Did Facebook become a WeChat clone? – William Bao BeanThe first billion internet users entered the space using their PC´s. But the last four billion users will be mobile only, says innovation expert William  Bao Bean in Tech in Asia, talking about the MOX demo days. To reach those billions, innovation startups also has to be mobile.

Tech in Asia:

MOX is a program by SOSV, a US-headquartered venture capital firm that invests in seed- and growth-stage tech startups. The difference is, it’s doing so through its own accelerators. The firm also operates IndieBio for biotech, Urban-X for smart cities, Food-X for restaurants, HAX for hardware, and Chinaccelerator for internet software.

“In the US and Europe, you have one billion people who started using the internet on PCs,” MOX managing director and SOSV partner William Bao Bean tells Tech in Asia. “In China, one billion people will soon be online, first on mobile – the largest mobile-only population in the world. That’s the next billion.”

MOX operates out of Taiwan and is about what William calls “the last four billion” – specifically Southeast Asia, Eastern Europe, and South America. MOX partners with one of William’s local investee companies, GMobi, which offers smartphone advertising services and a payment platform.

More in Tech in Asia.

William Bao Bean is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers´request form.

Are you looking for more experts on innovation at the China Speakers Bureau? Check out this list.

William Bao Bean discusses how mobile payments are going to change the financial world

Please follow and like us: