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	<title>EIDUS.ORG &#187; Venture Weekend</title>
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	<description>Witness the World</description>
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		<title>Wokai, Venture Weekend</title>
		<link>http://eidus.org/2009/04/18/wokai-venture-weekend/</link>
		<comments>http://eidus.org/2009/04/18/wokai-venture-weekend/#comments</comments>
		<pubDate>Sat, 18 Apr 2009 03:56:26 +0000</pubDate>
		<dc:creator>daniel</dc:creator>
				<category><![CDATA[Change The World]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Venture Weekend]]></category>
		<category><![CDATA[Wokai]]></category>

		<guid isPermaLink="false">http://eidus.sg/?p=419</guid>
		<description><![CDATA[<p>Just met up with Casey and a little &#8220;focus group&#8221; of students from China (and one Chinese American) to brainstorm ideas for Wokai. We brainstormed a few ideas for marketing/fund raising- from allowing people to donate from their mobile phones, &#8230;</p>]]></description>
			<content:encoded><![CDATA[<p>Just met up with Casey and a little &#8220;focus group&#8221; of students from China (and one Chinese American) to brainstorm ideas for Wokai. We brainstormed a few ideas for marketing/fund raising- from allowing people to donate from their mobile phones, to gift certificates and how that would change things. After the meeting I&#8217;m more optimistic about Wokai: they&#8217;re looking to develop a Chinese version of their site, and looking to move more into China. They&#8217;re starting something which looks into microfinance in China. It looks good.</p>
<p>China is an interesting market; it has such an incredible government capable of bringing the country to incredible heights. Sometimes I wish I was in China instead- it would have been such an experience to have lived through the most explosive growth land of the 21st century, rather than have a front seat in witnessing the stumbles of a waning giant (i.e. the USA).</p>
<p>Am now sitting in Stanford&#8217;s Venture Weekend, helping out. Its pretty amazing hearing 20 people in the room do a startup- from brainstorming the idea (what they are doing now) to actually creating the product. Its also very interesting to see how the dynamics of the group work: the emergence of the leaders, the vocal ones, the clever ones, the ones who are obviously &#8220;tuning out&#8221;. It will be interesting to see how this all turns out at the end of the weekend.</p>
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