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LP Uncovered · Jessie Guo, Next Legacy

China's VC Industry Before the Law

“Previously, the limited partner structure was actually not fully, like, officialised or legalised in China.”

Transcript

China. Previously, the limited partner structure was actually not fully, like, officialised or legalised in China. So you can do venture funds, but it's not on now what we see the LP structure.

Interesting. And I'm curious, what did that LP law, what did that enable? Was it just more individuals could now become limited partner investors or just

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