{"data":{"type":"company_profile","id":123970,"entity_id":"wefunder:company:123970","attributes":{"canonical_url":"https://wefunder.com/thechinaproject","generated_at":"2026-06-05T22:42:34Z","updated_at":"2026-06-05T05:00:49Z","entity_ids":{"company":"wefunder:company:123970","slug":"wefunder:company_slug:thechinaproject"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-05T22:42:34Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-05T05:00:49Z","as_of":"2026-06-05T22:42:34Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-05T05:00:49Z","as_of":"2026-06-05T22:42:34Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-05T22:42:34Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-05T22:42:34Z","confidence":"medium"}}},"company":{"id":123970,"entity_id":"wefunder:company:123970","slug":"thechinaproject","name":"The China Project","tagline":"An independent news \u0026 data provider that helps the world understand China better","story":"Our mission is to help the world understand China better. More specifically, our goal is to help decision makers make sober and informed decisions regarding China. We want them to act based on deep expertise, contextual analysis, and rigorous fact-checking – free from the emotional baggage and limited knowledge that most of the mainstream media brings to a country that can be equally fascinating, enticing, and terrifying.Through our database tools and news subscription products, we bring deep expertise and actionable insight to large organizations and individual readers around the world.Who are our customers and audience members?The China Project is read in embassies and board rooms around the world, and our conferences are attended by high-level decisions makers in many different industries.Our corporate readers, subscribers, clients, and/or sponsors include:Various departments and groups within the state department, foreign affairs ministries, and defense departments of all of the Five Eyes countries (U.S., Canada, U.K., Australia, New Zealand)Six of the largest investment banks in the world (JP Morgan, HSBC, UBS, Citi, Macquarie, Goldman Sachs)All seven of the largest consulting firms in the world (McKinsey, Bain, BCG, Deloitte, Ernst \u0026amp; Young, KPMG, and PWC)All Ivy League universities (Brown University, Columbia University, Cornell University, Dartmouth College, Harvard University, the University of Pennsylvania, Princeton University, and Yale University)Hear what some of them have to say:What is our business model?The China Project operates three diversified revenue streams. Currently, we derive about one third of our revenue from each of the below categories, but for reasons we'll discuss in a moment, subscription revenue is the focus for growth in the future.Subscription products (news subscriptions, database licenses)Conferences and events (corporate sponsors and ticket sales)Business services (consulting marketplace / expert network, bespoke research and reports, advertising)Subscription revenue is by far our most important strategic area of growth, although business services is also growing very quickly.The reasons we focus more on subscription revenue are:It is recurring — whereas conferences and service sales require a sales and delivery process for each invoice, subscriptions are automatically recurringIt is durable — our renewal rate for individuals is about 85% and our renewal rate for organizations (companies, universities, governments) is great than 95.It is scalable — whereas events and services are \"one in, one out,\" subscription products (news/media, databases) are almost perfectly scalable. Incremental revenue incurs almost no incremental cost.It generates new leads for the other business lines. Once we have acquired new paying subscribers, especially large organizations, we establish our credibility and can begin to provide them with more valuable solutions.Our TractionThe above business performance is based on solid operational performance across our digital distribution and audience channels:2M+ monthly audience across all channels235K monthly podcast listeners450K monthly newsletter sends\u0026gt;60% open rate for email newsletters5K annual attendees at live + digital eventsAll of that being said, current or past growth isn't indicative of future growth.What specific products or services does The China Project provide?Subscription ProductsOur subscription products fall into three categories: ChinaAccess ($120 per year per person) is our standard news and media subscription. It includes all our archives, premium newsletters, and subscriber-only events. ChinaEdge ($1,000 per year per person) is our proprietary research database package. It includes the ChinaEdge business intelligence database that tracks the ownership, executives, regulatory and sanctions statuses, recent news events, and other data points on nearly 2,000 Chinese companies. It also includes China Newsbase, our proprietary research tool encompassing more than 80,000 news articles, reports, social media posts, regulatory filings, and other digital records on all topics and themes related to China.ChinaPro ($5,000-75,000 per year per company) includes all the product benefits of ChinaEdge and ChinaAccess but also provides tickets to both our flagship conferences, direct access to our analyst and consultant network, and bespoke research reports on demand.All of the above products are sold to individuals and organizations, but ChinaEdge and ChinaPro are primarily sold to organizations and not individuals.Conferences \u0026amp; EventsEvery year, we host two flagship conferences:NEXTChina is a two-day conference dedicated to understanding the future of key issues and trends in China and the impact they may have for people everywhere. (See this year's NEXTChina conference page.)The China Women's Conference is a two-day event dedicated to acknowledging, promoting, and celebrating women leaders in U.S.