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I'm not based in China, but I went to Shanghai on a trip 2 years ago and we had a long afternoon with Chinese investors and entrepreneurs. My takeaways were tha
by jlees 13y ago
I'm not based in China, but I went to Shanghai on a trip 2 years ago and we had a long afternoon with Chinese investors and entrepreneurs. My takeaways were that there is a growing investment and entrepreneurial ecosystem, but that the attitude is pretty different. A lot of the companies that investors prefer are pretty much Western ideas re-done for the Chinese market. I learned from doing user studies there on Google that there is a slight cultural pushback on "foreign" products, and so there's a big opportunity just to see what works in America and rethink it with a Chinese spin. I'm not sure how well a Western engineer would do trying to produce a Western style company there. Of course, I got the sense that things were shifting quite quickly and so it may well be different now.