Company focus: Alibaba
In venture investing, most attention has traditionally been on US firms and deals, given the US has traditionally made up about two-thirds of the global market and has the longest history in its modern form. However, the rapid rise of Chinese internet groups that have raised money from corporate venturing and then listed and continued generating large free cashflows has created a band of supremely ambitious investors with the money and ability to lead large rounds around the world.
Alibaba,…
