Try to solve a problem, do not focus too much on your own product, tells Chinaccelerator managing director William Bao Bean at a CNBC tech talk panel in Singapore entrepreneurs looking for VC money. He saw too many entrepreneurs trying to enter China and Asia without asking themselves whether it was needed.
Category Archives: innovation
Managing director William Bao Bean of the leading Chinaccelerator, on tour in Australia, warns Aussie startups to stay away from China and much of Asia, he tells the Australian Financial Review. They should look for their opportunities much closer to home, he added.
When Baidu CEO Robin Li was arrested by Beijing police for sitting in a self-driving car, it was obvious the country needed an update of its traffic laws, just like the US, Australia and several European countries did have. Shanghai-based lawyer Mark Schaub gives at his firm’s website an overview of what is needed to support the development of self-driving cars, including testing on public roads and setting standards.
Shaun Rein predicted in his two previous books The End of Cheap China and The End of Copycat China major trends in China’s development. While he is working on his third book , The War for China’s Wallets, he looks with Business Tianjin back at the effects of his first two bestsellers.
China is, as the second largest economy, becoming an attractive source of new business ideas, says Shanghai-based VC William Bao Bean. Although the China market itself is a hard one to crack, for startups and larger companies, he tells in WebinTravel.
Innovation expert William Bao Bean, managing Director of SOSV’s Chinaccelerator, discusses entering the China market is tough, if not impossible for foreign players in many industries. In the Hutong podcast, William looks at the way he trains Chinese startups for a global play, and foreign startups for the China market.
Foreign tech firms have a tough time entering the Chinese market, but Chinese tech companies going global have an equally hard time, despite increased financial firepower. Peking University business professor Jeffrey Towson discusses the international development of the tech market at CGTN. Even his mum in California knows now Alibaba’s Jack Ma, but it does not mean she uses his products, yet.
China is moving fast in developing self-driving cars, but also authorities move fast in paving the legal roads for those cars by developing Draft Guidelines, says Shanghai-based lawyer Mark Schaub in Lexology. The ambitious approach is in line with the technological improvements, the government is having on its agenda.
While much of the book publishers try to get their act together now readers go online, China boast even a top ten of literature writers, earning more than US$150 million each. Chief researcher Rupert Hoogewerf explains to Global Times why the Harry Potter franchise did so well, also in China.
Panic struck when media reported China would ban all VPN activity in February 2018, allowing to circumvent China’s internet censorship. That was a shock for many, and seems to have been confused with a business licensing system for VPN’s. Whatever is going to happen, innovation and startups need unfettered access to VPN, says innovation expert Andy Mok to Bloomberg.