Silicon Dragon by Rebecca Fannin @R_Fannin summary

How China is winning the tech race. This book organized in 3 parts: the copycat, the venture capital and the innovator. My favorite is the innovator part. Good summary on internet who's who in China.
capital alibaba MA ecommerce Venture Internet start up JACK entrepreneur china
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Andi Boediman @andiboediman
Young Chinese techies draw up bizplan, get financing, scale to sizable revenues&profits and go public in US, called #SiliconDragon
Andi Boediman @andiboediman
Chinese entrepreneurs make the US look like it needs steroids - Jim Breyer #SiliconDragon
Andi Boediman @andiboediman
In China, the role model was Chairman Mao & now it's Jack Ma #SiliconDragon
Andi Boediman @andiboediman
Most innovation fr China is centered around process or biz model innovation, not disruptive technology #SiliconDragon
Andi Boediman @andiboediman
Win in China is like The Apprentice. Winners get up to 1.3mill for the startup fr VC for 50% stake #SiliconDragon
Andi Boediman @andiboediman
Silicon Valley culture: tolerance of failures & differences, free flow of information with no barriers #SiliconDragon
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When u r small, u use ur brain as ur strength - Jack Ma #SiliconDragon
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Major needs: buy car, insurance, accesories, maps, repairs & sell used cars - John Zhang http://t.co/PCrqeV0Z #SiliconDragon
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Surviving is all about cashflow and profits - growth and sustainable growth #SiliconDragon
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The key to Virgin telecom is owning customer base, providing services & getting recurring revenues #SiliconDragon
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Buy companies of intrinsic value with barrier to entry and nurture them - Joe Chen #SiliconDragon
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I can't predict the market will b in China, but we'll become bigger than Google - Robin Li Baidu #SiliconDragon
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The Net is about culture. U can't hv expats working on it - Zeng Ming Yahoo China #SiliconDragon
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I want to change history & influence individuals like we've millions of small biz on Alibaba - Jack Ma #SiliconDragon
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My inspiration was to run the largest online retailer in China - Peggy Yuyu Dangdang
Andi Boediman @andiboediman
Someone is going to b the Amazon of China & it's most likely going to b Dandang - David Chao DCM #SiliconDragon
Andi Boediman @andiboediman
We're behind fr d West, so we can cherry-pick & decide what to do & not to do - Peggy Yuyu #SiliconDragon
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Cars were the most imporrtant symbol of private ownership in China - John Zhang Chinacars #SiliconDragon
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Chinacars is an auto service portal, but it puts much effort into its offline business - Tangos Chan #SiliconDragon
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Cars are very popular subject among men in China & men r the heaviest Internet users - Jeremy Goldkorn #SiliconDragon
Andi Boediman @andiboediman
Doing startup can mean a lot of suffering - Fang Xindong Bokee #SiliconDragon
Andi Boediman @andiboediman
On a global scale, the pace of innovation is increasing & China is helping lead the way - John Doerr #SiliconDragon
Andi Boediman @andiboediman
Why wound I want to invest in China when VC is difficult enough in US - Guy Kawasaki #SiliconDragon
Andi Boediman @andiboediman
It'll be another 20 yrs b4 China moves up the value chain & reaches critical mass in cutting edge tech - Joel Dreyfuss #SiliconDragon
Andi Boediman @andiboediman
In China u've to accept that piracy is there. U try to minimize the losses & maximize the upside - Lawrence Tse #SiliconDragon
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