1、First American venture fund in China

2、It's mostly based on AngelList data (or not, see update below), plus venture fund-raising statistics from Dow Jones.

3、With the dynamic development of hi-tech sector, it is realized that a venture fund market is the trend and therefore is already on the agenda of the Municipal Government.It is expected that a hi-tech venture fund and an overseas hi-tech fund will be established by the end of this year.

4、Unlike a traditional venture fund, no one is making their living off the management fees - in fact - these fees often go into the basic expenses for administrating the "fund."

5、Industrial funds and venture funds will be developed, and joint-venture enterprise investment funds will be encouraged.