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> For example, many funds (sequoia, light speed, etc) maintain separate independent China funds to which the Chinese are restricted. Indeed. And look at the va
by nl 4y ago
> For example, many funds (sequoia, light speed, etc) maintain separate independent China funds to which the Chinese are restricted.
Indeed. And look at the valuations those specific funds pay.
> It should be obvious to say, but a Chinese person cannot easily get wealth out of the country using a Chinese investment fund.
It's not easy for a rich person to move $100M either.
- fragmede 4y agoWhat challenges are there in moving that kind of money around? I imagine if you're that rich you have a private banker that deals with any AML reporting that has to be done on $100M