It Scales

I’m from the Bay Area and I’ve been investing for years, so I’ve seen my fair share of pitches. But I’ve never been pitched to invest in a 119 member girl group. Apparently, the West Coast doesn’t dominate in all areas of venture capital. From Bloomberg’s Alexandra Ho: China VCs Are Going Crazy for Girl Groups. (If your group has 119 members, at least that answers a favorite Silicon Vallley VC concern: Will it scale?)

+ THR: “A Tokyo court found the 17-year-old to be in breach of the celibacy clause common in the contracts of so-called idol groups in Japan.”

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