Gary Rieschel

Founder, Qiming Venture Partners
Shanghai, China

About Gary

Bio

Born and raised in Portland, OR. Was an avid, but unskilled, athlete, and never flew on an airplane before my 19th birthday. Worked my way through Reed College as a research biologist, and found myself heavily indebted after graduation. Joined Intel in manufacturing, enjoyed the work and shifted career from reserach biologist to business in the IT world. Attended business school and subsequently worked at Sequent, Cisco, and NCube in various operational roles, mostly sales and marketing. Moved to Tokyo, Japan in 1989, and made friends with Masayoshi Son, founder of Softbank, at a driving range. Subsequently convinced Cisco to work with Son/Softbank in creating a JV in Japan in 1994. in 1995, joined Softbank to head up Softbank's venture capital business. First day as a VC met with teams from US Web and Yahoo. Decided the VC world would be fun. Founded or helped start 9 venture funds between 1995 and 2009, including 4 funds in China. Retired from all the Softbank and Mobius funds in 2004, and moved with my family to Shanghai where we live today.

Languages

Chinese, English, Japanese

TED Conferences

TED2014, TED2013, TED2012, TED2011, TED2010

An idea worth spreading

China and the U.S. are inextricably linked in their future success or failure. There is no circumstance that can result in the U.S. being successful if China fails, and vice versa. As a result, it is incredibly important for Americans and Chinese to understand each other and the reality that each country faces. This is mostly clearly evident in issues related to climate change and the environment. We do not need to ignore wrong doings, but we do need to approach every discussion, on both sides, in the spirit of partnership and mutual success.

I'm passionate about

The intersection of China, U.S., Entrepreneurs, and Technology. Energy efficiency. Philanthropic efficiency. Encouraging people to experience the world, not just read about it. Life.

Talk to me about

Innovation in China, What you should know about China, water, education in the U.S., our responsibilities to help others less fortunate than themselves, making philanthropy more efficient.

People don't know I'm good at

Group travel planning, making different kinds of people comfortable with each other, helping kids decide where to go to college, forecasting disruptions to my travel plans!

Comments & conversations

Noface
Gary Rieschel
Posted over 3 years ago
William Gibson said "The future is here, it's just not evenly distributed yet." What futures have you seen that are here, but unrecognized?
Tim - great topic. some observations... a. most innovation is now in areas that have no legacy resources - so by definition, most of us in the US and wealthy countries won't see it. b. local local local...the future investment needs to be in the our local communities and the trades that support them. c. rent the future don't own it...sharing of assets will irreovcably increase in the future. Gary
Noface
Gary Rieschel
Posted over 3 years ago
We spend 3 billion hours a week as a planet playing videogames. Is it worth it? How could it be MORE worth it?
its what you said last year at TED....if the people involved really feel that they can make a difference, they will. How do we get our political leaders to realize that what they do in policy is little different than a game! is it based on more facts? No. Is it based on more altruistic behaviour? No. We are all living in a game! so how do we cooperate in "our" game to win?