https://medium.com/forbes/for-startups-the-copy-to-china-tactic-has-ended-copy-from-china-is-beginning-8c9d24e914ee

Venture capitalists are familiar with the “Copy-to-[Insert Country]” model. It goes like this — find inspiration in business models or trends that have exhibited strong momentum in the U.S., and then fund comparable companies in China. Examples of this strategy include our investments in the “Gilt of China,”…

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