Taiwan has spawned global high-tech giants such as the world’s largest contract chip maker TSMC and Apple Apple device assembler Hon Hai Precision. One day they needed cash to get going, and today the island dubbed a hub for high-tech hardware has its share of startups such as a 3D printing outfits and people building apps with help from Facebook. Strange then that the Taiwan Venture Capital Association reports a quickly declining total pool of capital. The total comes to $4.78 billion now, with $1.3 billion in dry powder and the rest under management, compared to a total $7.76 billion in 2000, the association calculates.
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