Steve Blank
APRIL 12, 2013
Most of the early deals were done by offshore venture funds – with their fund registered in countries outside China and using dollars. In the past foreign funds who wanted to invest in China had to set up funds using dollars with complicated offshore structures with exits through offshore listings.
Steve Blank
APRIL 12, 2013
Most of the early deals were done by offshore venture funds – with their fund registered in countries outside China and using dollars. In the past foreign funds who wanted to invest in China had to set up funds using dollars with complicated offshore structures with exits through offshore listings.
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David Teten
OCTOBER 1, 2015
Customer development would be reduced to a single person exercise that could be repeated in parallel dozens of times over, ultimately yielding 30+ companies a year. In exchange for equity, we discount the project cost, which is already low because we offshore most of our development, by 10-15%. Our model at Casual Corp.
techcrunch.com
OCTOBER 23, 2010
Everything Seth said is absolutely spot on, except I’d encourage founders to make sure they do some customer development (even in the consumer space) in parallel to cranking out the first product. Will be looking forward to seeing the next piece that you do. Andrew Holt I love these kinds of articles.
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