categories
HOT TOPICS
- The Accelerator Conundrum
- The Startup Velocity Question
- Platform as a Service
- Man and Superman
- Web 3.0 = (4C + P + VS)
- The Future: End of Capitalism
- Capitalism 2.0
Doll Capital Management
Venture Capital in China: David Chao of DCM (Part 7)
SM: Was there something I should have asked you but didn’t? DC: I would like to add some thoughts on innovation. I think in certain cleantech markets, China might be ahead of the curve. There are fewer regulations in China. If Menlo Park were going to put a smart energy grid storage in place, residents would most
Venture Capital in China: David Chao of DCM (Part 6)
SM: Seeing where it has been, where is innovation in China going? DC: In the cellular space they did it right by relying on open technologies, and innovation will continue there. They did not have anything native, so they had to rely on Motorola and Nokia, as well as an OS like Symbian.
Venture Capital in China: David Chao of DCM (Part 5)
SM: India has remained the IT back office. The best product company out of India is Zoho, which did $60 million last year as a fully bootstrapped company. That seems to be the best India has done in terms of product and innovation. DC: We were the seed and first investors in Sling Media, which
Venture Capital in China: David Chao of DCM (Part 4)
SM: I am intrigued that I have not heard you speak about bootstrapped entrepreneurship in China. It has been a very strong outsourcing destination for the manufacturing industry for several decades. There must have been a solid bootstrapped entrepreneurship ecosystem during that period, right? DC: In China there is a whole other world of traditional
Venture Capital in China: David Chao of DCM (Part 3)
SM: What percentage of your deals are China or Asia deals? DC: Today it’s 40% to 45%.
Venture Capital in China: David Chao of DCM (Part 2)
SM: What was your next step after deciding that you could not stand on the railroad tracks any longer? DC: I immediately resigned from McKinsey and started a company called Japan Communications Inc with three other co-founders. It is the first and largest mobile virtual network operator in Japan.
Venture Capital in China: David Chao of DCM (Part 1)
David Chao is the co-founder and general partner of DCM. He has been active in the information technology industry since the 1980s. At DCM, he guides portfolio companies in formulating corporate and product marketing strategies, developing strong management teams and implementing domestic and international partnerships. SM: Let’s start by talking about your background. What experiences
