VC Fund Backing Firms Worth $206 Billion Eyes China Startups
David Chao, co-founder and general partner at DCM Ventures, speaks during a Bloomberg Technology television interview in San Francisco, California, U.S., on Thursday, July 5, 2018. (Photographer: David Paul Morris/Bloomberg)

VC Fund Backing Firms Worth $206 Billion Eyes China Startups

(Bloomberg) -- David Chao, a venture capitalist who has been on the ground floor of Asian companies worth a combined $206 billion, has raised money for a new fund with a China focus, a sign that ri...
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