How government-backed VC firms help and hurt the Midwest
GUEST: If you look closely at Pitchbook’s annual report, you might notice something unusual about the most active investors in the Midwest/Great Lakes regions (Pitchbook has split the broader Midwest into a few smaller regions). Whereas the West Coast’s most active investors are all financially-focused, private investors, the Midwest contains many government-backed direct investment organizations. I’ve listed […]
The partnership will see Google combine its tech strengths with JD’s supply and chain logistics expertise Google is set to invest US$550 million in Chinese e-commerce giant JD.com to accelerate its vision of a global ‘retail ecosystem’. If the deal goes through, Google will receive 27,106,948 newly issued JD.com Class A ordinary shares at an issue price […]
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