Will China?s 1999 Moment Bail-Out Some Valley VCs?

Yes, China is taking over the world. Or at least the Internet. No, this is not like the WE'LL-ALL-BE-WORKING-FOR-JAPAN-oh-nevermind scare of the 1980s. Why? Because China has more than 1 billion people. It already represents the largest online audience in the world and is less than 30% penetrated and has�Internet spending per capita that's less than one-third of the United States. That means two things are true that aren't usually true at the same time: It's a monster now and it's barely gotten started. The Internet-- more than any other industry-- is about building huge, mass audiences. China wins at that. Accept it.�You can't spend 15 years arguing size and eyeballs matter and not be impressed by what is happening in China right now.

IXYS ITRON IRON MOUNTAIN INORATED