-China business, finance, and philanthropy. (See this year's upcoming Women's Conference page. Or, see last year's Women's Conference page.)We also host upwards of 20 smaller events in cities around the world, online webinars, and other one-off events, many of which are for paying subscribers only.Click here to see our past events.Why now? What is our market size, and what's the competitive landscape like?China is more important to global decision makers than ever before, and its importance grows further by the day. Our growth in sales to large organizations has been increasing rapidly but has been held back by our constrained resources in the areas of product development and in sales and marketing.We believe that with the additional resources afforded by a successful Reg CF fundraise, we will be able to accelerate our sales growth and more quickly achieve profitability.Furthermore, while we are among the most well-established China-focused news and information services companies in the space, new competitors are joining the space each year.A competitor in our space just raised $14M from Sequoia Capital. Rather than viewing this as a threat, we view this as a strong validation signal that our end market is large enough to justify the backing of one of the most successful venture capital firms in the world, and that the time is now.Aside from China-focused news and data companies, the entire digital media and data landscape is undergoing a transformation whereby niche platforms are building extremely profitable businesses centered around dedicated audiences. Most of these businesses are entirely focused on subscription revenue for dedicated professional audiences.Examples of successful companies in this niche digital subscription space include:The InformationTechcrunchCrunchbaseStat NewsThe Business of FashionAdweekof course don't forget Substack, which is a platform based around thousands of niche paid subscriptionsUltimately, it is difficult to accurately size our market — there are few direct competitors for what we offer, so it's not as simple as confirming how many tires are sold in the U.S. every year or something like that. We are creating a new category of news and information products — are we taking revenue away from existing news and information providers, or are we creating new revenue where there previously was none?In any case, we feel strongly that the time is now, and the market is amply large:China will never be less important than it is today — we are on a one-way road to China being more important every single day in the future.Renowned VCs like Sequoia are pouring into the space.Our own revenue growth is strong and interest in our products is growing.Why us? Who works for The China Project?We have assembled a multicultural, multidisciplinary team of China experts, media industry enthusiasts, and product management and engineering specialists.The China Project team consists of dedicated China-focused experts whose only topic, day in and day out, is China. Where mainstream media platforms' attention for China comes and goes with the 24 hour news cycle, our attention never wanders.Our editorial leadership comes from:Jeremy Goldkorn, Editor in Chief who has built numerous China-focused media businesses and sold his last venture to London-based Financial TimesKaiser Kuo, Editor at Large who founded the #1 China podcast, Sinica; founded China's first and most successful heavy metal band, Tang Dynasty; and was former Global Communications Lead for Baidu (the Google of China)Our business leadership comes from:Anla Cheng, our founder, former CEO, and current chairperson, who has a many-decades-long track record of success at investing in China and global markets.Bob Guterma, our CEO (and former COO), who spent nearly 10 years living and working in China, helping multinational companies enter China and Chinese companies go global. He helped grow one of his past startup ventures, Capvision Partners (a Chinese investment research platform), from 30 employees to 300 employees in less than four years during his time in a C-level role there.Our investors and ownershipThroughout our seven-year history as a company, we have raised nearly $10M of private investment. Building a media business and establishing trust with a global audience takes time...a lot of time!Much of our funding in our earlier days came directly from our founder and executive chairperson, Anla Cheng, without whose vision and drive the company never would have even been born let alone reached the growth stage we are currently