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The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

But it wasn’t until 1998 that corporate-backed VC firms could be established, and that started a wave of VC funds backed by government, corporate and foreign capital. Fast forward a decade, today the Private Equity and Venture Capital business is booming in China with over 1000 firms actively investing.

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The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

But it wasn’t until 1998 that corporate-backed VC firms could be established, and that started a wave of VC funds backed by government, corporate and foreign capital. Fast forward a decade, today the Private Equity and Venture Capital business is booming in China with over 1000 firms actively investing.

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The rise of the “successful” unsustainable company

A Smart Bear: Startups and Marketing for Geeks

” Here’s the summary of his track record (excerpted from the Fast Company article): Forefront — IPO’ed in 1995 by CBT — CBT stock fell 85% in 1998 and prompted class-action lawsuits. After all, before the house of cards inevitably tumbles, private equity investors get a tidy return. And it is magic.

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