China Entrepreneur

When bank funding is tough to get, entrepreneurs may pay a steep price in equity for VC support.

What is it about the area around the Shangri La hotel in Beijing that attracts so many tech companies

It must be the hotel itself, because it can't be the resolutely down-at-heel environment.

The interestingly-named Ether Building is typical of the location many budding tech companies choose. Cheap and cheerful, it's nevertheless located reasonably close to Tsinghua University, China's wellspring of tech talent, and not too remote from north-western Zhongguancun, the principal concentration of tech resources in China.

Beijing entrepreneurs are a special breed. Unlike their Southern cousins who love to plunge into industries like real estate, many Beijing entrepreneurs come from top...

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