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28 Feb 07

China needs many things but not a new growth engine--FT中文网 - FTChinese.com

  • Arguing that China should increase domestic consumption is tantamount to arguing that it should save less, hence invest less and – other things being equal – grow more slowly.
  • “if it ain't broke, don't fix it”
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13 Feb 07

Venture capitalists making smaller investments. - Feb. 12, 2007

  • The investment is unusually small, but even stranger is the fact that few strings are attached - you don't have to give up a percentage of your company on the spot. All that the VCs require is the right to be an investor in your Series A round of funding, if you get that far.
  • Google-like returns on investment are getting harder to find for VCs, which is why many are now placing bets that are mere pocket change.
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