The Changing Of The Guard Has Started
So, it seems the lockdowns have been too much for very high-net-worth individuals in China. Reports are that many want to leave the country and take their money with them. Given that many of these same individuals invest in tech startups, how might this impact the industry in China? If they take their wealth with them and begin to invest in their countries of residence, how does that impact founders in the top countries mentioned here? The plot is about to become super interesting. Read the full story on Bloomberg.