William Bao Bean by Fantake via FlickrWhy are technology companies from Asia seldom very innovative? William Bao Bean, partner with Softbank China & India Holdings, tells Business Week the explanation is pretty simple.
“You need something revolutionary to come along in the U.S. to really make an outsize return,” says William Bao Bean, a Shanghai-based partner with Softbank China & India Holdings, a $105 million venture fund backed by Cisco Systems (CSCO) and Softbank. In Asia’s big two countries, “you don’t need to make a revolution,” he says. “There’s low-hanging fruit to be had.
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William Bao Bean is also a speaker at the China Speakers Bureau. Do you need him at your conference? Do get in touch.
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