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The barriers to multinational operations have fallen such that we see start-ups of fewer than 100 50 who have cross border operations.

Not just the "office" in BVI or Cayman, but management in Silicon Valley, manufacturing in China; R&D in Texas and sales in China.

Met a banker last week who called those "mini-MNCs." Guess the name is obvious, but I like the ring of it.

September 11, 2006 at 07:58 AM in Shanghai VP | Permalink


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