What factors affect the potential for building large tech companies in the region?
“When discussing the potential for building large tech companies, opinions vary widely. Some argue that it's too challenging or outright impossible, while others point to China's success, noting that if China could achieve it, why not this region which comprises a quarter of China's economy? Acknowledging the immense challenges, it’s clear that overcoming them requires exceptional entrepreneurs. Despite the criticism directed at venture capitalists, they responsibly manage their investments and the funds entrusted to them. In this diverse economic landscape, some companies and people work harder, some have better judgment, and some have more luck than others. This diversity drives the overall improvement of infrastructure, payment systems, and logistics, thereby enhancing consumer choice and the quality of goods available.” - Jianggan Li, Founder & CEO of Momentum Works
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