GGV Capital announced last fall that was splitting up its team amid growing tensions between U.S. and China, though it never cited the atmosphere as the explicit driver of the move.
The thinking in abandoning the GGV Capital brand, per a source familiar, was that because both teams are operating separately going forward, they felt it was best to develop new brands.
Oren Yunger, the newest member of GGV Capital, also remains on team Notable.
Another longtime managing director at GGV Capital, Eric Xu, who is based in Shanghai, will continue to oversee the original firm’s independently operated yuan-denominated funds.
Roughly 2.5 years ago, GGV Capital announced it has raised $2.5 billion for its new funds, marking its largest family of funds ever.
Brex might not be having a good couple of quarters, but there’s sufficient positive news from the world of fintech to offset all the negativity around the sector.
So, yeah, while there has been a stark lack of fintech companies going public recently, capital is flowing into the sector because venture investors are still cautiously optimistic about it.
We can answer that question relatively easily today thanks to a new list compiled by GGV US that highlights 50 fintech startups venture capitalists think are hot stuff.
We also spoke to GGV managing partner Hans Tung about what he’s seeing in the sector today.
Why does fintech look like it’s stuck in first gear today?
Brex might not be having a good couple of quarters, but there’s sufficient positive news from the world of fintech to offset all the negativity around the sector.
So, yeah, while there has been a stark lack of fintech companies going public recently, capital is flowing into the sector because venture investors are still cautiously optimistic about it.
We can answer that question relatively easily today thanks to a new list compiled by GGV US that highlights 50 fintech startups venture capitalists think are hot stuff.
We also spoke to GGV managing partner Hans Tung about what he’s seeing in the sector today.
Why does fintech look like it’s stuck in first gear today?
Brex might not be having a good couple of quarters, but there’s sufficient positive news from the world of fintech to offset all the negativity around the sector.
So, yeah, while there has been a stark lack of fintech companies going public recently, capital is flowing into the sector because venture investors are still cautiously optimistic about it.
We can answer that question relatively easily today thanks to a new list compiled by GGV US that highlights 50 fintech startups venture capitalists think are hot stuff.
We also spoke to GGV managing partner Hans Tung, about what he’s seeing in the sector today.
Why does fintech look like it’s stuck in first gear today?
