{"id":35403,"date":"2017-03-17T03:02:36","date_gmt":"2017-03-17T10:02:36","guid":{"rendered":"http:\/\/lifeboat.com\/blog\/2017\/03\/chinas-tech-giants-are-pouring-billions-into-us-start-ups"},"modified":"2017-06-04T07:08:55","modified_gmt":"2017-06-04T14:08:55","slug":"chinas-tech-giants-are-pouring-billions-into-us-start-ups","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2017\/03\/chinas-tech-giants-are-pouring-billions-into-us-start-ups","title":{"rendered":"China\u2019s tech giants are pouring billions into US start-ups"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/chinas-tech-giants-are-pouring-billions-into-us-start-ups.jpg\"><\/a><\/p>\n<p>SoFi is just the kind of deal that Chen has been pursuing: His NYSE-listed company, once known as the <a class=\"\" href=\"http:\/\/data.cnbc.com\/quotes\/FB\" target=\"_self\">Facebook<\/a> of China, has been investing in <a href=\"http:\/\/www.cnbc.com\/upstart25\/\" target=\"_self\">fast-growth tech start-ups<\/a> to broaden its revenues and boost its stock price. That connection with Renren has also boosted <a href=\"http:\/\/www.cnbc.com\/2016\/06\/06\/sofi-2016-disruptor-50.html\" target=\"_self\">SoFi<\/a>.<\/p>\n<p>\u201cJoe is a great investor and was our investor from the early days. He saw the vision early on and pushed us to grow faster and be more aggressive,\u201d said Dan Macklin, a co-founder of SoFi in San Francisco.<\/p>\n<p>Similarly to Renren, China\u2019s tech titans <a class=\"\" href=\"http:\/\/data.cnbc.com\/quotes\/BIDU\" target=\"_self\">Baidu<\/a>, <a class=\"\" href=\"http:\/\/data.cnbc.com\/quotes\/BABA\" target=\"_self\">Alibaba<\/a> and <a class=\"\" href=\"http:\/\/data.cnbc.com\/quotes\/700-HK\" target=\"_self\">Tencent<\/a> are leading a surge of Chinese investment in cutting-edge U.S. technology start-ups with bold ambitions to expand their footprint, attract top talent and gain an edge in innovation.<\/p>\n<p><!-- Link: <a href=\"http:\/\/www.cnbc.com\/2017\/03\/08\/chinas-tech-giants-are-pouring-billions-into-us-start-ups.html\">http:\/\/www.cnbc.com\/2017\/03\/08\/chinas-tech-giants-are-pourin...t-ups.html<\/a> --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SoFi is just the kind of deal that Chen has been pursuing: His NYSE-listed company, once known as the Facebook of China, has been investing in fast-growth tech start-ups to broaden its revenues and boost its stock price. That connection with Renren has also boosted SoFi. \u201cJoe is a great investor and was our investor [\u2026]<\/p>\n","protected":false},"author":417,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1522],"tags":[],"class_list":["post-35403","post","type-post","status-publish","format-standard","hentry","category-innovation"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/35403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/417"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=35403"}],"version-history":[{"count":3,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/35403\/revisions"}],"predecessor-version":[{"id":58384,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/35403\/revisions\/58384"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=35403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=35403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=35403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}