
Diamond TechVentures a CHINA FOCUS FUND
Why a China Focus Fund?
The growth and market in China has become an undeniable fact.
Investment opportunities in China rank top and has attracted global
attention and focus. Yet investing in China by a US venture firm still has
significant challenges.
Venture investment is a high touch business. For a US venture firm, China
investment today clearly presents several issues. Understanding and
managing the culture and language differences are the most obvious.
Sending junior investment staff to China coupled with frequent visits is
slow and inefficient. Direct partnering or joining force with a local firm
provides a quick entry yet managing the “partnership” is difficult, not to
mention taking a leap of faith with the unknown.
Other China investment environment presents further challenges. Most
China entrepreneurs are starting out first time thus lacks the experience in
working with investors and proper business practices. Deal flow visibility
is poor; those projects consider “fundable” attract too much “money”,
pushing valuation high.
This China Focus Fund seeks to address all the above by starting with a
team of Investment Managers with the backgrounds and experiences that
compliment each other to meet these challenges. The General Partners
combine investment and operation experiences in US and China.
Together, their experiences span US venture, US start-up, China operation
and China local government. This team is capable of accessing deal
flows from all the sources below radar screen and to help the
entrepreneurs in business strategy, operation and investment relationship
to bring out the best value in each of them.
To further strengthen the Fund’s position, the Fund plans to bring in
several closely working value-added partners. These partners provide
unique value and strong support for the Fund’s strategy.
Copyright @ 2010 Diamond
TechVentures. All Rights Reserved.
Diamond TechVentures
"The single most important Overseas Chinese Returnee".
That's exactly what Diamond TechVentures focuses in.
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