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The coronavirus might have changed China’s venture capital scene for good
According to a report from Beijing-based startup tracker IT Juzi, VC investment in the country’s tech sector shrank 30% in the first quarter of the year, with VCs funneling $16.8 billion into tech enterprises during the first three months, down from $24 billion in the same period last year. The total number of deals contracted too, […]
Forget Unicorns. Startups Should Be Camels
In Silicon Valley, the entire ecosystem is aligned around one thing: the cultivation of unicorns — startups valued over $1 billion. Unicorns were once a rare breed, but in recent years, the stable of billion-dollar thoroughbreds has grown to about 350 unicorns around the world. […]
How Entrepreneurs Succeed Outside Silicon Valley
Alex Lazarow, venture capitalist at Cathay Innovation, says that start-ups in cities around the United States and the world are creating their own rules for success. While Silicon Valley companies have sparked key innovations and generated huge wealth over the past few decades, not everyone should use them as a model going forward. In fact, […]
Start Up Bright Spots in a Time of Global Meltdown
Most if not all countries today are under some form of quarantine, isolation or are “sheltering in place,” and people everywhere are feeling the stress and anxiety that comes along with a global crisis that’s unlike anything we’ve experienced thus far. Yet, it’s during the most difficult and challenging times that you often see the […]
How Does Your Financial Future Change From These Unexpected Good Things That Will Come Out Of This Crisis?
One day this will all be behind us. And when it is, we may just discover some good has come of it. “Anytime you go through a once in a 100-year event you will learn things and be better for it,” says David S. Richmond, Chairman & Co-Owner, Richmond Brothers, Inc. Jackson, Michigan. […]
How bad will SaaS churn get in the downturn
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This morning we’re talking about churn — the bane of software-as-a-service (SaaS) companies big and small — in the new world we find ourselves in. […]
Cathay Capital Launches Insight-Sharing Platform Cathay Connect & Consult
Paris, 26 February 2020 – Cathay Capital, a leading international investment platform focused on cross-border investment and committed to supporting the international expansion of startups and middle-market companies in Europe, North America, Asia and Africa, announces the launch of a new platform, Cathay Connect & Consult platform (“C3 Platform”), to empower its ecosystem partners and boost growth through networking, knowledge-sharing […]
Cathay Innovation suggestions and tactical advices to deal with the COVID-19 period
Sharing the letter we sent to our portfolio companies to help them dealing with the Covid19 and anticipating post-Covid19 periods. We believe that we are in a longer period than expected of weak activities to manage, but that here lies also a massive opportunity of acceleration for the ones who really want to be useful […]
Cathay CarTech Fund Invests in Waytous, the Industry Leader of Unmanned Intelligent Mines
March 13, 2020 Waytous officially announced that it has secured more than 100 million RMB A2 round of financing. Up to now, Waytous had raised, over 200 million RMB in series A round of financing since July 2019. The A2 round of financing was led by Cathay Cartech Fund, expert in the field of automobile and logistics, […]