Investors advise caution in face of crazy valuations - AVCJ Forum
The current climate of “crazy valuations” globally – and particularly in China’s internet space – cannot be sustained indefinitely and prudent investors should ensure portfolio companies are well capitalized in anticipation of a downturn, the AVCJ China Forum heard.
“Sooner or later there will be a downturn, and we don’t know where it will come from,” said John Lindfors, a managing partner at DST Global. “The critical thing is making sure companies have enough...
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