There are still opportunities on the Internet as the industry is young in China. But at the same time, the Web 2.0 services won't bring much profit soon.

It will be a bright year (for venture capital) in 2006.

Jenny is a trusted colleague and an important asset to our team. Her expertise and hands-on experience working in the venture capital industry, particularly on-the-ground in China, enables her to identify and invest in high-potential opportunities that are essential to the continuing success of Granite Global Ventures.

We're interested in knowing, ... how much each one of you uses the Internet. How much time do you spend on it?

How lame do you have to be to spend your time like that on the Internet? Can't you do something more constructive, like surf the porn? Or go into the real world and interact with people rather than cyber-sniping.

Entire new continent can emerge from the ocean in the time it takes for a Web page to show up on your screen. Contrary to what you may have heard, the Internet does not operate at the speed of light; it operates at the speed of the DMV.