William C. Kirby, F. Warren McFarlan, Tracy Yuen Manty
Harvard Business School (307075-PDF-ENG)
January 04, 2007
After graduating from Harvard Business School in June 2006, Ken Pao and Bill Li were ready to dedicate themselves to the Internet startup they had worked on since they stepped onto the business school campus. They moved to Beijing, completed their management team, received venture capital investments, developed joint venture partnerships, and set major milestones to create a comprehensive product launch for their social media website for the university market. On the day of their release, they suffered a setback from the Chinese Ministry of Education and were pushed to first place. It discusses the pros and cons of partnering with China’s government ministries, the ups and downs of entrepreneurship, and the many opportunities open to entrepreneurship in China today.
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