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
“Best” is such a subjective word. One person’s “best” is another person’s “meh.” Sometimes, the word carries zero meaning as in “You’re the best.” With the New Year philosophizing out of the way, we can skip to the posts that kicked the hardest as determined by me — not the Google Analytics. 1. Tim …more
In this era of mega venture rounds — think SoftBank feeding $535M to DoorDash to make sure you can receive that dish of soft-serve yogurt without ever leaving your lazy boy chair — one can become cavalier about a startup securing a measly $100M in venture funding. Fortune even wrote a story in August called …more
I wrote an opinion piece in VentureBeat a few years back titled, “Attention U.S. Startups, Don’t Ignore China.” The punchline — Virtually every startup should have a China strategy. Fast forwarding to today, startups in the U.S. are starting to back off in China. This assessment isn’t based on data; it’s more anecdotal and a …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
