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That is great news for U.S. entrepreneurs. We will have a new source of funding.
by nullnilvoid 10y ago
That is great news for U.S. entrepreneurs. We will have a new source of funding.
- zepto 10y agoVC's don't just provide funding, they also gain control.
- mark_edward 10y agoAmericans are just figuring out what free trade and little/no capital controls means.
- nullnilvoid 10y agoThere is no free lunch, is there?
- devoply 10y agoBusiness has very clear objectives. So it does not matter who controls, whether it's Indians, Jews, Chinese, or Americans. They are all in it for the money, and they pull founders along. Do your due diligence. Assume money makes everyone into a sociopath. Go from there.
- eveningcoffee 10y agoFor some nations, politics is used to advance their business, for some nations business is used to advance their politics.
- niels_olson 10y agoIn the short term, sure, there's easy money. But as the other commenter points out, with money goes control. You are selling control of your society's greatest asset, you, to a foreign, communist, government. These are not nice people. They are interested in your product, but they are also interested in depriving the US of you.
- nullnilvoid 10y agoThey are just providing a new option to you. No one is forcing anything down your throat.
- niels_olson 10y agoHey kid, want some candy?
- nullnilvoid 10y agoHow funny. You are calling U.S. entrepreneurs kid?
- niels_olson 10y agoNo, but I do believe they have an intrinsic desire (money/sweets) that can be used to manipulate their behavior.
- chillacy 10y agoI'm sure not every chinese investor is trying to pawn you for nationalistic interests: the majority are probably in it for capitalistic gain. Seems no different than accepting money from In-Q-Tel and having the US intelligence community influence your product.
- hga 10y agoThere's the scenario where such a capitalistic gain oriented investor is contacted by a PRC intelligence agency and made an offer he can't refuse. Remember this is a country where such a refusal can land you in a forced labor camp (https://en.wikipedia.org/wiki/Laogai https://en.wikipedia.org/wiki/Laogai) or executed with your family being sent the bill for the cost of the bullet (and they have the highest per capita rate of this in the world, based on the best available data, they also make this rather public). It's also pretty natural for such a person to e.g. object to the PRC being the invaders in the remake of Red Dawn and make the company replace them with the DPRK (and while that's ludicrous, I wasn't exactly impressed by a Latin American Communist invasion of the center of the country in the original, although that got around the biggest logistics problem AKA the US Navy).