By Jeffrey A. Newman
Silicon Valley venture capital firms and pulling out of investments in China given the rising tensions between the U.S. and China and China’s increased cyberwarfare on US infrastructures as well as its spiked increase in surveillance and military buildup. These companies include DCM Ventures, according to a New York Times article in today’s paper. See article here: https://www.nytimes.com/2024/02/21/technology/silicon-valley-vc-china.html
GGV Capital is another venture capital firm which announced in September that is is separating its American and Asian operations and it is also seeking to sell its holding in two companies in China thought to be assisting the Chinese military.
Jeffrey Newman is a whistleblower lawyer and his firm represents whistleblowers in healthcare fraud under the False Claims Act (FCA) also whistleblowers under the SEC whistleblower program and CFTC whistleblower program. He can be reached at Jeff@JeffNewmanLaw.com or at 617-823-3217
