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Did China Just Kill Off The Ability For VCs To Invest In Startups There?
from the regulatory-death dept
Over the last year or so, it's suddenly become quite popular for many Silicon Valley VC firms to turn their eyes to Asia for investments, with China being a big, big target. Friends who either live in China or spend significant time in the country, say that the general feeling there is similar to Silicon Valley right before the internet boom (bubble...), so it's no surprise that venture capitalists are smelling the money. However, it appears that some in the Chinese government may have made investing there a lot more difficult with new regulations that have the money men running scared. Of course, the guys with the money don't give up easily, so it wouldn't be surprising to see some start trying to figure out loopholes and alternative ways to deal with this issue. Still, if the Chinese government is really cracking down on the easy flow of capital to Chinese startups, then that money will go elsewhere, and those startups will have a lot more trouble becoming anything significant.
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SAFE's overall impact on VCs may not be comprable to WOFEs partership utilising the AAC, of course making sure the MOFCOM are happy with the BCD's M&A.
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...and for those who don't use text-messaging as thier primary communication tool - what the hell did you just write????
(too many acronyms)
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Cool! TechDirt lets you do Mouse-over Titles.
SAFE's overall impact on VCs may not be comprable to WOFEs partership utilising the AAC, of course making sure the MOFCOM are happy with the BCD's M&A.
Here's how you would enter a title...
<A HREF="#" title="State Administration for Foreign Exchange">SAFE</A>
For comparison, here's how you would create a normal clickable link to e.g. google...
<A HREF="http://www.google.com">click me</A>
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Re: Cool! TechDirt lets you do Mouse-over Titles.
Thanks so much Pete!! :) very much appreciated
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As if legal funding exists?
You trust banking practices in China?
Everything's illegal or unethical to begin with. The system is designed to hoodwink outsiders so officals and businessmen can take the money and run.
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