Warning: Use of undefined constant SCRIPT_DEBUG - assumed 'SCRIPT_DEBUG' (this will throw an Error in a future version of PHP) in /homepages/42/d89576731/htdocs/ydliu/wp-includes/formatting.php on line 4144

My Internet Notebook

a journal on software, mobile, marketing

Growing Venture Capital in China

leave a comment

Totally missed this news last week (1/9/2006):

China’s fast growing economy is expected to help the nation’s private equity market to double over the next three years to $10 billion, but competition is also rising.

Silicon Valley-based early-stage venture capital firm Doll Capital Management said on Monday it would expand in China with 4 billion yuan ($500 million) of planned investment there over the next decade. “China is an agent of change for (global) technological innovation,” said David Chao, a co-founder and managing general partner of DCM. Hurst Lin, COO of Sina will join DCM as a general partner, extending a trend where successful Chinsese entrepreneurs move to venture capital industry.

DCM will target Chinese companies involved in wireless services, outsourcing, semiconductors and digital media, said Chao.

Written by Y.

January 18th, 2006 at 2:56 pm

Posted in Business,China

Leave a Reply

You must be logged in to post a comment.