“It is all too common for small businesses to get taken advantage of or simply lost in the process,” said Zheng.
MENLO PARK, Calif. (PRWEB) March 22, 2018
Will Zheng, the 25-year-old CEO of the venture capital firm LYVC, is doing what millennials do best--disrupting his industry by bringing streamlined solutions to early stage tech brands looking to expand in China.
“Starting a business in China is no small feat for an American or similar foreign company,” explained Zheng. “Big companies have plenty of resources and connections to throw at the process--it’s the up-and-comers that are missing out.”
Zheng is focusing on Silicon Valley start-ups in the VR/AR, FinTech, SaaS, Automotive, Education, Mobile Internet, Big Data, TMT, eCommerce, and Transportation industries whose company IP and trademark fit within LYVC’s consumer technology portfolio.
In addition to providing funding, LYVC acts as a liaison for companies trying to establish manufacturing and helps them navigate the process and paperwork associated with launching in China.
“It is all too common for small businesses to get taken advantage of or simply lost in the process,” said Zheng. “It’s important to find an investor with a strong network in China with connections at both the corporate and government levels. LYVC is fast-tracking US brands into China and saving them both the time and hassles typically experienced going overseas. "
Last year, Zheng assisted the photo printer technology brand Lifeprint with their expansion into China. His advice and connections within the manufacturing market helped them earn 5x revenue.
“China has numerous opportunities if you are a technology company that’s going to be providing jobs and doing so eco-consciously,” said Zheng. “We make it easy to take advantage of them.”
LYVC is an early stage venture capital firm that backs companies and funds who share the values of integrity, pragmatism, innovation, and efficiency. They believe that great entrepreneurs create enduring companies that improve the world. Although based in Silicon Valley, the firm has access to incredible resources in China through the Li Yuan Group.