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davidlee's profile
David Lee
David Lee
David Lee
@davidlee

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David Lee

@davidlee

work @refactor

Arts District, Los Angeles, CA
refactor.com
Joined May 2007

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    1. David Lee‏ @davidlee 22 Jul 2018

      Biggest takeaway from spending time with founders in Asia is they view America as “ROW” and 1 to N in Peter Thiel terms. Shockingly different mindset from past cycles.

      7 replies 22 retweets 131 likes
      Show this thread
    2. David Lee‏ @davidlee 22 Jul 2018

      “ROW” was “Rest of World” in big tech company speak. Almost a throwaway to core market, which was US

      2 replies 0 retweets 18 likes
      Show this thread
    3. David Lee‏ @davidlee 22 Jul 2018

      Crypto founders are native crypto - didn’t work at Alibaba, Kakao, Rakuten etc. Different mindset, no blind spots, beginner’s mind

      1 reply 0 retweets 23 likes
      Show this thread
    4. David Lee‏ @davidlee 22 Jul 2018

      I imagine same thing in bio or any emerging field. No baggage. No Asian deference to US. Pretty eye opening

      2 replies 1 retweet 17 likes
      Show this thread
    5. David Lee‏ @davidlee 22 Jul 2018

      New generation of founders have role models in Jack Ma, Mikitani, Jay Lee (Nexon) etc. Discovered best practices from US - all available online. Same infrastructure and substrate - sometimes. Only thing missing was capital.

      1 reply 1 retweet 30 likes
      Show this thread
    6. David Lee‏ @davidlee 22 Jul 2018

      There is also a more nomadic mindset - willing and wanting to travel to different parts of Asia routinely. Feels like the future as world becomes more distributed, not centralized.

      1 reply 0 retweets 32 likes
      Show this thread
    7. David Lee‏ @davidlee 2 Aug 2018

      The best founders also internalized from US that user trust is the moat. "Dont be evil" and "Connect the world" are ruthless business strategies, not an aspiration...

      2 replies 7 retweets 41 likes
      Show this thread
    8. David Lee‏ @davidlee 3 Aug 2018

      The best Asian founders beg for forgiveness later, just like the best US founders of the last cycles. Big advantage.

      3 replies 2 retweets 28 likes
      Show this thread
      David Lee‏ @davidlee 3 Aug 2018

      Founders in the US are now forced to ask for permission before (relatively speaking). Huge disadvantage.

      6:03 PM - 3 Aug 2018
      • 3 Retweets
      • 24 Likes
      • Dave Kuraguntla Florent Crivello weezy Web Surfer 🏄🌎 BreakingIntoStartups Rahul Ramchandani Askia Jones Brian Ratliff James Cassidy
      0 replies 3 retweets 24 likes

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