China’s startups are lying to you, and there’s not much anyone can do about it

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China’s startups are lying to you, and there’s not much anyone can do about it

Chelsea Ng
by

September 24, 2015

It doesn’t really matter which Asian market you’ve been watching – over the last few years, funding rounds (and by extension) valuations have soared. Startups are raising more money, and the industry is growing. That growth is real – nobody in the industry could doubt that. But those massive funding rounds you’ve read about? Many of them are fake.

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