[wslh]

I don't think so. Chinese investments in startups are reaching places American VCs are not interested in. If you read top VC blogs you realize that they don't want to flight far away to attend board meetings.

[jMyles]

I presume you're being downvoted because other believe you are incorrect, but I don't know enough about the subject matter to understand why or how.

Perhaps someone will respond and explain how this view is faulty?

[notfromhere]

It's true. Good luck getting investment if you're not in a Tier 1 city. There are plenty of companies that start in smaller cities/towns that end up moving to NYC/Chicago/LA/SF,etc because investors don't bother considering them if they're not from a big city

[wslh]

You can quickly check Tencent investments reach: https://www.crunchbase.com/organization/tencent/investments/...