Thursday, April 7, 2011
Silicon Dragon: China Counts in Forbes Midas List
Any surprise that China plays a major role in the Forbes Midas list this year? All in all, three-quarters of the firms on the just-published 2011 rankings are backers of China startups and emerging companies. Ten of the 100 tech investors on the tally have done deals or overseen their firms’ strategy in China.
Jim Breyer of Accel Partners, who ranks tops with Facebook, is also the Palo Alto-based investor’s biggest champion for China deal making. He has led Accel’s deals and funds with Beijing-based IDG Capital Partners, a high achiever in China (think Qihoo 360, Dangdang, Baidu, Soufun, Ctrip, QQ).
Other scorers on the Silicon Valley heavy list who have shaped their firm’s China strategies:
To read more of this post, see my regular blog at Forbes: