Jerry Yang, Co-founder of Yahoo! and founding partner of AME Cloud Ventures, discusses the early days of Yahoo!, lessons learned, what American entrepreneurs can learn from China, and thoughts on early stage investing.

Jerry Yang, Founder and former CEO of Yahoo, orchestrated arguably the best deal in tech history: In 2005, he arranged for Yahoo to invest $1 billion for a 40 percent stake in fledgling Chinese ecommerce site Alibaba. During the interview, Jerry conducts a postmortem for Yahoo’s China strategy, and offers advice for U.S. tech companies looking to expand into China.