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takyon [soylentnews.org] writes:

Y Combinator to set up China arm with former Baidu executive Qi Lu as chief [cnbc.com]

American start-up incubator Y Combinator is setting up shop in China, with a new unit to be led by former Baidu chief operating officer Qi Lu.

Sam Altman, Y Combinator's president, said in a company announcement [ycombinator.com] Wednesday that China had been "an important missing piece of our puzzle" when it came to sourcing new start-ups to take under its wing.

"We think that a significant percentage of the largest technology companies that are founded in the next decade — companies at the scale of Google, Microsoft, Apple, Amazon, and Facebook — will be based in the U.S. and China," Altman said. "YC's greatest strength is our founder community and with the launch of YC China we believe we have a special opportunity to include many more Chinese founders in our global community."

Google's back in China [soylentnews.org]. Now it's time to do a search for entrepreneurs.

Y Combinator [wikipedia.org].

Also at CNN [cnn.com].

See also: Y Combinator invests in a build-your-own mac and cheese restaurant [techcrunch.com]

Related: The Basic Income Experiment by Y Combinator Draws Nearer [soylentnews.org]
A Startup is Pitching a Mind-Uploading Service That is "100 Percent Fatal" [soylentnews.org]

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