500 Startups is rebooting its efforts in Greater China after it hired a new head of business for the region, which covers mainland China, Hong Kong and..
500 Startups is rebooting its efforts in Greater China after it hired a new head of business for the region, which covers mainland China, Hong Kong and Taiwan. Edith Yeung , a former executive with browser firm Dolphin Mobile, is taking up the reins.
The VC firm had been without a recognized setup in China for some time after former lead Rui Ma relocated to the 500’s U. S. operations last year. 500 doesn’t have a China fund, but it has made some 35 investments in the region, Yeung told TechCrunch in an interview.
She admitted that the firm, which has a sprawling global presence across North America, Europe and Asia with over 1,000 investments, “is thinking about” creating a dedicated China fund.