at.But in more recent years, we have also received significant funding from well-known venture capitalists and other private investors who prefer to remain anonymous for fear that their investment in us could negatively affect their other business dealings in China due to the work we produce that is sometimes critical of the Chinese government.We also raised $1.6M through a prior Reg CF round that launched in late 2021.We have never received any government money from the U.S., China, or any other country — except for subscription fees that are paid by various government offices on the same terms as our other paying subscribers.We report on China without fear or favor. Our mission is to help the world understand China better — not to like it more nor to like it less. In our entire history, we have never once amended our coverage at the request of any investor, subscriber, sponsor, client, or other stakeholder — and we never will.We feel these things are important to say clearly and out loud given the internet-wide troubles with censorship, fake news, news credibility, and so onJoin us — China news and data are critical to our futureWe'll say it again: China will never be less important than it is today. And therefore, China-focused news, information, and data services will only be more and more valuable to decision makers going forward.We believe that we are in the lead position within our space and that the opportunity is ours for the taking. With the support of you, the hundreds of others who have already invested in us, our thousands of paying subscribers, and our dozens of corporate clients — we believe that the future is brighter than ever!","location":"New York","website":"https://thechinaproject.com/","total_amount_raised":994188,"total_investors":49,"is_funded":true,"is_active":true,"quality_score":4,"related_urls":["https://wefunder.com/thechinaproject","https://thechinaproject.com/"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/123970/xxl_blob.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/123970/large_The_China_Project_logo_1674089910618.jpeg","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/123970/standard_blob.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/123970/standard_blob.jpg","profile_video_url":"https://wefunder.wistia.com/medias/hzzqf41l16"},"links":{"company_url":"https://thechinaproject.com/","linkedin_url":"www.linkedin.com/company/thechinaproject/","twitter_url":"https://twitter.com/thechinaproj","facebook_url":"https://www.facebook.com/thechinaprojectnews","instagram_url":"https://www.instagram.com/thechinaproj/","youtube_url":"https://www.youtube.com/c/TheChinaProject"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"Doubled revenue from 2020 to 2021"},{"index":2,"claim_id":"claim-fact-2","value":"Average subscription revenue growth of 55% the past 4 years"},{"index":3,"claim_id":"claim-fact-3","value":"We have raised nearly $10M to date from leading venture capitalists and China-focused investors"},{"index":4,"claim_id":"claim-fact-4","value":"China is more important to more companies, governments, and other decision makers than ever before"},{"index":5,"claim_id":"claim-fact-5","value":"Core team includes some of the most well known China-focused journalists in the industry"},{"index":6,"claim_id":"claim-fact-6","value":"More than 25 Fortune 500 clients"},{"index":7,"claim_id":"claim-fact-7","value":"We reach more than 2M individual readers per month across digital channels"}],"team":[{"id":3110474,"entity_id":"wefunder:company_role:3110474","user_entity_id":"wefunder:user:2756261","role":"founder","name":"Anla Cheng","title":"Founder \u0026 Chair","bio":"Anla was previously CEO of TCP for 7 years. Before that she had a finance career focused on Asia/China at Goldman, Citi, \u0026amp; Robert Fleming. She also ran an Asia/China fund of funds, Centenium Capital, \u0026amp; currently sits on the boards of a few philanthropies.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3110474/square_blob.jpg?1670615393","profile_url":"https://wefunder.com/anlacheng","linkedin_url":"https://www.linkedin.com/in/anla-cheng-01526a96/","related_urls":["https://wefunder.com/anlacheng"]},{"id":3180954,"entity_id":"wefunder:company_role:3180954","user_entity_id":"wefunder:user:2762691","role":"employee","name":"Bob Guterma","title":"CEO","bio":"Spent 5 years as a private investigator helping global investors and corporations operate successfully in China. Then spent 10 years in various venture-backed startups and management consulting roles, in China, Europe, and the U.S.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3180954/square_blob.jpg?1670205420","profile_url":"https://wefunder.com/bobguterma","linkedin_url":"https://www.linkedin.com/in/robertguterma/","twitter_url":"https://twitter.com/robertguterma","related_urls":["https://wefunder.com/bobguterma"]},{"id":3301536,"entity_id":"wefunder:company_role:3301536","user_entity_id":"wefunder:user:2797688","role":"employee","name":"Jeremy Goldkorn","title":"Editor in Chief","bio":"Sold his last China-focused media venture, Danwei, to the Financial Times of London (now owned by Nikkei Asia). Lived in China for 25 years, has been reporting on China for 30+ years.