excellent site
www.tutou.com
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Sunday, November 14, 2010
Business - Internet - Groupon-type site
a deal-a-day Groupon-type sites
"Lashou.com", a Groupon-type deal-of-the-day site -> founder started this company after returning to China from Silicon Valley in 2000
"Lashou.com", a Groupon-type deal-of-the-day site -> founder started this company after returning to China from Silicon Valley in 2000
Business - Internet - China ( continued .... 2 )
( 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.
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.
Business - Internet - China
On November 5, 2010 , the San Jose Mercury News ran an article titled "Web Wars in China", below are some excerpts and thoughts
Competition is robust, fast, and unethical. -> survival of the fittest!
Silicon Valley companies have long eyed the massive internet market in China -> 430 million users
BingHao Cheng launched a social networking site two years ago, he named it Kaixin, or Happiness.
But he didnt have the money to spare to buy the domain name Kaixin, so he used kaixin001, which was not already owned ny someone else. After his company gained popularity, a rival swooped in and bought the domain name Kaixin, and redirected users of Kaixin001 to its site.
Thomas Chu, chief strategy officer at Kaixin001 says: "It's like a knife fight here."
Facebook co-founder Mark Zukerburg, who has talked about setting up operations in China, is studying Mandarin.
Another quote: Zhou Hongyi from Qihoo 360 (anti-virus software firm) says "The Internet in China is like a jungle."
Another quote: Si Shen, CEO of gaming platform PapayaMobile, says a major problem in China is the inability to trust new employees, who "could be spies for other companies."
Competition is robust, fast, and unethical. -> survival of the fittest!
Silicon Valley companies have long eyed the massive internet market in China -> 430 million users
BingHao Cheng launched a social networking site two years ago, he named it Kaixin, or Happiness.
But he didnt have the money to spare to buy the domain name Kaixin, so he used kaixin001, which was not already owned ny someone else. After his company gained popularity, a rival swooped in and bought the domain name Kaixin, and redirected users of Kaixin001 to its site.
Thomas Chu, chief strategy officer at Kaixin001 says: "It's like a knife fight here."
Facebook co-founder Mark Zukerburg, who has talked about setting up operations in China, is studying Mandarin.
Another quote: Zhou Hongyi from Qihoo 360 (anti-virus software firm) says "The Internet in China is like a jungle."
Another quote: Si Shen, CEO of gaming platform PapayaMobile, says a major problem in China is the inability to trust new employees, who "could be spies for other companies."
Monday, October 25, 2010
Business - Angel and Micro-venture Investing Gain Popularity
the recent rise of angel and micro-venture investing ---- involves individuals and small groups raising $1 million to $2 million to fund startups .
......excerpt from San Jose Mercury News article
......excerpt from San Jose Mercury News article
Jobs - Job Search - Useful Websites
Tech Job Listing Service:
"Dice.com"
Aggregates thousands of emplyment sites:
"indeed.com"
"Dice.com"
Aggregates thousands of emplyment sites:
"indeed.com"
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