SXSW: Scoble, Kuo & Trunk: Ditch the Valley, Run for the Hills
Mar 24 2009
This SXSW panel was great from an entrepreneurial perspective, especially with Kaiser Kuo’s insight into Chinese entrepreneurialism and how American entrepreneurs can partner with Chinese companies to enter the Chinese market. Robert Scoble has the rockstar fanfare from the SXSW crowd, but I thought Kaiser Kuo was the real star on this panel from his insights.
My tweets for this session—-
In #sxsw session with scoble – ditch the valley and run for the hills
Mike maples jr invested in twitter in the beginning – it could have only started in the valley
Kaiser Kuo: the world is NOT flat. It’s spiky with major innovation centers like San Fran, Beijing, Boston, etc. It snowballs from epicenter
TechCrunch Britain editor says European culture stigmatize entrepreneurial failure, in America, it’s a vindicator
Maples: good chance the government of Cali will go bankrupt – in bad shape.
Bay Area has so much tech talent, but it’s more expensive to start a company and your talented employees leave for next best thing
love the intl perspective here – hulu.com was purchased company/technology of Chinese company – NBC monetizing 80% of video content now
chinese entrepreneurs are scrappy, super competitive, don’t expect to make huge traction immediately bringing your company there
the key to going into China is partnering w/ good Chinese business partner. China Inc. a good book
the key to going into China is partnering w/ good Chinese business partner. China Inc. a good book
I really dig Kuo – the Ozzy Osbourne of China – funding from VC is last resort – they take your first-born child. Brutal.
the entrepreneurs #sxsw seem to be really international, very intriguing
Silicon Valley is high-stakes poker. Erica, from audience, bootstrapped to $1 million in 6 years. Everyone wants to get there less 12 months
VC Maples suggests getting to cash flow positive. Kind of a no-brainer, but VC said 1 year ago to spend like crazy. Be consistent.
I like Penelope Trunk’s honesty – once you take VC money, you don’t have control of your co, not the hiring, not culture, nothing
@PDX_JP I can see #portland developing innovation around open source software and hopefully social media








