Venture capitalists who trekked from Silicon Valley to China starting in 2005 had it easy compared to now.
Then, the Internet playing field was wide open with leading market positions not yet taken, returnee entrepreneurs were coming home in droves to copy successful business models from the West, and hope sprung eternal that home run deals would be as plentiful as during the U.S. dotcom era.
To read the full, original article click on this link: An End To The Low-Hanging Fruit For Investing In Chinese Startups | The Next Silicon Valley
