Thursday, February 26, 2009

Venture Blog

This arcticle is from January 2008, but is quite interesting:

David Hornik's comment in Venture Blog about Venture Capital in China - he appoints some major drawbacks of investing in China:

- identifying good entrepeneurs - chinese are treined in a business culture of bureaucracy and party connections
- the legal system - the lack of legal structures to protect investors
- government's intervention - a wild-card - has defended China from foreign owned investment

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