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Smart move. Tencent's investing but not controlling strategy make it good supporter of the new generation of ambitious entrepreneurs against AAAAF(Apple Alphabe
by turingbook 10y ago
Smart move. Tencent's investing but not controlling strategy make it good supporter of the new generation of ambitious entrepreneurs against AAAAF(Apple Alphabet Amazon Alibaba Facebook):
- JD
- Didi
- Snap
- Meituan-Dianping
……
- yeukhon 10y agoI am not following. Who are the new generation of ambitious entrepreneurs?
- tzakrajs 10y agoI guess Elon? He's no spring chicken, but certainly ambitious and an entrepreneur.
- yeukhon 10y agoOkay, but that's kind of an unfair comparison since Facebook, Google are corporations. Elon is a person. But if the point is tech founders should actively invest on their own outside of their company, okay that's fair. I am not sure how often Jack Ma, Mark Zuckerberg or Jeff Bezos invest in for-profit companies outside of their company's investment arm, but I think they do.
- bpicolo 10y ago> but not controlling strategy I mean, they bought all of league of legends. Their primary driver is most likely "let's make money".
- turingbook 10y agoGames are Tencent's backyard and cash cow.
- epynonymous 10y agonot entirely true, i imagine wechat is a huge advertising platform for the as well.