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I and I tries to spoil Thanksgiving plans
And here's another event listing. Can't find it on their website, but here are the details I have:
I and I Asia presents: Thanksgiving Special Discussion Panel - this Thursday!!
Venture Capital: What 2006 holds for China-based Entrepreneurs.
Distinguished Panel Members:
David Zhang: WI Harper
David Su: TDF Capital
Todd Bissett: O'Melveny & Mayers LLP
Michael Mao: IDG Technology Venture Investment
Moderated by:
Toastmaster Warwick John Fahy - Redbank Consulting
When:
Thursday evening, November 24th, from 18:30 hours.
Where:
Haworth Shanghai Creativity Centre
5/F, One Corporate Avenue
No. 222 Hu Bin Road
Phone: 6384-7799
Near to Xin Tian Di in the 'PwC Building Complex'.
Entrance: RMB 40 (with RSVP) 80 (without RSVP). Includes drinks and snacks.
RSVP: sh@iandiasia.comor call Stephanie on (021) 5466-0189
When two Silicon Valley VCs partner with China-based investment firms it's a trend, when a third does, it's a movement. At this point, we can call it a stampede.
Joining the stream of US venture firms seeking partners in the Middle Kingdom (take a look at Mayfield, NEA, Granite Global, Sutter Hill and Accel Partners) Sierra Ventures has formed an alliance with Gobi Partners in here in Shanghai. Sierra - along with IBM, NTT-DoCoMo and McGraw-Hill - invested in Gobi Partner's first fund, which has had a second close at $50 million. In addition to these four main investors, Gobi also received funding from traditional limited
partners.
But what should our Entrepreneurs expect from such attention?
Most expect these funds to support their portfolio companies with substantial business in China and invest into larger, more developed opportunities.
Despite the risks, the economics (ROI - Return on Investment) for developing new technologies and operating services/support entities in China continue to attract investors like these major VCs.
Will they gain enough confidence to invest into our own start-ups too?
How will they invest? How much? When? And importantly - Under what conditions?
Led by a panel of industry experts from leading and specialist VCs, our panel will discuss the current landscape for investments into home-grown companies and then open up the floor for an interactive session of questions and answers.
UPDATE: Just got a call from Stephanie and may try to squeeze this one in before turkey time.
November 21, 2005 at 02:50 PM in China | Permalink
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