Collapse of Chinese startup ecosystem. Cost of detaining Jack Ma will be in trillions ! Deng Xiaoping must be cursing Xi Jinping from heaven
The west (because they cannot extract easy money from china): oh noo china bad, china collapsing, uhh, line go down
Founder became monk
EDianbao was started not long after Taobao’s founding in 2003, and enjoyed a surge of growth corresponding to the overall ecommerce boom in China. However, in 2020, EDianbao ran out of cash, despite earlier funding for Sequoia and many o...
🚨 Are you guys investing more or not?
People say you can't time the market but I am curious what is the junta on Grapevine thinking about investing in the current times.
Also where do I invest now? I have some 1L to invest that would not impact my current liquidity.
China's Private Sector Suffers Under Xi Jinping's Policies
- BioBay, a science park in Suzhou, is nearly deserted with many biotech start-ups having moved out or closed down.
- The venture capital industry in China has seen a dramatic decline, with start-ups founded dropping from 51,302 in 2018...
Controversial: India will never overtake China or US
..unless either of the two mess up insanely bad
We'll probably get to the #3 spot if things go well. But it seems impossible that we'll ever go beyond that.
Internal reasons that are very hard to fix:-
(1) Our population TFR fel...
Let's do our part, instead FOMO, have an abundance mindset,keep building and shipping.