If you’re not familiar with the “996” acronym in China, it stands for working from 9 a.m. to 9 p.m. six days each week. Jack Ma, founder of Alibaba, seemed to have hit a nerve last week when he remarked on WeChat: “I personally think that being able to work 996 is a huge blessing.” …more
One of the top VC firms in Silicon Valley, Sequoia Capital, has a message for its portfolio of startups and the rest of the startup community in Silicon Valley: Stop your bellyaching. Get your butt off the couch and back to working 24/7. If you don’t, startups from China are going to take your lunch …more
When we entered the China market in 1999, I shared with our staff that our long-term success in Asia depended on China. I no longer believe this. Instead, it’s clear to me that our long-term success on the international front depends on China. When we experienced turmoil in our China operation a few years ago, …more
