


| Softbank-Backed DCM Eyes China Startups With $880 Million Fund |
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(Bloomberg) -- David Chao, a venture capitalist who has been on the ground floor of Asian companies worth a combined $206 billion, has raised money for a new fund with a China focus, a sign that rising U.S.-China tensions aren’t turning off foreign investors. DCM Ventures, which has the backing of Softbank Group Corp.
Posted: 2020-07-08 00:57:00
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