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3301536/square_blob.jpg?1670349181","profile_url":"https://wefunder.com/jeremy.goldkorn.2","linkedin_url":"https://www.linkedin.com/in/jeremygoldkorn/","twitter_url":"https://twitter.com/goldkorn","related_urls":["https://wefunder.com/jeremy.goldkorn.2"]}],"featured_investors":[{"id":6069,"entity_id":"wefunder:company_investor_profile:6069","investor_profile_id":2237443,"investor_profile_entity_id":"wefunder:investor_profile:2237443","subject_entity_id":"wefunder:user:2769319","name":"Ronald G Percival","avatar_url":"https://uploads.wefunder.com/2021/user_default_icon_circle.png","profile_url":"https://wefunder.com/ronald.g.percival","investment_total":35000,"investment_info":"Invested $30,000 this round \u0026 $5,000 previously","is_lead_investor":true,"related_urls":["https://wefunder.com/ronald.g.percival"]}],"investor_memos":[],"tab_counts":{"posts":0,"ask_questions":9,"featured_investors":1,"faq_entries":5},"active_fundraises":[{"id":71540,"entity_id":"wefunder:fundraise:71540","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"equity","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":500,"max_purchase":9,"funding_target":50002.44,"funding_started_at":"2022-12-02T01:39:58Z","funding_closed_at":"2023-11-01T04:01:54Z","auto_close_at":"2023-11-01T03:59:59Z"},{"id":71541,"entity_id":"wefunder:fundraise:71541","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"","currency":"USD","testing_the_waters":true,"min_purchase":500,"max_purchase":9,"funding_target":5000000.0,"funding_started_at":"2022-11-16T22:17:03Z"}],"latest_fundraise":{"id":71540,"entity_id":"wefunder:fundraise:71540","state":"successful","offering_type":"4(a)(6)","structure":"equity","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2022-12-02T01:39:58Z","funding_closed_at":"2023-11-01T04:01:54Z","terms":{"eb":null,"nb":"$41.5M","txt":"pre-money valuation"}},"recent_posts":[],"q_and_a":[{"id":231810,"entity_id":"wefunder:comment:231810","question":"😂 I think @Travis Shore was tipsy and made a Drunk \u0026amp; Type post here…","author_name":"Martin D. ","votes":4,"created_at":"2023-01-20T22:04:29Z","canonical_url":"https://wefunder.com/thechinaproject#question-231810","answers":[]},{"id":236118,"entity_id":"wefunder:comment:236118","question":"First, Besides subscription, event and business services, will database business become one of the pillar of the China project in the next couple of years? If so, could you share some plans about the data business? Second, when the audited 2022 financials become available, will we get to see it before this fundraising campaign ends?","author_name":"Yalin Zhu-Hu","votes":2,"created_at":"2023-02-23T23:05:41Z","canonical_url":"https://wefunder.com/thechinaproject#question-236118","answers":[{"id":236141,"entity_id":"wefunder:comment:236141","answer":"Hi Yalin, thanks for these great questions. Regarding the database business -- we have two products that are live and generating some revenue, but they remain in their \"version 1.0\" status. They are not ready to scale in the market -- although some of our core and most dedicated clients have paid for them and are using them. We foresee these products beginning to contribute more revenue as a percent of our total beginning in Q3 or Q4 this year. That being said, it is too early to say whether they will truly become \"pillars\" of our business going forward. Our primary focus right now is to aggressively grow revenue from group subscriptions for our core news and content offering -- ChinaAccess. This is a known product with a demonstrated track record in the marketplace with a more than 95% retention rate among B2B clients. Scaling that revenue is by far our fastest and also lowest risk path to profitability. So even if our data products do begin to grow more quickly -- I wouldn't forecast them to overtake standard news and media subscriptions in the next 18-24 months. Regarding 2022 audited financials -- yes, most definitely. By SEC regulation we must file an Annual Report that includes our most recent audited financials on or before April 30. April 30 is also the last day of the campaign. So, the financials should technically be available before the campaign ends, but perhaps not with a huge overlap. We plan to file as early as possible, but I can't say exactly how much the overlap would be between the availability of the financials and the end of the campaign. If you have specific question you want to dig deeper on -- I'd be more than happy to get on a call with you. My email address is bob@thechinaproject.com.","author_name":"Bob Guterma","votes":0,"created_at":"2023-02-24T00:59:29Z"}]},{"id":235931,"entity_id":"wefunder:comment:235931","question":"You mention that a competitor recently raised $14M from Sequoia Capital. Why have you choosen crowdfunding instead of receiving funding from a single, large VC too? And how was the previous $1.6M you raised in late-2021 spent?","author_name":"Marc Ramsey","votes":2,"created_at":"2023-02-22T17:05:02Z","canonical_url":"https://wefunder.com/thechinaproject#question-235931","answers":[{"id":235949,"entity_id":"wefunder:comment:235949","answer":"Hi Marc, these are excellent questions. Regarding why we opted not to go with