Summary: What has the China team in store for us in the local setting in China? Well, exciting things it seems. With the Chinese New Year starting next week, the team will introduce some exciting initiatives for the market. I was joined by Mikko Puhakka, one of our partners in China, for an interesting gaze into the gigantic market with all of its potential. The sheer volume of this market is just unbelievable. And the energy available. Imagine a country that sets the restrictions of investments made from China to outside the country, to $200 M per individual yearly. Like Mikko commented, sometimes when you hear the numbers, it sounds more like a joke. Listen to the episode to some updates on what’s going on in China and what to expect from the near future. Also hear how having too much interest from partners and startups can actually serve as a bottleneck. Does that sound familiar to you? Listen to the episode in the player (in list view). Here’s some quotes from the episode: So we’re talking about an ecosystem of.. 20 000 to 30 thousand companies and maybe a million to two million people involved with those startups. So obviously you need to have things that are different from the traditional type of advisory or investment formula, cause you just can’t handle those kind of numbers otherwise. How do you choose? Who do you work with? Someone has a fund of $1 B the other one has a fund of $1.5B, they both have great reputations..
