovation? Get out of the way – William Bao Bean

Everywhere governments are looking for ways to encourage innovations. For super-innovator William Bao Bean the solution is pretty simple: get out of the way. And give visas where possible. Compensating VC for possible losses, like Shanghai wants to do, is certainly the wrong way. Singapore on the other hand does a good job.

How Opera fits into China´s browser war – William Bao Bean

The purchase of the Oslo-based Opera browser by a conglomerate of Chinese companies for US$1.2 billion took many by surprise. Not Shanghai-based VC William Bao Bean, who sees the purchase as a logical step in the fierce competition in China, he tells in Quartz.

Did Facebook become a WeChat clone? – William Bao Bean

Chinese companies have often been blamed for copying Western innovation and patents. But now China takes the lead in mobile innovations, the argument seems to go the other way. Many of the features we know from WeChat we see now popping up at Facebook. Innovator William Bao Bean discusses whether Facebook has become a WeChat clone.

When in China, do not follow your gut feeling – William Bao Bean

Many foreign companies fail when they try to enter the China market. According to William Bao Bean, a partner at Shanghai venture capital firm SOSV, dealing with over 120 startups per year, that is because they follow too often the instincts they take along from their home market. Wrong, he tells in the South China Morning Post.