by Nicholas Mitsakos | Book Chapter, China, Economy, Technology, Writing and Podcasts
While it may seem tempting to target attractive market sectors and provide government-backed capital and direction, this typically does not end well. The efficient allocation of capital, demanding an appropriate return for given risks, is something private markets do extremely well. A handful of bureaucrats cannot match the collective wisdom of the capital markets, no matter how attractive the target.
by Nicholas Mitsakos | Artificial Intelligence, Book Chapter, China, Technology, Writing and Podcasts
WeChat has become the ubiquitous, full-service platform for communication and commerce in China. Essentially, the company has taken the mobile Internet and made it their own. The WeChat internet has a lot to admire — and emulate. While the United States sees big tech as a colossus that needs to be knocked down, the Chinese government saw tech companies as economic engines to be harnessed. They were right.
by Nicholas Mitsakos | Book Chapter, Writing and Podcasts
This article was written by Nicholas Mitsakos : Chairman and CEO at Arcadia Capital Group. Special thanks to Prof. Christopher Robichaud and Prof. Dana Born of Harvard’s Kennedy School of Government for their assistance in compiling this material, and their invaluable...
by Nicholas Mitsakos | Book Chapter, Writing and Podcasts
This article was written by Nicholas Mitsakos : Chairman and CEO at Arcadia Capital Group. Special thanks to Prof. Christopher Robichaud and Prof. Dana Born of Harvard’s Kennedy School of Government for their assistance in compiling this material, and their invaluable...
