Re:YC China and Qi Lu
by seanmcdirmid on Wednesday August 15, 2018 @03:02AM
(#17764217)
China's internet market is closed off, not its hardware product one, so Intel still sells a lot of CPUs in China, while DJI sells plenty of drones outside of China and Xiaomi and Huawei even sell phones abroad like Apple can sell phones in China. If you count those as success and proof China is open, then that is definitely your prerogative.
But take the typical YC startup business models, most of those aren't going to be in those safe categories.
Also aren't we talking about tech company? Not internet company alone?
Or do you consider a market closed off if no foreign internet service company is doing well? In that standard US is also closed off because I can't think of a single successful non US internet company here.