Angel Investment News

Baidu-Backer IDG Capital Scores Swift Close for $586 Million Tech Fund

IDG Capital Partners scored one of China’s quickest fundraisings seen in a long time, managing to raise $586 million for its fourth venture capital fund in little over two months. At the same time, it beat its target of $550 million as limited partners choose to back some of China’s more seasoned fund managers. IDG’s investment hits include popular Chinese technology companies: Internet giants Baidu Inc., Tencent Holdings and o...

Chinese Venture Capital Fundraising Drops By 50 Percent In 2013

China's venture capital fundraising totaled $1.97 billion in 2013, only half the amount raised during 2012, according to a report released by DJX VentureSource.

Venture-backed IPOs also experienced massive declines. A total of 15 venture firm-backed IPOs were completed in 2013, a drop of 67% from 2012 and 85% fewer than in 2011.

2013 saw the fewest Chinese venture firm-backed IPOs since 2008 when just 12 were completed....

Red-hot web in China richly rewards foreign investors

It is one of the best investments of the digital age. In June 2001, a South African media company called Naspers paid $34 million to acquire a big stake in a struggling Chinese start-up. Today that start-up - Tencent - is an internet colossus worth about $120 billion, far more than Web pioneers like eBay or Yahoo!. And, Naspers is $40 billion richer because of its well-timed bet. Foreign investors like Naspers have emerged as some...

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Tips & Advice for Angel Investors

What I learned in my first year as an angel investor in China

I made one of the best decisions of my entire adult life. In the beginning of 2013, I jumped headfirst into early stage technology investing by joining the hybrid startup accelerator and seed stage fund called 500 Startups as their Greater China venture partner.

I’m no stranger to tech companies, investing or China, but being in charge of a massive region including China, Taiwan, and Hong Kong and having to dig deep for qu...

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