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The most populous country in the world has invested more in startups than a small region of the US. Honestly, why is this news?

tmdg 8y ago
Because this wasn't the case before.
echevil 8y ago
It also invested more than US+Canada https://news.crunchbase.com/news/in-q2-2018-global-vc-scales-tipped-in-favor-chinese-startups-over-north-america/ https://news.crunchbase.com/news/in-q2-2018-global-vc-scales...
- snovv_crash 8y ago
  Now this I consider news.
- hsljekskfh 8y ago
  definitely interesting, and this article points out a valuable fact, without the 14b for ant (associated with alibaba) it is not nearly as big
sametmax 8y ago
Because the USA have been screaming they are the best in the world for decades, while their leader have been making sure it won't last. Now, we are at the tipping point where China is looking more and more like the world most powerful country.
- opportune 8y ago
  Unless leaders was a typo and you meant leaders, as much as I disagree with our president, I don't think you can blame him for China overtaking us in VC It's really just that China is doing an excellent job of developing itself, and they have 4x as many people. Once they reach a reasonable level of development - doesn't even need to be close to the US - of course they will have more VC, and be more powerful
  - sametmax 8y ago
    It's a really limiting view to think your potus is your only leaders. Also, you can only buy something if somebody has the will to sell it.
protonimitate 8y ago
Because it includes the entire U.S. >>China is driving ahead of Silicon Valley and the rest of the United States on venture capital dollars invested into startups
vonnik 8y ago
That small region of the US has been, for the last few decades, the global broker of capital and talent working in tech. Silicon Valley is a hub of international activity. The news here is that another place, China, has found ways of brokering the relationship between talent and capital without SV. Sidenote: The Alipay deal is really more private equity than VC.

tmdg 8y ago

Because this wasn't the case before.

echevil 8y ago

It also invested more than US+Canada https://news.crunchbase.com/news/in-q2-2018-global-vc-scales-tipped-in-favor-chinese-startups-over-north-america/ https://news.crunchbase.com/news/in-q2-2018-global-vc-scales...

snovv_crash 8y ago
Now this I consider news.
hsljekskfh 8y ago
definitely interesting, and this article points out a valuable fact, without the 14b for ant (associated with alibaba) it is not nearly as big

sametmax 8y ago

Because the USA have been screaming they are the best in the world for decades, while their leader have been making sure it won't last. Now, we are at the tipping point where China is looking more and more like the world most powerful country.

opportune 8y ago
Unless leaders was a typo and you meant leaders, as much as I disagree with our president, I don't think you can blame him for China overtaking us in VC It's really just that China is doing an excellent job of developing itself, and they have 4x as many people. Once they reach a reasonable level of development - doesn't even need to be close to the US - of course they will have more VC, and be more powerful
- sametmax 8y ago
  It's a really limiting view to think your potus is your only leaders. Also, you can only buy something if somebody has the will to sell it.

protonimitate 8y ago

Because it includes the entire U.S. >>China is driving ahead of Silicon Valley and the rest of the United States on venture capital dollars invested into startups

vonnik 8y ago

That small region of the US has been, for the last few decades, the global broker of capital and talent working in tech. Silicon Valley is a hub of international activity. The news here is that another place, China, has found ways of brokering the relationship between talent and capital without SV. Sidenote: The Alipay deal is really more private equity than VC.