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Startups in China: Welcome to the ジャングル! Samurai Venture Summit
ABOUT.ME [希雷 / シリル]
China 1,320,000,000 Beijing 0,94% 12,405,000
DYNAMICS 1M millionaires (USD) 41+ years  [missed revolution] 31-41 years [business minded] 12 - 30 years [natural users] 485M users  Tier cities Price sensitivity E-commerce Branding Entertainment  Lifestyle Average age online: China 24
BEHAVIORS EXPLORE ENTERTAIN EXPRESS CONSUME DISRUPT CONNECT SMART is the new sexy
ECO-SYSTEM ANGEL INVESTMENT 1000s INCUBATORS ZHONGGUANCUN ACCELERATORS SUCCESS STORIES VENTURE CAPITAL TECHNOLOGY VIE STRUCTURE POLICIES ENTREPRENEURS RMB FUNDS EARLY STAGE IPO M&A
ENTREPRENEURS RISK AVERSE LEAN EDUCATION EMERGING EXPERIENCE CHEAP OPEN SOURCE PRODUCT, DESIGN RETURNEES CHICKENS, NOT PIGS MONEY GET A JOB, IDIOT
Opportunities? Everywhere… 10’s 100’s 1,000’s
THREATS
INNOVATION Chinese startups went after the low hanging fruit first 	- Is the market mature enough for innovation? 	- Alternative business models, payments methods, verticals Culture and education are moving slowly 	- Role of University and Government 	- Strong cultural bias and openness Step-by-step process.  	- Market constrains = creativity 	- C2C (Copy-to-China)  Micro-innovations  Innovation
DIMENSIONS BUILT FOR CHINA DEVELOP IN CHINA OPERATE IN CHINA FROM CHINA  TO THE WORLD
@chinaccelerator See you in 大連!

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