Chinese investors may invest in U.S. bitcoin startups

Chinese investors may invest in U.S. bitcoin startups


 

Startups are investors' second choice when it comes to investing in companies that have the potential to become as successful as Google, Facebook, Twitter and Uber.

 

However, all startups lack funds and must be funded to develop. New startups in the United States are very lucky because AngelList (a venture capital platform) has established a $400 million investment fund with the support of a large private equity firm in China.

 

Chinese financial investment enters US startup market

The financial industry is a very strange industry. Recently, rumors have been circulating in the financial world that China is looking to replace the US dollar with a new global currency. However, at the same time, a large Chinese private equity firm called Zhongke Merchants has invested $400 million in an American startup.

 

Although this seed fund was established by AngelList, it is not managed by people inside AngelList. The fund management company - or venture capital company, named CSC Upshot - will use the AngelList platform to find suitable startups to invest in. However, Upshot did not do this voluntarily, and they originally planned to find other investors to cooperate.

 

CSC Upshot has also made a name for itself in the angel investing world, and this big investment will put it on the map. To date, Upshot has invested more than $205 million in 650 companies, including Shyp, Luxe, and Spring.

 

Such a huge amount of money will not be used up all at once. According to AngelList CEO Naval Ravikant, about $250 million will be invested in the first year, and the $250 million will be invested in various companies in the form of a group of $200,000. The remaining funds will be invested in the AngelList Group, which is composed of venture capital companies and investors.

 

     Choosing the right investment target wisely is of utmost importance, so AngelList will provide CSC with analytical tools to help it make the right decision. Especially since the funding provider this time is Chinese investors, it is necessary to be particularly careful in choosing investment targets.

In short, companies with a good current situation and clear future development direction have a bright future and are more likely to receive an olive branch from CSC.

 

Bitcoin venture capital is on the move

 

So far, 2015 has been a great year for investment and venture capital. More and more investors are moving away from the now increasingly barren traditional financial sector. Bitcoin and regular startups offer a good alternative for investors because there is indeed a lot of room for growth in this industry.

 

Although the United States has strict regulations on Bitcoin companies, American Bitcoin startups are likely to receive investment from AngelList.

 

Time will tell. As for whether American Bitcoin startups will receive the olive branch from AngelList, we will have to wait and see. Opportunities only come to those who are prepared, especially those who are ready to change the world.


<<:  IDentabit: Bitcoin loses its anonymity

>>:  UK regulator warns users to beware of digital currency trading firm Cryptoconomist

Recommend

The face of a woman who has conflicts with her family after marriage

The face of a woman who has conflicts with her fa...

The face of a woman who loves to stir up trouble

The face of a woman who loves to stir up trouble ...

Is a double chin a good or bad thing for women?

Is a double chin a good or bad thing for women? W...

Is it good for a person to have a red mole on his body?

We all have moles, and there are many types of mo...

Explain how to tell fortune from facial features and eyebrows

The appearance of our eyebrows and eyes is closel...

Judging whether you are blessed from others

The philtrum is the groove that connects the lowe...

What are the palm lines of women who are born rich?

Although today's society is very developed, pe...

Men with three white eyes are all very self-righteous and blindly confident.

The more self-righteous a person is, the less sel...

Three ways to look at smart people

Having a clear head is more important than having...

Do people with single eyelids have bad luck in love?

Although sometimes personal qualities are also a ...

What are the characteristics of a man's broken palms?

The characteristics and lines of the palm have a ...