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Q&A with DCM-Doll Capital’s David Chao 

January 13, 2005

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Chao has been vindicated by two of his Chinese investments’ recent IPOs. Chao claims that later stage deals in China are overvalued because the Chinese market is flooded with yahoos but he finds valuations compelling at the early stage because fewer dare to tread there, where the law is murky and infrastructure thin. Chao is investing more in Chinese semiconductors firms and basic content companies.
Read – VCs in the Wild, Wild East (BusinessWeek)

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