She’s discovered that 1st, brand new Chinese approach to money deviated considerably from its western alternatives
After that, Wong have noticed of several Chinese investors moving on to help you a more western design which have extended-label assets
Owing to the woman browse trips so you’re able to Asia, Wong has actually pieced together with her a dental reputation for China’s rough trip during the implementing strategy capitalism. Of many Chinese dealers got in the past adult steeped immediately and you will was basically irritation to earn significantly more money easily, she states. Because of that, they frequently chased profits, only deciding on brief-identity gains to have assets and failing woefully to imagine a lot of time-identity company growth my review here. Which design turned into unsustainable, and lots of Chinese VC funds ended up a failure.
Within this model, traders bet on the development potential for a company, with the hope you to a revenue for the any of the investments might take years, or perhaps not happen anyway.
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