Over the past few years, China has led a huge shift from the investment and exports-led growth model to one fueled by domestic private consumption. To boost the consumption-driven growth and promote inclusive finance, Chinese authorities loosened rules for private consumer finance companies that encouraged innovation in internet-based consumer financing.
I like Y Combinator, a lot. In fact, I’m kind of jealous of Y Combinator. They have an amazing team, breathtaking network, $700M — $1B+ fund (depending on who you talk to), and the top founders from infinity and beyond banging down their doors to become part of that world…
Recent AI squabbles are distracting and completely unhelpful. To our benefit and to our peril, technology has become a mantra, a hurrah–word, and often is seen as the balm to all our problems. In most environments, engineers take the stance with technology of ‘the more the better’, and ‘it’s all about how you use it’. Especially in…
Soon, AI will be taken more and more for granted as a foundational building block of technology. For future startups, that means that AI will almost certainly be essential to their solutions, and questions will be raised if it’s not. But I don’t share the view that VCs should assume every startup will use the best…