In today's world, information and resources can be leveraged globally, and I do believe that even early stage companies should thinking globally from the very beginning.
• Firstly, some of the things happening in China are of great value to Silicon Valley startups as well as vice versa.
• Secondly, new opportunities can be discovered from thinking globally and acting globally. Some of our portfolio companies exemplify that US-based startups can actually find more traction in China. TrustGo, a U.S. anti-virus application, eventually became a top player in China and got acquired by Baidu.
• So I do think strengths lie on both sides of the ocean and if you can have resources to leverage both it’ll help the startups grow more healthily and efficiently.