From Zero Hedge:
Even the staunchest cynics will be stunned by the latest development out of the Shanghai government where starting next month, venture capital firms which invested in high-tech startups since the beginning of 2015 can apply for government compensation if their investment loses money.
http://www.zerohedge.com/news/2016-01-27/whole-new-level-moral-hazard-china-will-use-public-funds-cover-any-venture-capital-f
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment