Indiegogo is helping Chinese startups come to the United States

TECHi's Author Michio Hasai
Opposing Author Techinasia Read Source Article
Last Updated Originally published December 9, 2015 · 6:20 PM EST
Techinasia View all Techinasia Two Takes by TECHi Read the original story Published December 9, 2015 Updated January 30, 2024
TECHi's Take
Michio Hasai
Michio Hasai
  • Words 94
  • Estimated Read 1 min

Just as American companies tend to have a hard time breaking into the Chinese market, so to do Chinese companies trying to break into the American market. This is especially true for startups, which is a damn shame considering all of the interesting startups that China has given birth to in recent years. Indiegogo couldn’t agree more, which is why the crowd-funding website has launched a new pilot program that it hopes will be able to help Chinese startups overcome the challenges they face when trying to launch in the United States. 

Techinasia

Techinasia

  • Words 246
  • Estimated Read 2 min
Read Article

Indiegogo is set to reveal a program to help Chinese hardware startups launch in the US. The pilot program – the first of its kind for the crowdfunding site – will see 10 to 15 Chinese teams selected, explains Indiegogo’s Ben Bateman to Tech in Asia. “The goal of this program is to meet the unique challenges of Chinese companies launching into the US market,” says Joanna Wei, Indiegogo’s “China evangelist” in Beijing. The final list of Chinese gadget startups accepted into the program will likely be revealed during the course of CES 2016, which is on January 6 to 9 in Las Vegas. The first batch will be teams preparing to launch during the first three months of the new year. The second phase will focus on products coming out during Q2. “The pilot will focus on a small number of companies to begin with, but we hope to expand the program later in 2016,” Joanna explains. Indiegogo will be aiding the young teams with “increased level of support to help coordinate these launches,” she adds, including things like campaign design, marketing tips, and ad buying. While some of the assistance comes for free, other aspects will require a fee and be performed either by Indiegogo itself or third-party firms that the site connects the startups to. Indiegogo hasn’t yet finalized what will be free or paid within the China pilot program, Ben says.

Source

NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.

Balanced Perspective

TECHi weighs both sides before reaching a conclusion.

TECHi’s editorial take above outlines the reasoning that supports this position.

More Two Takes from Techinasia

What makes WeChat so much better than other messaging apps?
What makes WeChat so much better than other messaging apps?

It's almost as hard for Chinese companies to break out of the country as it is for Western companies to…

Alibaba wants to bring e-commerce to rural areas
Alibaba wants to bring e-commerce to rural areas

Somewhere around 600 million people live in the Chinese countryside, and Alibaba has spent years trying to turn them into customers.…

Chinese consumers are tired of all these iPhone clones
Chinese consumers are tired of all these iPhone clones

Chinese companies used to be able to make some serious cash by creating a decent iPhone clone and then selling…

Xiaomi is considering going public
Xiaomi is considering going public

Xiaomi is second only to Uber in terms of how much people are anticipating its IPO, and although CEO Lei Jun…