Last year wasn't a great year for money flowing into China-based venture capital, or for Chinese startup exits.
Last year wasn't a great year for money flowing into China-based venture capital, or for Chinese startup exits.Distributions are important to keep limited partners backing Chinese funds, and thus, backing startups.While the second half of the year was much stronger, 2022's total exit value was $157.7 billion — less than half of 2021's record $289.2 billion, per PitchBook.
2022 only had $22 billion in venture-backed exits with participation from foreign investors, a huge dip from 2021's 164.7 billion, and the lowest amount since 2016. This translated to only 17 exits, down from 56 in 2021.China's IPO market has remained stronger than the rest of the world, with 201 public listings in 2022 .Axios on facebook
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Los Angeles to receive $157-million Housing and Urban Development grant to address homelessnessThe city and county of Los Angeles are set to receive $157 million from a $2.8 billion federal grant for helping homeless people move into permanent housing.
Leer más »
USD/CNH plummets below 6.8500 on firmer China PMIs ahead of Fed’s favorite inflation dataUSD/CNH plummets below 6.8500 on better-than-forecast China PMIs ahead of Fed’s favorite inflation data – by anilpanchal7 USDCNY RiskAversion Inflation PMI China
Leer más »
TikTok attorney: China can't get U.S. data under planUnder intense scrutiny from Washington that could lead to a potential ban on TikTok, the top attorney for the social media platform and its Chinese parent company ByteDance defended TikTok’s plan to safeguard U.S. user data from China and said it will continue to develop its new app called Lemon8.
Leer más »
TikTok attorney: China can't get U.S. data under planSome lawmakers have said that's not enough. But despite skepticism about the project, TikTok says it is moving forward anyway.
Leer más »
Italy temporarily blocks ChatGPT over privacy concernsItaly is temporarily blocking the artificial intelligence software ChatGPT in the wake of a data breach as it investigates a possible violation of stringent European Union data protection rules. The government’s privacy watchdog said Friday that it's taking provisional action “until ChatGPT respects privacy.” The Italian Data Protection Authority's measure involves temporarily limiting the company from processing Italian users’ data. U.S.-based OpenAI, which developed ChatGPT, didn’t immediately return a request for comment. The Italian watchdog says OpenAI must report within 20 days what measures it's taken to ensure the privacy of users’ data or face a fine of up to either 20 million euros, which is nearly $22 million, or 4% of annual global revenue.
Leer más »
Americans are returning to cities after remote-work exodus, data showsEleven of the 15 largest metro areas showed population upticks in 2022, as immigration trends rebounded to levels not seen since the Obama administration.
Leer más »