No handshakes, no deals: Silicon Valley VCs hit pause on China

Despite plenty of bargains, funds are wary of investing during coronavirus outbreak

20181203 us china handshake

Silicon Valley financial backers' frequent trips to China have come to a stop, as flights to mainland China from nearby airports have been suspended until the end of March.   © Reuters

YIFAN YU, Nikkei staff writer

PALO ALTO, U.S. -- Venture capital companies in Silicon Valley are not taking any chances when it comes to the coronavirus outbreak.

"Due to the Coronavirus, No Handshakes Please. Thank You," reads a sign on the office doors of Andreessen Horowitz, a powerhouse in the U.S. venture capital world.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.