A Venture Investor on Asia's Startups and the 'Next China'
Description:Thanks so much for being with me here today. Let's kind of set the scene about the venture capital market here in Asia. Is it just tiny compared to the United States now?" "Well people forget that the U.S. venture capital market is almost 50 years old, so it's had generations to develop. In Asia right now, it's about one fourth the size of the U.S. venture capital market. So yes, in comparison it's quite small, but it's also, the market's only about 12 years old, so it needs time to develop.(4:39)