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'Born global' startups with a China edge to be the next big thing for VCs: BAI Capital

News Snapshot:

Beijing-based venture capital firm BAI Capital believes the next big thing in the venture investment world will be to back up-and-coming startups that are bringing Chinese solutions to the global market, despite setbacks in overseas forays by their predecessors such as TikTok and DJI. With $3 billion in assets under management (AUM), BAI Capital is ramping up efforts to nurture what it calls “born global” startups across the fields of technology, retail and media at a time about half of its portfolio companies are generating revenues internationally.

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