# Thursday, August 30, 2012

Last week I traveled up to Shanghai, China to speak at the 10x10 event: bringing in 10 tech “pioneers” to speak for 10 minutes each to a crowd of entrepreneurs. I put pioneers in quotes, since there were 9 pioneers plus me speaking.

It was a great way to connect with the startup scene in China. The event was sponsored by Chinaccelerator, an early stage startup accelerator that has 10 companies in a cohort right now. I met with most of the 10 companies and was very impressed; most, but not all, were doing mobile or social media startups. People in the West understand that Facebook and Twitter are banned in China, but forget that there are local (but censored) alternatives.

The home grown Chinese versions of Facebook and Twitter are booming. The most popular being Weibo, which is the “Chinese Twitter.” There are just as many Weibos as there are Tweets and most of the companies in the accelerator are trying to leverage that. (Just a side note, my Weibo account is: SteveForte.)

Some of startups consisted of only Westerners, some were only local Chinese, and some were a mix. I am mentoring one company that has a local Chinese co-founder and an American co-founder.

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The sessions were great. One of the speakers said that Silicon Valley is about making money and that China is about acquiring users. While there may be 500 million internet users in China, most don’t have a credit card and only access the internet on their mobile phone or at an internet café. I find the similarity in the rush for users in China to the thinking of the startup and investment community in the USA in 1999 striking. That said, it is great to see so much action going on.

I did my talk on the “New New Startup Economics” which was about how it costs much less to start your business today than it did a few years ago and an order of magnitude less than 10 years ago.

Here are my slides:

 
posted on Thursday, August 30, 2012 4:35:33 AM (Eastern Daylight Time, UTC-04:00)  #    Comments [0] Trackback
# Friday, August 17, 2012

While I was in London last week, Telerk’s UK Country Manager and I took some time to visit the Google Campus, a massive co-working and startup incubation space. There are six floors of co-working space where you can apply to be a resident if you are a startup based in London and an awesome cafeteria/coffee shop where anyone can come in for the day. On the top floor is Google’s offices. Even though Telerik has a London office, we registered online and spent a day working at the co-work space, mostly to get a feel for the co-work space and check out the scene. (Also, Telerik’s KendoIU was featured at Google I/O 12, so we figured we should give Google some love.)

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The co-work space was very cool. From the moment we walked in there was a buzz of energy. Lots of meetings going on, people nose down doing work, and of course playing fuzz-ball.

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Besides the co-working space, Google is also deeply engaged and helping build a startup community in London by providing mentoring programs, speaker series, networking events, and all other types of startup support, open to the public. It is great seeing a large tech company helping build a startup community, I hope to see more companies do the same. (Hint Hint Google, Microsoft, Apple in Hong Kong. Smile )

If you a startup person and are passing through London, make sure you drop by. My favorite thing: the Android “Player.”

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posted on Friday, August 17, 2012 3:36:59 AM (Eastern Daylight Time, UTC-04:00)  #    Comments [1] Trackback