A Few Things About China’s Start-up Scene • 25% of the start-ups in Unicorn class are Chinese • Alibaba is the biggest ever listing on the NYSE. Jack Ma says he owes his success to his time at CKGSB • Non-Chinese companies that make it in China average 40% of their global revenue in China after only 24 months • Roughly 2000 exit in 2016 (mostly M&A) • 3600 new funds added in 2016 making it the total 15,000 funds • China has 2141 incubators in 2016, 5000 (estimated) by 2020 • $20billion fund raised in 2016. Government just announced $240billion support • China’s cost to set up a from- scratch business is 3.4% compared to the G20 average of 9.4% • “In just 12 months, Chinese markets have created enough value to give every person on Earth almost $900 USD.” – The Independent Your Company Name Presentation page