Why Was Winter in Venture Capital Funding so Short?
Both Sides of the Table
FEBRUARY 6, 2017
And while the US had FANG (Facebook, Amazon/Apple, Netflix and Google) China has BAT (Baidu, Alibaba and Tencent). So you have GM investing $500 million in Lyft, BMW starting a $530 million venture fund, Comcast/NBCU investing $200 million into BuzzFeed and even Sesame Street now has a venture capital fund! Baidu alone raised $3.2
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