China to set adult $6.5 Billion Government Venture Capital Fund - China is looking to set up a $6.5 Billion venture capital fund. The Financial Times mentioned that, the launch of the government-sponsored VC fund will be apart of China’s efforts at financial reform. China will set up a government venture capital fund worth 40 billion yuan ($6.5 billion) to support start-ups in emerging industries, in its latest move to support the private sector and foster innovation. “The establishment of the state venture capital investment guidance fund, with the focus to ... read more ...

Peter Thiel Invests In The Marijuana Business - Peter Thiel, co-founder of Paypal has is diving into the world of legalized marijuana, through his Founders Fund he has made an investment in Privateer Holdings who is the first private equity firm to invest solely in the legal cannabis niche. In the domain world 2014 saw many domain investors getting into the niche of marijuana related domains. Over the last 30 days 1782 marijuana .com domains have been registered. USA wrote about the investment: Founders Fund announced Thursday that it has made ... read more ...