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October 31, 2011 10:32 am GMT
As is abundantly clear from all the entrepreneurial activity on display at TechCrunch Disrupt Beijing, China is growing as a startup center. In the third quarter of 2011, $1.3 billion in venture capital poured into China, up 84 percent, according to Dow Jones VentureSource.At the same time, VC dollars slid 12 percent in Europe to almost exactly the same amount: 951 million Euros or $1.3 billion. (For comparison, U.S. VC dollars rose 29 percent to $8.4 billion in the third quarter). Are we at a crossroads where more venture capital will end up in China than in Europe?
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/v6OffyJK0eM/
VC Dollars Rise 84 Percent In China, As They Slide In Europe
As is abundantly clear from all the entrepreneurial activity on display at TechCrunch Disrupt Beijing, China is growing as a startup center. In the third quarter of 2011, $1.3 billion in venture capital poured into China, up 84 percent, according to Dow Jones VentureSource.At the same time, VC dollars slid 12 percent in Europe to almost exactly the same amount: 951 million Euros or $1.3 billion. (For comparison, U.S. VC dollars rose 29 percent to $8.4 billion in the third quarter). Are we at a crossroads where more venture capital will end up in China than in Europe?Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/v6OffyJK0eM/
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