Rhodium

Rhodium is a Seattle-area startup that builds marketing software for medical spas and beauty brands, operating in the marketing...

Facts

HQ
Seattle, Washington, USA
Sectors
Marketing software, Beauty / MedSpa
Stage
startup
Total raised
$2M SEC Form D filings Total of this company's SEC Form D filings
Last round
$2M · Jan 2025 SEC Form D

Primavera Capital founder Fred Hu: China’s biggest bottleneck vs. U.S. is finance, not AI or semiconductors

Fred Hu, founder of Primavera Capital and former Goldman executive, says China's weakest link in a prolonged rivalry with the U.S. is its financial system, not AI or semiconductors, because increasing capital controls and restrictions on cross-border investment are cutting off funding for Chinese tech. He warns that financial decoupling — including limits on U.S. investment, stricter Chinese approvals for foreign capital, and fraught U.S. listings — could harm China’s ability to fund innovation.

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