We need money to stay online, if you like the forum, donate! x

rooshvforum.network is a fully functional forum: you can search, register, post new threads etc...
Old accounts are inaccessible: register a new one. x


China's startup rush
#2

China's startup rush

My advice:
You first need to understand the market. Do not put money or effort where you don't understand.

You want to join? OK.
First learn the language.
Quote:Quote:

Make a business plan and pitch it to whatever state authority is tasked with disseminating funds...
it's possible government bureaucrats who are not personally accountable for generating ROI but rather are getting paid simply to allocate a certain amount of $$$ per year will give you some change to play with.
You have NO IDEA how tough it is to get government funds. You need to know how.

Point #2 is a good one.
Quote:Quote:

Assuming you have some technical skills and speak Chinese, you could try and land a job as a product manager or business development manager at a startup which is trying to expand its offerings to the international market. You're not going to get rich this way but it would be a valuable experience that will help you advance your career
That is - the startup must be globally oriented, and you have to show global experience...

As per #3:
Quote:Quote:

Your best bet is to simply participate in the process, and come away with it as some kind of "expert" on the Chinese technology industry, which status you can then try to parlay into getting onboarded with a venture capital firm that invests in Asia
Sounds reasonable. However - VC is brutal. Just showing "experience" does not cut it. You need to bring an ACTUAL ADDED VALUE to the table.


That's my take on the subject.

"I love a fulfilling and sexual relationship. That is why I make the effort to have many of those" - TheMaleBrain
"Now you see that evil will always triumph because good is dumb." - Spaceballs
"If you strike me down, I shall become more powerful than you could possibly imagine" - Obi-Wan Kenobi
Reply


Messages In This Thread

Forum Jump:


Users browsing this thread: 1 Guest(s)