Hatched Airbnb other "unicorn" after YC said it would focus on China

Get up early morning, Adora Cheung will be through the "Wall Street Journal" for the most play girl games recent news of the day, followed by the United States Y Combinator (referred YC) headquarters calls for being there incubator startups to provide some guidance, in the afternoon it is usually to meet the technology industry each in the field of entrepreneurs and investors. Of course, she will spend a lot of time to learn science and technology AI (artificial intelligence), VR (virtual reality), robots and other cutting-edge technology. In her view these are likely to become the future of the air field of entrepreneurship. As a part-time partner of well-known Silicon Valley start-up incubator YC from last September to now, Adora has spent six months in China, and this is her most basic daily work content. In order to better observe and understand the Chinese market and business environment, Adora in six months, respectively, visited Beijing, Shenzhen, Guangzhou, Shanghai and other emerging entrepreneurial boom city. Her only one purpose, "would like to spend more time to help those who want to enter the founder YC hatching, so that more Chinese can go to apply YC founder." Back in 2005, the "Father of Silicon Valley venture," said Paul Graham single-handedly founded a start-up incubator YC, thus rewriting the old order of Silicon Valley entrepreneurs and investors, create a new template venture. The famous Dropbox, Airbnb and other companies is YC masterpiece. It is understood, YC hatch out of the total value of the companies have more than 65 billion US dollars. Of course, in addition to the United States start-up companies, many from Europe, India, the entrepreneur will apply to join the YC project. YC has a long incubation global project, divided into two annual spring and winter. Adora told Artesyn Technologies, last year a total of more than 200 business projects were added to YC, in winter there are 136. This summer, YC intends to recruit more potential start-up companies. And now, this incubators began to put in more attention to the Chinese market. "This is the first time we take the time to focus on one country." In an interview Tencent Technology, Adora said. According to data recently released World Bank estimates, China's economic growth last year, the global economic growth rate reached 26.1%, boosting global economic growth of 0.625 percent, ranking first in the world; The mobile data service providers QuestMobile released a report, As of December 2015, China in the net number of active mobile intelligent devices reached 899 million, almost caught up with the sum of the population in developed countries - the level of rapid economic growth, improve infrastructure and mobile devices, creative entrepreneurs and China start-up companies, which are the main reason for China to attract YC begun to focus on. Adora according to plan, by the application of Chinese companies will start to Silicon Valley incubator three months. Adora stressed, YC will not have the background of the applicant have any request, those companies pay more attention to the team's fighting spirit. "Because we found that the leading cause of death in start-up companies is co-founder of coexistence between the management or disharmony," according to Adora's words, there is no "chemistry." In addition YC part-time partner, Adora has another identity worthy of concern that the United States domestic O2O company Homejoy founder. The company had suffered lawsuit last July, which led to the closure obstacle to financing. But Adora told Artesyn Technologies, her brother Aaron (Homejoy co-founder) is preparing to re-open this domestic companies, and give it a new name "Homeaglow". As Adora himself, but she felt more like an entrepreneur, not an investor. "In the future you may do some other things, I'm still in the decision." Adora said. The following is an interview with Tencent Technology finishing key content to readers: YC startups want to help more Chinese growth Tencent Technology: Your trip to China is mainly what is the purpose? To open an application heard YC startups to China, what specific way? Adora Cheung: I have come here mainly to understand China's business environment, with the side of entrepreneurs and investors in-depth exchanges. We come here later found many great entrepreneurs, they have a very good innovative ideas, I would like to help these Chinese entrepreneurs. YC is the best incubator of the world, we hope to have as many Chinese entrepreneurs to apply for the play Angela Games YC project (http://www.ycombinator.com/apply/). YC incubator project is divided into two annual summer and winter, the face of China's entrepreneurs is the project this summer. Chinese start-up companies can apply together with companies in other countries, but we will pay special attention to Chinese companies. Long three months of the incubator project in Silicon Valley, we will help them to butt the world's top investor with a three-month try to counseling