Bill Tai, the widely respected general partner of Charles River Ventures, initially established in conjunction with the celebrated MIT (Massachusetts Institute of Technology) responded to several questions from CVN regarding their recent China digital investments. It's interesting that one of their invested companies, Maxthon, co-founded by Netanel Jacobsson, has sung praises about Tai's hands on role in China.

Tai reveals that (Charles River Ventures) " believes that
fundamental structural changes are occurring to the Internet around 'web 2.0'
and that the browser's role in media -particularly around the personalization
and the formation of community, is becoming more important." Since the venture firm is now currently focused on Open Source, the Digitization of Media, and Mobility, their other investment into WangYou media, a Chinese personal content portal
utilizing blogs, photo blogs and streaming media is an excellent play in China's increasingly popular social networking experience.

Tai confirmed that that these two companies fit CRV's strategy
and in addition both possess the following attributes:

1) large existing user bases (millions at WangYou, and 57+ Million downloads
at Maxthon)
2) are rapidly growing (15% + per month at WangYou, 2M - 3M new per month
at Maxthon)

With no lack of confidence in these recent Chinese investments, Tai and the CRV team "think both these are and will be big hits in their respective segments of the market."