The Rise of Chinese Venture Capital – (Part 3 of 5)
Steve Blank
APRIL 12, 2013
SBIR and STTR programs, the Torch Program’s funding for new ventures was limited to seed funding the front end. 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. Like the U.S.
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