Comments on: Wilson Sonsini: VCs going to China & India at unprecedented rate http://venturebeat.com/2006/03/21/wilson-sonsini-vcs-going-to-china-india-at-unprecedented-rate/ News About Tech, Money and Innovation Mon, 23 Nov 2009 23:48:20 +0000 http://wordpress.org/?v=2.8.5 hourly 1 By: Wilson http://venturebeat.com/2006/03/21/wilson-sonsini-vcs-going-to-china-india-at-unprecedented-rate/comment-page-1/#comment-3790 Wilson Mon, 26 Jun 2006 06:33:11 +0000 http://venturebeat.com/vc/?p=1231#comment-3790 <strong>Wilson</strong> Features city administration, calendar, departments and services, and municipal code.Publisher of web, CD ROM, and pr... Wilson

Features city administration, calendar, departments and services, and municipal code.Publisher of web, CD ROM, and pr…

]]> By: Punit http://venturebeat.com/2006/03/21/wilson-sonsini-vcs-going-to-china-india-at-unprecedented-rate/comment-page-1/#comment-3789 Punit Tue, 04 Apr 2006 14:22:45 +0000 http://venturebeat.com/vc/?p=1231#comment-3789 India needs VCs and firms which can help galvanize investments in early stage startups. The Indian investors are shying away from tech startups, and focussing on infrastructure and services companies which are returning 30% plus on the investments every year. This has made it difficult for entrepreneurs to get funded. This is a positive development. India rising <a href="http://modhgil.com/1maverick/." rel="nofollow">http://modhgil.com/1maverick/.</a> India needs VCs and firms which can help galvanize investments in early stage startups. The Indian investors are shying away from tech startups, and focussing on infrastructure and services companies which are returning 30% plus on the investments every year. This has made it difficult for entrepreneurs to get funded.

This is a positive development.

India rising
http://modhgil.com/1maverick/.

]]> By: george cheung http://venturebeat.com/2006/03/21/wilson-sonsini-vcs-going-to-china-india-at-unprecedented-rate/comment-page-1/#comment-3788 george cheung Thu, 23 Mar 2006 04:50:21 +0000 http://venturebeat.com/vc/?p=1231#comment-3788 Even in the PE side, Suntech Power, with a USD $80 MM Investment is now worth USD $6.3 Billions. Even in the PE side, Suntech Power, with a USD $80 MM Investment is now worth USD $6.3 Billions.

]]> By: george cheung http://venturebeat.com/2006/03/21/wilson-sonsini-vcs-going-to-china-india-at-unprecedented-rate/comment-page-1/#comment-3787 george cheung Thu, 23 Mar 2006 04:40:40 +0000 http://venturebeat.com/vc/?p=1231#comment-3787 China is truly booming on the internet shopping side. Many people now understands online shopping and with it's mix of COD and Wireless Payments, there're a lot of opportunies. We're now helping 2 funds to raise monies for the China market. China is truly booming on the internet shopping side. Many people now understands online shopping and with it’s mix of COD and Wireless Payments, there’re a lot of opportunies.

We’re now helping 2 funds to raise monies for the China market.

]]> By: Penguin http://venturebeat.com/2006/03/21/wilson-sonsini-vcs-going-to-china-india-at-unprecedented-rate/comment-page-1/#comment-3786 Penguin Wed, 22 Mar 2006 15:52:23 +0000 http://venturebeat.com/vc/?p=1231#comment-3786 Interesting point raised above about the Chinese entrepreneur maturing, this group is perhaps the key unknown in this whole scenario. If indeed the Chinese bubble is build on a house of cards as I’ve mentioned above (what a terrible mixing of metaphors!!), then the resiliency of the Chinese entrepreneur will be a key factor in determining how bad (or not) the fallout is if the bubble bursts…or…um… if the house of cars collapse…or whatever. Interesting point raised above about the Chinese entrepreneur maturing, this group is perhaps the key unknown in this whole scenario. If indeed the Chinese bubble is build on a house of cards as I’ve mentioned above (what a terrible mixing of metaphors!!), then the resiliency of the Chinese entrepreneur will be a key factor in determining how bad (or not) the fallout is if the bubble bursts…or…um… if the house of cars collapse…or whatever.

