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


PUBLISHED September 24, 2015
by Chelsea Ng

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

https://www.techinasia.com/chinas-startups-lying/

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.