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November 1, 2016 05:58 pm GMT

Serial entrepreneurs Rick Marini and Michael Levit are selling companies to China for a lot of money

img_0755Michael Levit knows a thing or two about China. As an executive vice president at the e-commerce services company Vendio, he stayed with the company for six months after Alibaba agreed to acquire it in 2010. (It marked the Chinese conglomerate’sfirst U.S. acquisition.) Levitsays itwas long enough to develop a consumer shopping project called Dealiothat Alibaba had no interest… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/pCK_Yl8Kico/

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