Can China overtake Silicon Valley in the next few years? by Bill Gurley
Answer by Bill Gurley:
This is not a zero sum game. They have a wonderful advantage in that China will become single largest market in the world. Moreover, it is quite apparent now that the level of executive talent and investor talent are just as high in China as rest of world. That said, it is not apparent that these activities take away from opportunities that exist in Silicon Valley. Most of Silicon Valley wealth has not been built extracting dollars from China economy.