Mobile will replace the computer in China. “To give you an order of magnitude, Chinese people exchange about 70 billion short messages – in a single month,” says Bruno Bensaid.
Based on the number of subscribers alone, China is definitely the number one mobile market in the world.
The Chinese people “are actually much earlier adopters than we think,” Bensaid continues. And there’s an explosion of apps for all sorts of phones in China.
The mobile market is huge, but is it profitable for startups and angel investors?
What’s the legal, operating, and funding environments like in China?
Did you know that the moment that a Chinese company accepts one penny, or one yuan, from a foreign investor, the status of the company could change radically?
Bensaid addresses these popular questions and many, many more in this interview.
If you’re a tech startup thinking of breaking into China’s humongous marketplace, or an investor itching to invest in the innovation hub that is China, you definitely don’t want to miss this information-packed series where Bensaid generously imparts his expertise in the mobile and Internet market in China.
Having had a vision that China would emerge as a technology and consumer powerhouse 15 years ago, Bruno Bensaid decided to learn Chinese and move to China. Ever since, he’s been deeply involved in China’s tech industry and has taken on various roles to help not only China, but also Europe and US’s startup and investment community.
As an angel investor, Bensaid primarily invests in young ventures through AngelVest, an angel group based in Shanghai, China.
As a mentor for a number of startup development programs, the latest one being Dave McClure’s startup accelerator 500 Startups, Bensaid helps incubated companies understand the Chinese marketplace and attract investment capital.
As a founding partner of Shanghaivest, Bensaid provides fundraising and strategic advice to early stage companies as well as fosters cross-border M&As between Chinese and European companies.
Bensaid is also the founder and organizer of Mobile Monday Shanghai, the most developed mobile industry-related community and event organizer.
What You’ll Learn
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