[2015-10-13] Chinese Investors Bank on US Startups – Good News For Bitcoin

[jdebunt]

http://bitcoinist.net/chinese-investors-bank-us-startups-good-news-bitcoin/

Startups are the next hot commodity when it comes to investing in people – and projects – that could become the next Google, Facebook, Twitter, or Uber. However, all of those startups are in need of funding, and that money has to come from somewhere. Young startups based in the US can rejoice, as AngelList announced a new US$400m fund, backed by one of China’s largest private equity firms.