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restless young kids, who are in these countries that have enough economic and financial security, they can start building private sectors, all looking for things to do, all trying to serve markets that silicon valley is frankly never been good at serving. so, you know, it s a recipe for a lot of innovation. like, give me some examples. well, you know, i think the clearest one is to look at china. i mean, wave after wave of american and silicon valley companies have absolutely failed in china. we tend to think of silicon valley as still being the core of web innovation. the third-largest internet company in the world is a company called ten-cent that was started more than ten years ago out of china that has 400 million users and will probably be largest in the world one day. give me a sense of what they re doing. we re familiar with apple, obviously, we re familiar with the celebrity names of the past few decades. what types of problems are these global entrepreneurs solving? so

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