via WikipediaSome great insights from William Bao Bean, VC at the China/India Softbank, triggered off by Thomas Crampton, He argues against the common cliche that Chinese companies do not innovate. While a Chinese Facebook is still far away, China has its own Sillicon Valley style garages.
To support his argument William cites a company that he recently joined, iTalki, as an example of a Chinese company innovating on a global scale. iTalki is a language exchange site with a global user base that supports more than 100 possible languages. While it does copy some good ideas from other sites, William claims iTalki is the world’s leading language exchange of its kind.William Bao Bean is going to be a speaker at my upcoming (new) speakers' bureau. If you are interested in having him as a speaker, drop me a line.
3 comments:
His comments would be more believable if he wasn't talking about a company he works for. What did you expect him to say?!?
There is a lot of innovation, just in different areas than what most Western media are looking at. Asia is ahead in the areas of IM (QQ is so much more advanced than MSN or anything else), Gaming, Virtual goods and so many other things.
Sure, a lot is copied, but that happens in every country. Just think of the number of Dutch facebook clones....
Just more advertisement here, nothing more.
If he was not a part of your speaker's bureau, would you label his insights "brilliant"?
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