Rui Ma Joining 500 Startups As First Venture Partner In Beijing#
Already looking more intently at overseas markets -- particularly in emerging countries like Brazil, India, and Mexico -- 500 Startups just signed on its first venture partner to focus on China. Based in Beijing, Rui Ma will invest and source deal flow in the Chinese market.
[W]ith the addition of venture partners like Bedy Yang and George Kellerman to cover Brazil and Japan, Pankaj Jain focused on India, and the acquisition of Latin American incubator Mexican.VC, the investment firm is becoming increasingly international.
Adding Ma to that mix will extend 500 Startups into the China market, specifically Beijing. Ma has worked in the area over the last several years providing investing and advisory services through merchant bank The Raine Group, which was an advisor during the Renren IPO, and advising cross-border M&A for CITIC Securities International Partners.