Today at TechCrunch Disrupt, DST co-founder and CEO Yuri Milner, talks about Internet is big everywhere in the world, especially in countries like China, Russia, Japan and South Korea. According to Milner:
…the pace of change is really accelerating. You can become very big very fast.
So how fast can that be? Let’s look at Sina’s Mini-blog, the Twitter clone in China. It’s growth is phenomenal. For instance, Charlene Choi, a pop singer in Hong Kong (see attached picture), has signed up an account with Sina 4 days ago. And now she already has more than 100,000 followers and average more than 1,000 comments per tweet! (Sina’s mini-blog has implemented a Facebook-like commenting feature)
That’s really freaking fast.
The scary part is that this Twitter clone still hasn’t gone mainstream yet. Given that China has more Internet users than the US now. I believe the network effects that we are witnessing in this country is only the tip of the iceberg. Will it be 10x more powerful? I don’t know. But more and more US startups are starting to pay attention to the rise of this digital superpower now.
One interesting fact: you actually cannot search for Google’s chinese name on Sina’s Mini-blog. Such a serious censorship software! 🙂
Entering any Asian market involves commitment, patience and hard work. If you are determined to expand your web business into Asia, echelon 2010 is the one Tech/ Startup event you simply can’t miss. echelon 2010 (formerly known as unConference Singapore) aims to be at the frontier of the Internet and web technology landscape, where the main focus will be in bringing together the top brass of the web technology industry from various parts of the startup eco-system to facilitate discussion on the hot topics in the web startup scene.
echelon 2010 features keynotes, panel discussions, case studies, pitching sessions and exhibitions spread out over 2 days over the following areas:
- Mentorship, Investments and New Funding Models
- Cloud Computing and Enterprise Web
- Social Gaming and Social Networking
- Mobile Applications and Location Based Services
- Product Management and Marketing
- Social Media and Online Marketing
- Startup Cultures and Lessons
- Indonesian Startup and Mobile Landscape
It also features impressive lineup of speakers this year, including:
- Dave McClure, Founders Fund
- Joichi Ito, Creative Commons
- Noah Kagan, Gambit
- Vishal Gondhal, Indiagames
- Rex Ng, 6waves <-- one of my favorite startups in Hong Kong!
- Aneace Hadded, Taggo
Below are the testimonials from some of the event attendants last year:
“UnConference 2009 was an awesome experience for the iTwin team. It provided us with the best possible platform to reach out to the enthusiasts, influencers and entrepreneurs of the Singapore tech scene. It was a great group of people to get inputs and reactions from. The feedback we got that day was a huge boost (and help) for us. I also credit UnConf 09 for setting in motion a favourable chain of events that helped us move iTwin forward significantly. Our best wishes to the e27 team for echelon 2010.”
— Kalyan Takru, iTwin
“First, the organizers, e27, did an amazing job of not only organizing this conference, but getting big-shots from Cisco, Google, Salesforce and Skype to come down and share their insights. This is above and beyond anything I’ve seen in KL, and great both in terms of exposure and education for us.”
— Chak Onn Lau, Foldees
If you are interested in participating in this huge event, you can register a ticket on this site.
Saw this interesting post, ranking tech companies by revenue per employee, on Signal vs. Noise and its following discussion. I wonder what the numbers will look like for tech companies in Asia. The findings are pretty interesting. Let me show you the numbers now:
(Note: 37signals has already mentioned that the ideal measurement would be using “profit and payroll” instead of “revenue and employee headcount”. It’s hard to get those numbers though. Still, these interesting numbers should give us a better idea at which companies are the most efficient.)
More established US companies:
Tech companies in China:
While I am not going to make any conclusions based on these numbers, one thing is pretty significant – the revenue per employee numbers of the Chinese companies are a lot less than the ones in the US. Because of technology? productivity? knowledge? Need to find out more about these in the future. 🙂
*UPDATE: I have updated the chart and table for the Chinese tech companies with correct data. Thanks for the reader in the comment section.