{"id":6898,"date":"2009-12-11T01:08:29","date_gmt":"2009-12-10T16:08:29","guid":{"rendered":"http:\/\/asiajin.com\/blog\/?p=6898"},"modified":"2009-12-11T01:08:29","modified_gmt":"2009-12-10T16:08:29","slug":"japans-cyberagent-sets-up-22-7-million-fund-startups-in-east-asia","status":"publish","type":"post","link":"https:\/\/asiajin.com\/blog\/2009\/12\/japans-cyberagent-sets-up-22-7-million-fund-startups-in-east-asia\/","title":{"rendered":"Japan&#8217;s CyberAgent Sets Up $22.7 Million Fund For Startups In East Asia"},"content":{"rendered":"<p><a href=\"http:\/\/img.asiajin.com\/blog\/wp-content\/uploads\/2009\/12\/CyberAgent-logo.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6879\" title=\"CyberAgent's Logo\" src=\"http:\/\/img.asiajin.com\/blog\/wp-content\/uploads\/2009\/12\/CyberAgent-logo.gif\" alt=\"CyberAgent's Logo\" width=\"151\" height=\"37\" \/><\/a><br \/>\nThe more you talk with Japanese VCs and entrepreneurs these days, the more you hear &#8220;China&#8221; as the next target for investing money or establishing a subsidiary. Now Japanese web behemoth <a href=\"http:\/\/ir.cyberagent.co.jp\/ir_e\/\">CyberAgent<\/a> (listed at the Tokyo Stock Exchange) says it has set up a fund exclusively focused on web startups in China, Hong Kong, Taiwan and other places in East Asia.<br \/>\nThe fund is sized at $22.7 million, which isn&#8217;t really big by Silicon Valley standards but a pretty handsome sum for a Japanese company. CyberAgent says the fund will be established early next year, with CyberAgent itself contributing a quarter of the total size of the fund. The rest will be kicked in by other companies, the majority of which are operating in the Internet space.<br \/>\nThe target startups operate in the e-commerce and content production fields and can expect to get close to $1 million each once CyberAgent and its partners decide to invest in them each. CyberAgent personnel in Beijing and Shanghai would then be ready to provide some hands-on support.<br \/>\nThe fund is expected to grow to over $45 million given there&#8217;s enough demand. It will have a maturity of seven years.<br \/>\nVia <a href=\"http:\/\/www.nni.nikkei.co.jp\/e\/ac\/tnks\/Nni20091210D09JFA05.htm\">Nikkei<\/a> [registration required, paid subscription]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The more you talk with Japanese VCs and entrepreneurs these days, the more you hear &#8220;China&#8221; as the next target for investing money or establishing a subsidiary. Now Japanese web behemoth CyberAgent (listed at the Tokyo Stock Exchange) says it has set up a fund exclusively focused on web startups in China, Hong Kong, Taiwan&hellip; <a class=\"more-link\" href=\"https:\/\/asiajin.com\/blog\/2009\/12\/japans-cyberagent-sets-up-22-7-million-fund-startups-in-east-asia\/\">Continue reading <span class=\"screen-reader-text\">Japan&#8217;s CyberAgent Sets Up $22.7 Million Fund For Startups In East Asia<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[7,9,17,24,34],"tags":[633,808,1283,1568,1723,1791,3501,3592,3945],"class_list":["post-6898","post","type-post","status-publish","format-standard","hentry","category-china","category-company","category-japan","category-news","category-taiwan","tag-china","tag-cyberagent","tag-fund","tag-hong-kong","tag-investment","tag-japan","tag-startups","tag-taiwan","tag-vc","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/posts\/6898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/comments?post=6898"}],"version-history":[{"count":0,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/posts\/6898\/revisions"}],"wp:attachment":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/media?parent=6898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/categories?post=6898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/tags?post=6898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}