]]> By: Brad Bowers http://venturebeat.com/2006/03/21/wilson-sonsini-vcs-going-to-china-india-at-unprecedented-rate/comment-page-1/#comment-3785 Brad Bowers Wed, 22 Mar 2006 11:59:12 +0000 http://venturebeat.com/vc/?p=1231#comment-3785 The promise in China, especially in regards to the Internet, are just too attractive to ignore, especially considering all of the various internet businesses that have the opportuinty to be successful in China (whether they be models that have already proved successful in the U.S., or new China-generated concepts). Consider these facts: > With only about 8% of their population online, China already has over 110M net users (and is well on its way to surpassing the U.S. in overall web users within a few years). > Total revenue from internet users in China is expected to increase 52.5% year on year to 286 billion yuan (USD $35.5B) in 2006. > Online ad spending surpassed that of magazines last year in China, reaching over $400M in sales. > Within approximately 2 years, China will have the largest online gaming market. > China is already the second largest worldwide market for automobile sales (with total vehicle sales projected to reach about 6.2 million in '06) The numbers are simply staggering, as are the opportunities. As Jerry Yang at Yahoo! put it: "China is the fastest-growing Internet market in the world, and it will be the largest Internet market in the world in a couple of years. The economic upside in China is too tempting for any company to ignore." Given all of this, China is also too tempting for most VCs to ignore. The promise in China, especially in regards to the Internet, are just too attractive to ignore, especially considering all of the various internet businesses that have the opportuinty to be successful in China (whether they be models that have already proved successful in the U.S., or new China-generated concepts).

Consider these facts:

> With only about 8% of their population online, China already has over 110M net users (and is well on its way to surpassing the U.S. in overall web users within a few years).

> Total revenue from internet users in China is expected to increase 52.5% year on year to 286 billion yuan (USD $35.5B) in 2006.

> Online ad spending surpassed that of magazines last year in China, reaching over $400M in sales.

> Within approximately 2 years, China will have the largest online gaming market.

> China is already the second largest worldwide market for automobile sales (with total vehicle sales projected to reach about 6.2 million in ‘06)

The numbers are simply staggering, as are the opportunities.

As Jerry Yang at Yahoo! put it: “China is the fastest-growing Internet market in the world, and it will be the largest Internet market in the world in a couple of years. The economic upside in China is too tempting for any company to ignore.”

Given all of this, China is also too tempting for most VCs to ignore.

]]> By: Helen Wang http://venturebeat.com/2006/03/21/wilson-sonsini-vcs-going-to-china-india-at-unprecedented-rate/comment-page-1/#comment-3784 Helen Wang Wed, 22 Mar 2006 11:00:32 +0000 http://venturebeat.com/vc/?p=1231#comment-3784 At a recent gathering at Stanford, Fan Zhang, the head of Sequoia Capital China, said there are opportunities to build empires in China now. Chinese domestic entrepreneurs are maturing, and they have seen 2nd time entrepreneurs. They are very creative in terms of business model innovation. I believe it must be a long term commitment for VCs to succeed in China. Anybody wants to flip money quickly will be disappointed. At a recent gathering at Stanford, Fan Zhang, the head of Sequoia Capital China, said there are opportunities to build empires in China now. Chinese domestic entrepreneurs are maturing, and they have seen 2nd time entrepreneurs. They are very creative in terms of business model innovation. I believe it must be a long term commitment for VCs to succeed in China. Anybody wants to flip money quickly will be disappointed.

]]> By: Penguin http://venturebeat.com/2006/03/21/wilson-sonsini-vcs-going-to-china-india-at-unprecedented-rate/comment-page-1/#comment-3783 Penguin Wed, 22 Mar 2006 09:52:41 +0000 http://venturebeat.com/vc/?p=1231#comment-3783 My sense is that China is a bigger bubble than India. There has been a lot of interest and enthusiasm around China, but not a greater degree of transparency. India is somewhat more of a free market system (particularly in the IT industry) and therefore it seems to me that whatever is built there is built on stronger economic principles. My sense is that China is a bigger bubble than India. There has been a lot of interest and enthusiasm around China, but not a greater degree of transparency. India is somewhat more of a free market system (particularly in the IT industry) and therefore it seems to me that whatever is built there is built on stronger economic principles.

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