what does banlance-sheet intensive business mean?
Secondly unlike in the West, China’s top FinTech players often have well-resourced parent companies that can sustain larger and more balance-sheet intensive businesses than VC funder.
what does banlance-sheet intensive business mean in above sentence?
Thanks for your help~
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Answers · 2
1
Secondly unlike in the West, China’s top FinTech players often have well-resourced parent companies that can sustain larger and more balance-sheet intensive businesses than VC funder.
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larger and more balance-sheet intensive businesses: Business that require more capital (money)... quantity and frequency (more sums of money, more often)...
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China's FinTech companies are backed by parent companies
The West's FinTech companies are backed by Venture Capital funds.
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Parent companies have the ability to infuse (provide) a lot more cash that VC funds. . .
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Opinions stated are the author's not mine.
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Hope this helps 8-)
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