Where are the Most Promising VC Investment Opportunities in China? - with Tina He and Adam Bao

The Harbinger - China Tech & VC Podcast

Rapid fire Q&A with Tina He and Adam Bao. Covers China VC trends and opportunities across consumer internet, education, enterprise, AI, China <> US, and more. Full transcription at: http://www.theharbingerchina.com/blog/where-are-the-most-promising-vc-investment-opportunities-in-china TL;DR 👇🏻 - Wechat's ecosystem offers a new playground where customer acquisition cost is extremely low, so there's a lot of new opportunities here to leverage this distribution channel. - Ed tech in China is booming with people's eagerness to learn as well as the companies' capability to monetize through paid content. Accessibility of knowledge and information becomes huge because more and more people feel anxious that they'd be left behind. - Mobile first payment has made transactions within products extremely seamless and easy. - Enterprise software is still in its early stage because companies are unwilling to pay, but tons of opportunities in the future as small companies are undergoing rapid growth. - Competition is super fierce in China with major big players (counterparts of FANG in the US)... incumbents have a lot of power! There are so many peeps in China that a specific TAM can be a lot larger than people expect— serving a targeted niche market or coming up with a creative business model are great ways to stand out. - The startup ecosystem is truly becoming global — more VCs are coming to China and Chinese VCs are also encouraging talents in the US to found companies in China.