Vancouver, British Columbia-based Marc van der Chijs may seem like any other venture investor focused on the next big deal and raising a new fund, but this time last year, the Dutchman was fully entrenched in China’s startup scene as he set up another online company.
Marc van der Chijs A serial China entrepreneur, van der Chijs founded one of the country’s most popular online-video websites, Tudou.com, which was acquired by rival Youku in a stock transaction valued at just over $860 million in 2012. Even though Tudou.com closed five rounds of funding and secured $135 million in total, van der Chijs said that raising venture capital in China isn’t easy, especially as a foreigner.
To read the full, original article click on this link: China Entrepreneur Says Mainland Startups Must ‘Become Huge or Die’ - Venture Capital Dispatch - WSJ
