PiPer Jaffray China Growth Conference
+8* ChinaPublished March 9, 2007 at 4:10 am Comments OffWe came back from the annual China Growth Conference organized by investment advisory Piper Jaffray with mixed feelings about the market: mobile has been tough last year, Internet is yet to develop revenue models, alternative energies and out-of-home displays are still hyped (though definitely interesting). The guest star might well have been the … education sector! Especially the company New Oriental Group, which is achieving stellar performance.
Attendees were, expectedly, mostly from VC firms and the exchange of information often limited to business cards, telling which sectors they invested in, which were their soon-to-be-IPOed-but-likely-delayed startups, and well-wishing for all.
Aside from the good quality panels, including an interesting users panel (even better than last year as Safa Rashtchy, Managing Director and Senior Research Analyst had greatly improved his knowledge of ground-level usage of the Chinese Internet), the keynote by Jack Ma, CEO of Alibaba was very inspiring in his no-nonsense ‘I do what I think will work and I aim at long term success’ perspective.


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