The Rise of Chinese Venture Capital – (Part 3 of 5)
Steve Blank
APRIL 12, 2013
It went bankrupt in 1997.). A few foreign VC firms like IDG Capital Partners entered China in the early 1990s. The market was created to provide startups and their investors liquidity. China’s venture capital system has made a remarkable journey from the “state owns everything” to the free market.
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