How is Youku financed?
Youku is backed by a group of first-rate U.S.- and China-based venture capital funds, including Chengwei Ventures, Farallon Capital, Sutter Hill Ventures, Brookside/Bain Capital, and Maverick Capital. We also secured a venture loan from Western Technology Investment, which also provided venture debt to companies like Google and Facebook during their rapid expansion periods as well. Youku has raised a total of $110 million in private equity.