3 ms·
Well, there are a lot of highly valuable tech companies coming out of China. They're just not doing new things (0-1), but copying (mostly US) companies, often
by rdl 11y ago
Well, there are a lot of highly valuable tech companies coming out of China. They're just not doing new things (0-1), but copying (mostly US) companies, often making them better.
Baidu, Alibaba, WeChat, Qihoo360, etc.
Although, tbh, Alibaba is pretty unique, and a lot of the video companies in China were dramatically different from stuff I've seen elsewhere. I think "China just copies" is overblown.
The China cheap-hw-production ecosystem is kind of a novel thing just by virtue of scale, too.
- Garthex 11y agoI was under the impression that WeChat falls under the 0-1 at this point.[0] Although to be fair, marketplaces have existed for centuries. I suppose sometimes it's hard to tell where the line is. They're certainly innovating though. [0] http://a16z.com/2015/08/06/wechat-china-mobile-first/ http://a16z.com/2015/08/06/wechat-china-mobile-first/