Headlines on Chinese and U.S. relations are usually dominated by tensions over trade and security as China flexes its economic muscle on the world stage. Corporate takeovers in the U.S. by foreign companies can be controversial as locals fear losing their jobs. But this new report found that Chinese investment is saving jobs by offering new financing to troubled businesses.”
Two companies have sealed a deal that’s raising eyebrows: Segway, the struggling American maker of disgraced self-balancing scooters, has been bought by Ninebot, the Chinese rival that Segway recently accused of copying its signature two-wheelers. Ninebot announced the curious acquisition for an undisclosed sum on Wednesday, which followed a combined $80 million investment from mega-rich Chinese...
Four new venture capitalists arrived on the Forbes Midas List of 100 top tech investors following a stellar year for China-based companies, which saw smartphone maker Xiaomi crowned as the world’s highest-valued private tech company and Alibaba as the largest-ever IPO. Sequoia Capital’s China team added one more VC to the firm’s already stacked Midas roster. Coming in strong at #22, Steven...
It’s interesting to see Sequoia Capital venture investor Mike Moritz contending that Silicon Valley tech is over-inflated while China startup investing is still going strong — and stronger. Here’s an excerpt from an interview with Moritz in an article at Fortune. Moritz argued that money splashed on Silicon Valley companies could probably be put to better use...
There’s a China connection in the recent deal that PCH made to buy the once high-rising and well-funded e-commerce startup, Fab, which crashed last year. The product development and supply chain firm PCH has a major manufacturing and logistics base in Shenzhen, where its operations assemble, package and get products ready to ship for major multinational companies as well as small to medium-sized...
Late stage valuations are being driven by corporate venture capitalists seeking access to innovation so they are willing to pay more, pointed out VC Mark Suster at the PreMoney conference in Miami. These new investors include China’s tech titans Alibaba, Renren, Tencent, Fosun and Qihoo 360. It’s the theme of Silicon Dragon San Francisco 2015, March 25. In fact,...
Silicon Dragon has featured several of these U.S. tech startups at our events in the San Francisco Bay Area. Credit to Dow Jones VentureSource for the data.
Technology startups in China are raising cash at a record pace from private investors, prompting concerns about potential overvaluation. The latest hot deal is an $800 million-plus round for Shanghai-based Dianping, an online-review site similar to Yelp Inc., as the WSJ’s Rick Carew and Juro Osawa report. Late demand from new investors increased the fundraising, pushing Dianping’s...
Asia’s wealthiest technology companies are leading a wave of investment in U.S. startups with the hope of gaining a toehold in Silicon Valley and taking some hot new products home. Alibaba Group Holding Ltd., China’s largest online retailer, recently invested $200 million in Snapchat Inc. The investment pushed the Venice, Calif., mobile-messaging company’s value up to...
Huawei has introduced a 7-inch tablet with cellular voice capabilities alongside its Android Wear smartwatch that was leaked before the Mobile World Congress event. Huawei already sells a large phone direct to consumers in the U.S.: You can buy the Ascend Mate2 with its 6.1-inch display for $299.99 off contract. The new MediaPad X2 brings the screen...
Bob Grady, a close confidant of New Jersey Gov. Chris Christie and former chairman of the $81 billion New Jersey Investment Council, has agreed to join mid-market private equity firm Gryphon Investors as a partner, according to Fortune. He also will lead Gryphon’s general industries group, which is one of the San Francisco-based firm’s four areas of...
Every successful technology company raises money throughout its lifecycle, perhaps starting with a seed investment and progressing through Series A, B, C, late-stage investments, and, for the most successful companies, an IPO. Historically, different financial institutions specialized in different stages, because the assessment of risk and opportunity was considered unique at each stage — for example,...
India VC Gains Momentum As Sequoia, Kalaari Put $10M In Grabhouse
October 10, 2015
Silicon Heartland (Penguin Random House, 2022)
Tech Titans of China: How China's Tech Sector is Challenging the World by Innovating Faster, Working Harder and Going Global (Hachette Book Group, 2019)
Startup Asia: Top Strategies for Cashing in on Asia's Innovation Boom
Silicon Dragon: How China Is Winning the Tech Race
