Category: USA News

Sequoia VC: West Is In Denial Over Shift In Tech Power To China

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...

PCH Fills Out Tech Ecosystem For Hardware Startups With Fab Deal

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...

Gov. Christie Confidante Bob Grady Joins Private Equity Firm

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...

Read This Book: The Creator’s Code

“The Creators Code: The Six Essential Skills of Extraordinary Entrepreneurs” recently launched and is getting rave reviews. The book is written by Amy Wilkinson, a strategic adviser and lecturer at the Stanford Graduate School of Business. Read what Walter Isaacson had to say about the book: “Based on 200 interviews with entrepreneurs, this book helps explain the...

Renren’s Burst Of US Deals Showcases China Tech Going Global

China’s social networking site Renren is continuing its strategy of investing in U.S. tech startups with disruptive technology. Adding to its expanding portfolio, Renren has recently invested $5 million in mortgage marketplace Sindeo, based in San Francisco. See earlier Forbes post on Renren strategy of moving outside its core business, both by market sector and geographic...