More specifically, why are there hardly any twenty-year-old wunderkind entrepreneurs in China?
I pulled the last 10 China IT IPOs in the US, and found that the founders were 33 when they started their companies. At Innovation Works, the average entrepreneur age is also 33. We all know the Y Combinator or Ron Conway are funding younger and younger entrepreneurs in the Valley. What happened in China?
There are several major reasons why top Chinese entrepreneurs are 10 years older than their counterparts in the Silicon Valley:
- Chinese education tends to…