Tom Guo
New York, NY (USA)
Role(s):
Vensta LLC
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Startup
Location:
New York
Industry:
Energy
Year Founded:
2007
Number Employees:
INVALID
Description:
Investment opportunities in China rank top and has attracted global attention and focus. Yet investing in China by a US venture firm still has significant challenges.
Venture investment is a high touch business. For a US venture firm, China investment today clearly presents several issues.
Understanding and managing the culture and language differences are the most obvious.
Sending junior investment staff to China coupled with frequent visits is slow and inefficient. Direct partnering or joining force with a local firm provides a quick entry yet managing the “partnership” is difficult, not to mention taking a leap of faith with the unknown.
Other China investment environment presents further challenges. Most China entrepreneurs are starting out first time thus lacks the experience