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Marc Andreessen: Beijing Should Be Another Silicon Valley, But….

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http://techcrunch.com – Marc Andreessen, the Netscape co-founder and namesake behind venture capital firm Andreessen Horowitz, said that he’s skeptical that efforts globally to recreate the Silicon Valley ecosystem will succeed. Even the most promising city and rival to the U.S.’s Silicon Valley, Beijing, faces lots of potential complications because laws around contracts aren’t as straightforward as they could be, he said. Outside of the U.S., Beijing is one of the cities that is able to consistently produce tech giants like Baidu (although Alibaba’s headquarters are in Hangzhou and Tencent (IT news)