[kictanet] China – The Sleeper Awakens (innovation in china)

[John Gitau]

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-light-the-world-part-2-of-5/
http://steveblank.com/2013/04/12/the-rise-of-chinese-venture-capital/
http://steveblank.com/2013/04/13/zhongguancun-in-beijing-chinas-silicon-valley-part-4-of-5/
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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