17 October, 2003

Doing business in China @ the speed of dumb

..........Ah, here we go. This article looks like it could be promising. It’s a presentation that Microsoft CEO Bill Gates and his billionaire buddy Warren Buffett gave to business school students at the University of Washington.

Ho ho! I think we might be on to something here. Just listen to how Gates described Microsoft’s strategy in China:

“Although about three million computers get sold every year in China, people don't pay for the software. Someday they will, though. And as long as they're going to steal it, we want them to steal ours. They'll get sort of addicted, and then we'll somehow figure out how to collect sometime in the next decade.......

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