Known for co-founding Netscape and the venture capital firm Andreessen Horowitz, Marc Andreessen recently made his thoughts clear on what seems to be a harsh skeptical outlook on international startup ecosystems. Reported by TechCrunch, he highlights the notion that acceleration programmes and the like should stick to geographic regions they know best. Beijing’s attempts to replicate Silicon Valley, he says, won’t work because each region has its own particularities. Pointing at the political environment, he says that although China is heading on par with the US economically, it’s still lacking the required transparency and fundamental laws for protecting workers. This, he notes, and “issues with IP integrity” makes him skeptical in seeing efforts succeed trying to replicate Silicon Valley. Although we might have seen promising Chinese startups being spawned like Alibaba, Tencent and Baidu, the system cannot sustain itself in the long-term.
To read the original article: Marc Andreessen: Silicon Valley is too hard to recreate | ventureburn
