Where's the money flowing for earlier stage startups? By narrowing down the playing field to A rounds, you can get an idea (hint: China and ecommerce).
Tencent participated in nearly three dozen funding rounds this year alone, about half of which were seed, series A, or series B rounds.
P2P lending service Renrendai handed $130 million to get a head start in China’s budding microfinance sector
Chinese online peer-to-peer lending service Renrendai announced its parent company, Renrenyou, received $130 million in Series A funding, according to Sina Tech...