to enter the market China beat Chinese, the U.S. market is to beat the Americans – many in the United States and the first generation of Chinese entrepreneurs fell into a loss of embarrassment.
text / Chen Chen
titanium media note: Silicon Valley is not only the main position of Google, apple and other technology giants summoned, but many start-up companies (start-up) become the cradle. Here, a start-up company not only to recruit top engineers, but also from the community to use Silicon Valley incubator, to the training and investment fund, ecological system and a series of business facilities and complete. In Silicon Valley many start-up entrepreneurs, has no shortage of Chinese figure, these Chinese entrepreneurs are mostly 70- 80, from education to the qualifications are quite good, they struggle to middle-aged or active or passive to embark on the road of entrepreneurship.
looks like nature itself advantages, these Chinese entrepreneurs in the United States start the situation in a foreign country? What problems they encountered and how to face and solve? Therefore, titanium media invited Silicon Valley F50 ventures and Silicon Valley entrepreneur community founder David Cao, to chat with Silicon Valley investors in the eyes of Chinese Entrepreneurs:
starting point, from the returnees China to return to the United States
"in recent years, more and more I observed an interesting phenomenon, the relevant business of first generation Chinese immigrants in the United States, I called them" in the cracks of the entrepreneurs’, that these startups often beat Chinese in Chinese market, and beat the Americans in the American market." David Cao for the first time to tell me that, I was quite a bit surprised, can not help but ask.
first of all, it is necessary to define the "Chinese entrepreneurs in the United States," a typical group. Here refers to 70- 80 as the main body of the first generation Chinese immigrant entrepreneurs, these people are often based on science and engineering professionals, come to the United States after graduation, worked into the Silicon Valley famous IT company to obtain a master’s degree or doctorate, after solving the problem and the green card has accumulated sufficient technical expertise but suffered a glass ceiling, this time in recent years, they are part of a middle-aged people will choose to accept the status quo, enjoy life, while others are unwilling and commonplace, so have the resignation of entrepreneurship.
since entrepreneurship involves site selection problem. In fact, from 2008 to date, the Chinese in the United States in the choice of entrepreneurial sites experienced a series of changes from the return of the tide to the u.s..
2008 to 2012, when it comes to entrepreneurship, almost all Chinese entrepreneurs in the United States will choose to return home without thinking, there are many reasons for this phenomenon, many Chinese second tier city have come to the United States for investment, such as the Suzhou Venture Competition held in Silicon Valley, given to the winning project 50-200 million yuan venture financial support and supporting policies; there are many large domestic.