Two years is a lifetime in China's digital communications and
technology entrepreneurship market. What's happened to the start-ups I
profiled in my book Silicon Dragon? Plenty!
There have been some big hits, particularly among those earliest to the market. But there have also been more disappointments and delays than investors would have expected two years ago, during the height of the China venture bubble. Many of the start-ups that were poised to go public or break through haven't--yet.
But with the Chinese economy on the rebound and entrepreneurs and investors gaining more experience in managing PRC start-ups, expect a second round of action. It will be different from the first, with more local winners rather than Silicon Valley-groomed start-ups and a broader array of successful companies in biomedical, clean tech and consumer goods--not just the Internet and wireless communications.
To read the full, original article click on this link: 'Silicon Dragon' II - Forbes.com
Author: Rebecca Fannin
