Feeds

China and India scoop 17% of venture capital cash

USA still number one, but investors like startups in high-growth markets

Secure remote control for conventional and virtual desktops

Deals with Chinese and Indian web firms are helping to fill the pockets of Silicon Valley venture capitalists (VCs) with ever greater wodges of cash, with one quarter of the top 100 VCs now investing in the region, according to Forbes’ Midas List 2012.

The US business magazine’s annual list of the best dealmakers in the tech and life science industries included China and India for the first time – in itself a recognition of the growing influence of the region.

According to Forbes, China and India now account for 17 per cent of the total venture capital invested.

While this is still some way from the size of the US market, which accounts for 70 per cent, it is definitely on the rise, thanks to Chinese firms such as social network Renren, online vid site Tudou, e-commerce firm DangDang and car site Bitauto.

Also singled out as appearing on many of the top VC’s portfolios were service provider HiSoft Tech and security software vendor Qihoo 360.

From India, travel service MakeMyTrip was another popular choice for dealmakers on the influential top 100 list.

As if to emphasise the buzz around the online tech and start-up space in Asia at the moment, last week saw the start of the 2012 Global Mobile Internet Conference (GMIC) in Beijing – apparently the largest of its kind in Asia.

However, some have expressed fears that that there could be a dot-com style bubble emerging in the industry, as VCs scramble amongst each other to throw cash at start-ups with big ideas but little hope of generating serious revenue, in the hope of finding the next Sina or Tencent.

Some experts have claimed that China’s uncompromising stance on web censorship could also harm the long term success of the industry.

Former CNN Beijing bureau chief and censorship expert Rebecca MacKinnon told The Reg recently that there is a feeling in the industry that the government is “stifling experimentation and innovation”.

“China being what it is, if you’re doing anything related to user generated content you’re in a very tough business,” she added.

“A lot of people thought they were getting into some aspect of social media which was innocuous and benign but they quickly discovered that there was no aspect of social media where you don’t have to deal with [censorship].” ®

Providing a secure and efficient Helpdesk

More from The Register

next story
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.