Amazon helps Shenzhen ex-Googler turn mom’s money into a billion


  • TECH
  • Monday, 21 May 2018

An employee walks through a hallway at the Anker Innovations Technology Co. office in Shenzhen, China, on Friday, May 18, 2018. Anker sells products ranging from smartphone chargers to portable power banks on Amazon.com. and it's getting even bigger after recently reaching a deal to put products in almost 4,000 Walmart Inc. and 900 Best Buy Co. stores in the U.S. Photographer: Qilai Shen/Bloomberg

After Steven Yang left his coveted job at Google, he asked his mother whether he should take venture-capital money to fund his business idea. 

If his online consumer-electronics enterprise was a risky bet, she told him, go with the venture capitalists. But if building the business into something great was his destiny, he instead should use her money from a pharmaceutical career in China. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Lawsuit against Meta asks if Facebook users have right to control their feeds using external tools
Nvidia supplier SK Hynix says HBM chips almost sold out for 2025
AI helps avalanche predictions in the Swiss Alps, study finds
Google stopped more than two million malicious apps getting into the Play Store in 2023
Chipmaker Wolfspeed forecasts quarterly revenue below estimates as EV sales growth slows
Cognizant first-quarter revenue beats estimates on steady spending by clients
Etsy misses first-quarter sales, profit estimates on lower discretionary demand
EBay forecasts Q2 revenue below estimates as consumer spending remains strained
Analysis-Tesla's restructuring hits executive bench hailed by Elon Musk
Abu Dhabi AI company Presight takes majority stake in tech venture AIQ

Others Also Read