Beijing Closes Cash Spigot

China is now a less hospitable destination, at least for certain dealmakers. Ernst & Young estimates that Chinese outbound investment is set to reach $100 billion in 2017, representing a sharp decline from the $183 billion seen last year. Beijing blames this decline in part on growing hostility  More ►

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Can a Major Firm Be a Venture Capitalist?

Tokyo-based Trend Micro—a force in the cybersecurity industry—announced last week that it is rolling out a $100 million venture capital effort, apparently to fund startups in the internet-of-things space. The idea, in its own words, is “to dive into new areas without disrupting core business  More ►

Emperor Drinks Fruit Juice

Hans Christian Andersen published The Emperor’s New Clothes in 1837 as a fairy tale for children. The story can now be recast for entrepreneurs and venture capitalists. San Francisco-based Juicero, after all, built an entire company around a $400 high-tech juice machine. But Bloomberg  More ►

Dead Dictators Take Hong Kong

The pièce de résistance at Art Basel Hong Kong may have been an installation showing the life-like bodies of Lenin, Kim Il Sung, Mao, and Ho Chi Minh in plexiglass coffins. Castro was still in a hospital bed, but the artist claims the work will be updated. Globalists embraced the installation; political  More ►