William Bao Bean knows more than almost anyone about the Chinese internet. Currently the Managing Director of Chinaccelerator, a start-up accelerator based in Shanghai, William has been helping Chinese tech companies get started for nearly 15 years. He was one of the earliest and most plugged-in industry analysts, working at Deutsche Bank, Bank of America, and Bear Stearns, and he did private investing with Softbank China & India Holdings and SingTel Innov8. In this discussion, William talks about online travel, search, gaming, payments, advertising, and what it takes to compete on the Chinese Internet.