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Re:Reid Hoffman and Peter Thiel in China [video] by rdl on Sunday August 23, 2015 @04:48AM (#10105052)
Well, there are a lot of highly valuable tech companies coming out of China. They're just not doing new things (0-1), but copying (mostly US) companies, often making them better.

Baidu, Alibaba, WeChat, Qihoo360, etc.

Although, tbh, Alibaba is pretty unique, and a lot of the video companies in China were dramatically different from stuff I've seen elsewhere. I think "China just copies" is overblown.

The China cheap-hw-production ecosystem is kind of a novel thing just by virtue of scale, too.

Re:Reid Hoffman and Peter Thiel in China [video] by Garthex on Sunday August 23, 2015 @05:04AM (#10105070)
I was under the impression that WeChat falls under the 0-1 at this point.[0] Although to be fair, marketplaces have existed for centuries. I suppose sometimes it's hard to tell where the line is. They're certainly innovating though.

[0] http://a16z.com/2015/08/06/wechat-china-mobile-first/