Bloomberg TV

DCM Capital Sees Opportunities in U.S., China IT Markets

Jul.07 — David Chao, co-founder and general partner of DCM Ventures, which has the backing of SoftBank Group Corp. and Japanese e-commerce giant Rakuten Inc., talks about the opportunities he sees in U.S. and Asia. DCM attracted $880 million from U.S. endowments and pension plans along with European investors for a new global fund with a China focus. Chao, who also discusses the challenges that Chinese companies face in overseas markets, speaks in an exclusive interview with Selina Wang on "Bloomberg Daybreak: Asia."