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What is the irr for Softbank's investment in Alibaba? If given another chance would they do it again? I believe the answer is yes, so there is no lack of risk c
by fspeech 2y ago
What is the irr for Softbank's investment in Alibaba? If given another chance would they do it again? I believe the answer is yes, so there is no lack of risk capital. Is China willing to pay for talent? Absolutely. Given these two factors I think China can climb the technology ladder. Just a question of time.
However this doesn't mean China's GDP will get back to fast growth. Its economy is constrained by demand, not supply. Anyone who has experience with Chinese elders would know how thrifty they are no matter how much wealth they have.