entrepreneurs. YC is a very patient, long-term vision of the incubator, so I will not soon realized immediate project, will spend a lot of time to go and help some of the more science fiction, such as AI (artificial intelligence), VR (virtual reality), Gene nuclear class project. Tencent Technology: The most impressed YC YC willing to come and so what is the most important reason China is? Adora Cheung: There are a lot of Indians in Europe and apply to join the YC project, but this is the first time we take the time to focus on one country (China). I think Chinese entrepreneurs, many companies are very creative. This is the world's fastest growing economy (body), here's infrastructure is perfect. Including mobile infrastructure, mobile devices in China is a priority in the United States you have to do a thing, you might first think computers, mobile phones do, but China directly to the mobile phone. I think that the Chinese great place, such as a mobile payment system, here directly with the micro-channel, Alipay, Applepay, but in the United States, because the credit card, banking institutions is very strong, so the old rules no way to quickly get rid of being but here on a lot of flexibility, you can step. China in many ways is actually quite leading. Such as government-oriented side of the head is also relatively strong, relatively strong action. Tencent Technology: YC spawned many excellent start-up companies, and China's many incubators as a model, you can share with YC successful experience? Adora Cheung: YC there are two points I think it is very efficient. The first one is our mentor system. All of our instructors are basically more successful founder, they know how to start-up companies from "0" to do "1." The second is our alumni system. All from YC graduated alumni who will form a system, there are a lot of communication play Barbie Dress Up Games between them, including the private forum, will do a lot of communication through online collaboration platform. They are closely linked, they will help each other. Now we have 2400 from founder YC. Some examples, such as the founder of some companies will encounter some technical problems, their team is no solution, the founders of these companies will send a message to all YC alumni network who will basically get a reply, other alumni will help you solve this problem, and sometimes there will be special alumni ran in your company inside two days to help you put this thing to get. We have a term called the office hour (office hours), the YC internal entrepreneurs, which means you can spend the time and YC partner to go talk to these partners have a lot of resources, both record industry, you can help a lot. YC good thing, after the end of the incubation period, does not mean you can not talk to these partners talked, there was still a lot of office hour, you can always go to an appointment. I think this is very special, YC is a unique thing. Third, we have a lot of very successful incubator project will attract a lot of powerful investors to our demo day, this can help start-up companies. Our process is three months of incubation, which have a mentor, there is training, to do the project, polished products, after the end of three months, there will be many investors to demo day, they are the world's top investors, you have great likely to get top help. AI, VR is the future entrepreneurship outlet Frozen Games - Juegos de Frozen - Jogos de Frozen - Permainan Frozen - Игры Холодное сердце
Giochi di Frozen - Frozen Spelletjes - Gry Kraina lodu - Elsa Spiele - Jeux de Frozen - Elsa Oyunlari Tencent Technology: your understanding of the Chinese business environment is like? Adora Cheung: Because Homejoy do O2O, so I will look at many of these projects. Something from the use of these products to the high school, compared to the company directly or go to their founder and talk to learn more, I think in China this one-line services better efficiency than the United States, such as food delivery speed much faster, while urban density is much higher than the United States. Again, I saw a lot of cool hardware products, especially in Shenzhen. For example, I see a lot of artificial intelligence project, I feel quite interesting. But I have not figured out how to commercialize it, I very much hope that this part of YC helps entrepreneurs, is a sense of innovation, but these people have not found a way out of business. I think this one takeaway in the Internet world are the same, the first to enter the price war, under intense circumstances, small start-up companies is basically no chance, unless someone can come up with some special innovative ways to subvert the market, but I am now in the world has not seen such a project. This is the biggest difference between China and the United States Food Express O2O field. US start-up companies will spend a lot of energy to keep those who go nuts express delivery, allowing them more efficient. But in China this is already well developed and efficient, so the operation of these business people will get to spend more time on the user.