Editor’s note: Venture capital in China is in crisis as government guidance funds overwhelm the industry’s traditional modus operandi. In the first of a two-part series, we examine how these funds have disrupted the country’s investment landscape. In Part 2, we look at how the government is trying to resolve the problems.
In Depth: Venture Capital in China Flounders as State Takes Over (Part 1)
2024年12月27日 21:19
Onerous terms imposed on VC firms that manage the money of government guidance funds, along with an outdated evaluation system, are distorting investment, insiders say
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