Breyer sees change in China's venture capital returns



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Jim Breyer, founder and CEO of Breyer Capital, speaks at the Fireside conference at the East Tech West conference in Nansha, Guangzhou, China on November 28, 2018.

Dave Zhong | Getty Images

Jim Breyer, founder and CEO of Breyer Capital, speaks at the Fireside conference at the East Tech West conference in Nansha, Guangzhou, China on November 28, 2018.

Jim Breyer, one of the first investors on Facebook and the Ethereum cryptocurrency, believes that investors should redefine their expectations for return on venture capital in China.

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