Keyu Jin: belief

Transcript context

…The wine and dine and the evil competitors is an interesting challenge. That, in some maybe distant ways, akin to the problems of the Soviet Union, I think, I guess in the United States there’s less of that, and I don’t even know if that’s based on laws, because there’s a lot of lawyers in the US that could do the same kind of evil competitor stuff, technically. That’s true. The potential negative ramifications are there, but I think personal protection is a big difference. If you make a mistake, if your company’s not run well, you go to jail. I think that the US is much, much more tolerant on entrepreneurship, entrepreneurs on failure. Since we’re talking about it, there was a lot of controversy around Jack Ma “disappearing” reappearing a bit later, and there’s been sort of rumors of some tense relationships that he has with the Chinese government. What is important to understand about the whole situation? To what degree is it reflective of the issues entrepreneurs face in China?…

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