Tools

Explore

Videos Channels Figures

Atmrix

Tools

Explore

Videos Channels Figures

Atmrix

YZ

Young Zhao

09/21/24

@ EO

In 2015, I went to China with friends from Silicon Valley to explore business models, but our attempt to adapt a successful US model for local restaurants didn't succeed due to differing ecosystems.

Video

How I Gained 5M Users In Just 7 Months | OpusClip, Young Zhao

@ EO

How I Gained 5M Users In Just 7 Months | OpusClip, Young Zhao

09/21/24

Related Takeaways

Howard Schultz

06/04/24

@ Acquired

When entering China, we partnered with a local company, but it didn't align with our values, leading us to buy them out and operate company-owned stores instead.

Tikhon Bernstam

09/09/17

@ Y Combinator

I learned that many international startup scenes are trying to replicate Silicon Valley, but it's more effective to focus on niche markets and build supportive communities.

Hiroshi Mikitani

10/25/13

@ Y Combinator

Our only significant failure was in China, where a partnership with Baidu did not work out, leading us to withdraw from the market after mutual agreement to shut down the business.

Sam Altman

02/24/18

@ Y Combinator

I think the culture of entrepreneurship is spreading globally, with places like Beijing and LA developing their own startup ecosystems.

Y Combinator Cast

04/25/24

@ Y Combinator

The current funding landscape has seen a decline in local market-focused startups, with less emphasis on replicating successful U.S. models in international markets.

Vidit Aatrey

05/22/19

@ Y Combinator

The Indian startup ecosystem has evolved to focus more on local needs rather than just copying models from the US or China.

Sam Altman

05/06/15

@ Platzi Team

Instead of replicating successful U.S. startups in local markets, entrepreneurs should focus on solving local problems with innovative solutions that may not resemble existing models.

Ooshma Garg

09/08/18

@ Y Combinator

I had to swallow my pride and seek help from Adora Cheung during Y Combinator, which led to the launch of our 15-minute meal kit idea that transformed our business.

Ryan Petersen

08/30/18

@ Y Combinator

I lived in China for two years running a supply chain business, which helped me gain international experience and led me to business school.