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The next SV is more likely to be China than anywhere in the US other than SV. Massive amounts of capital + appetite for risk and experimentation + love of tech

The next SV is more likely to be China than anywhere in the US other than SV. Massive amounts of capital + appetite for risk and experimentation + love of technology + huge market. Just don't get on the wrong side of the CP and you're golden.

seanmcdirmid 9y ago
No way! China is basically a closed system. You can’t even give stock or stock options to foreign employees if the company is not foreign. Don’t get me wrong, there is a lot going on in zhongguangcun and Shenzhen, it’s just mostly chinese startups employing Chinese, nothing like SV at all.
- SkyMarshal 9y ago
  >nothing like SV at all Seems there are different definitions of "SV". Mine is a geographic region with the unique combination of ingredients for incubating new technologies into valuable businesses and services that mature to some form of market liquidity. Has nothing to do with where they hire their employees from.
  - seanmcdirmid 9y ago
    So a monoculture hiring Chinese employees catering to Chinese consumers. Why should we even care then? Google and Facebook employ more Burmese employees in SV than China does in all of its tech companies, guess what companies are dominating the emerging internet sector in Myanmar, a country literally in china’s own backyard? China’s Silicon Valley is an internal concern that has nothing to do with the rest of the world.
    - SkyMarshal 9y ago
      >China’s Silicon Valley is an internal concern that has nothing to do with the rest of the world. This is pretty short-sighted and naval gazing, but I cbf to argue it. I'll just point out there are people with far more credibility than HN rando's demonstrating with their actions the opposite of what you're saying. [1] [1]:https://www.bloomberg.com/news/articles/2017-12-04/cook-kisses-the-ring https://www.bloomberg.com/news/articles/2017-12-04/cook-kiss...
      - seanmcdirmid 9y ago
        Actually having lived it for 9 years, I’m not speaking out of my arse.
thevardanian 9y ago
China will only cater to its own internal markets. It'll never have an international presence, because it lacks the globalized culture as of yet.
- SkyMarshal 9y ago
  China's internal markets are at minimum twice the size of the US and EU (or 3x-4x if you include the underdeveloped areas of the country). They can create a SV that's bigger than SV just by serving their own internal markets.

seanmcdirmid 9y ago

No way! China is basically a closed system. You can’t even give stock or stock options to foreign employees if the company is not foreign. Don’t get me wrong, there is a lot going on in zhongguangcun and Shenzhen, it’s just mostly chinese startups employing Chinese, nothing like SV at all.

SkyMarshal 9y ago
>nothing like SV at all Seems there are different definitions of "SV". Mine is a geographic region with the unique combination of ingredients for incubating new technologies into valuable businesses and services that mature to some form of market liquidity. Has nothing to do with where they hire their employees from.
- seanmcdirmid 9y ago
  So a monoculture hiring Chinese employees catering to Chinese consumers. Why should we even care then? Google and Facebook employ more Burmese employees in SV than China does in all of its tech companies, guess what companies are dominating the emerging internet sector in Myanmar, a country literally in china’s own backyard? China’s Silicon Valley is an internal concern that has nothing to do with the rest of the world.
  - SkyMarshal 9y ago
    >China’s Silicon Valley is an internal concern that has nothing to do with the rest of the world. This is pretty short-sighted and naval gazing, but I cbf to argue it. I'll just point out there are people with far more credibility than HN rando's demonstrating with their actions the opposite of what you're saying. [1] [1]:https://www.bloomberg.com/news/articles/2017-12-04/cook-kisses-the-ring https://www.bloomberg.com/news/articles/2017-12-04/cook-kiss...
    - seanmcdirmid 9y ago
      Actually having lived it for 9 years, I’m not speaking out of my arse.

thevardanian 9y ago

China will only cater to its own internal markets. It'll never have an international presence, because it lacks the globalized culture as of yet.

SkyMarshal 9y ago
China's internal markets are at minimum twice the size of the US and EU (or 3x-4x if you include the underdeveloped areas of the country). They can create a SV that's bigger than SV just by serving their own internal markets.