( continuing previous post on Internet business and state of the Internet market in China )
Quote: "It's like a gladatorial no-holds-barred fight to the death." .... Dan Brody, Google's first employee who now runs an Internet investment company in Beijing.
a deal-a-day Groupon-type site.
Some Silicon Valley Internet companies, such as Twitter and Facebook, are blocked by China's Great Firewall.
In China, government censorship rules. Some people suspect some of the Chinese government's behind the scenes moves are aimed at helping local companies edge out foreign ones.
But it is generally agreed that it would be wrong to blame the failures of Silicon Valley companies in the Chinese Internet market just on government interference. The intense, ruthless, and sometimes unethical competition in China, and the speed at which companies are started and change, creates a business environment that Western businesses, up to now, have not been prepared for.
It took Bo Wu, founder of Lashou.com, a Groupon-type deal-of-the-day site, five years to learn how to do business in China after returning from Silicon Valley in 2000.
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