20070105

Chinese Ventures getting A LOT of money

1.8$ Billion invested in china in 2006 from venture funds
(Way hyped…in china no quick returns exist!)

Posted at 9:21 pm,

3 Responses

  1. Uri L. Says:
    January 9th, 2007 at 8:52 pm

    what about the stories on some Chinese websites reaching break-even within 6-7 months?

  2. Martin Says:
    January 9th, 2007 at 8:57 pm

    There is nothing set in stone, just saying from most of the web ventures i have seen business plans for and met this was the case, and there is nothing wrong with that. the simple fact is for Asia in general is that the speed of education is growing faster than the economy, hence there will be more and more users but still not enough money. So these companies might make money, but it’s not so likely to happen tomorrow…

  3. Uri L. Says:
    January 10th, 2007 at 1:57 am

    ok, thanks for this interesting insight. Wondering what are the premium features that Chinese users are willing to pay for these days (flickr account? linkedin?)

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