Category: News

VC Firms Gain Again With Alibaba’s Bid To Buy Youku Tudou

VC firms that stand to gain from Alibaba’s proposal to purchase the remaining 82% of Youku Tudou include Chengwei Capital, Youku’s first institutional investor in 2005 (alongside Farallon Capital Management) which has also participated in each of the five successive funding rounds leading up to the company’s 2010 IPO. Other VC firms that have a stake...