IDG CEO Shong Sees Too Much Money in China

The video discusses the Chinese government's encouragement of entrepreneurship and the proliferation of venture capital (VC) firms. However, it highlights challenges such as lack of experience in fund management and regional limitations in identifying opportunities. The tech sector, particularly bike sharing, is identified as a potential bubble. The video advises China to avoid past mistakes made by Japanese and Taiwanese investors in the 1980s, emphasizing the importance of understanding cultural differences and management challenges in international investments.

What are some potential bubbles in the tech sector mentioned in the text?

In what ways can having too much money lead to poor investment decisions?