On February 26, 2007, as part of Stanford University's celebration of Entrepreneurship Week USA, three Stanford alumni, leading entrepreneurs in China, held an animated discussion on their successes, failures and key lessons learned, and on the challenges and pitfalls of startups in China.

The discussion, moderated by SPRIE Co-Director Dr. William F. Miller, featured Jack Hong (MS '91, '06), Principal and Founder of SN38; Derek Ling (MA '95), Founder and CEO of Tianji.com, and Min Zhu (MS '85), Co-Founder of Webex Communications and Partner at New Enterprise Associates.

Some of the topics covered were: leveraging of global resources; what entrepreneurs need to know about China right now; markets that are ripe for startups, and those to avoid; the vital importance of a good local team, and the difficulties the government can present to your start-up, from officials to ever-changing regulations.

The event was co-sponsored by SPRIE and the Asia-Pacific Student Entrepreneurship Society (ASES).