a single, large investor, there are a few reasons. I will list our reasoning in ascending order of importance, culminating in the main reason we are going Reg CF, which is it is the fullest expression of our vision and identity as an independent news and data provider. The first and smallest reason is that we found most VCs unwilling to invest in us because investing in a news platform that is at times highly critical of the Chinese government would put their current or future China investments at risk. Doing one deal with us wasn't worth trading away all other deals they might ever do related to China. Such is the nature of China-related business these days. \"Self censorship\" is a term some people have used for this type of behavior. The second is that the motivations and goals of a large VC are not really aligned with our ethos of quality, independence, and focusing on building a solid business step by step. By raising a huge amount from a VC, you trade away a lot of control over where your business goes and what its culture and DNA are. We could sign up for that -- but we don't have to. Which brings me to my third and most important point -- we don't have to raise from a large VC because we have such a strong network of supporters who are already customers and fans. For us, raising money from our readers, listeners, and supporters is the most natural and indeed highest order fulfillment of our mission. Being funded by people who actually know and care about what we're doing ensures that we are building something that is meaningful to our target audience. When you raise $14M from a VC, you look in your bank account and think, \"Damn, I absolutely MUST be doing something right! Look at all that money.\" But you may also be falling susceptible to a \"build it and they will come\" mentality, and the customers may or may not actually be there. Whereas when your funders ARE your customers, you KNOW you are building something relevant to them. Lastly on this topic, and sort of a side point because it doesn't affect why we did what we did, is that I will be watching with great interest the next year or two to see whether that funding round for our competitor is considered to have been a good idea once things start to play out a bit. That level of investment at such an early stage of that company's growth from an investor like Sequoia puts an unspeakably large burden on them. They are literally obligated to hire up big time and start spending that money -- but I have my doubts about whether there is a sufficiently large market for a Sequoia-level return at that funding level. Much of the rationale for their deal was for data products that company is building, not it's journalism. But the data products it is building are incredibly similar to mature data products that already exist from companies like AsiaVerify and Sayari. I don't want to sound like I'm \"dunking\" on them or saying I think they made a mistake -- part of me is of course envious of their large raise. \"Oh the things we could do with all that money!\" But the risks to that level of funding outweigh the rewards, and I am extremely confident that the amount of money we are raising and the way that we are raising it are commensurate with the opportunity we are pursuing and, more importantly, in line with our vision, mission, and company culture. Regarding the question of how we've spent the money from our first Reg CF -- about half of it went to filling out our leadership roster and other new hires. We hired a Chief Marketing Officer, head of sales, and Chief Product Officer, in addition to a few new editorial team members. We've also in-housed our engineering department which had previously been outsourced. The other half went to continued operations and marketing/sales.","author_name":"Bob Guterma","votes":3,"created_at":"2023-02-22T18:49:40Z"}]},{"id":263082,"entity_id":"wefunder:comment:263082","question":"Potentially interested, and definitely interested in the idea. My biggest concern is around security/cybersecurity whether it may be hacking or leaking (falsely or not) information, which you do not address. Do you have any concerns around this occurring? Have you hired a cybersecurity firm or even anything of the likes? What measures do you have in place to address this currently?","author_name":"Michael Nadler","votes":1,"created_at":"2023-09-22T23:18:51Z","canonical_url":"https://wefunder.com/thechinaproject#question-263082","answers":[]},{"id":249559,"entity_id":"wefunder:comment:249559","question":"With the Regulation of \u0026nbsp;Crowdfunding deals the amount we can invest per year across this platform will hit the limit, so We were wondering if you have provisions to accept alternative outright financing. With that, we can cover over 60% of your target raise. Kindly reach out to me at\u0026nbsp;HornbeckInvestment@protonmail.com\u0026nbsp;so we discuss further.","author_name":"Hornbeck George","votes":1,"created_at":"2023-06-07T04:20:00Z","canonical_url":"https://wefunder.com/thechinaproject#question-249559","answers":[]},{"id":237760,"entity_id":"wefunder:comment:237760","question":"Anla, I could be wrong but I don't see the CHINA PROJECT getting many more investors at the current minimum invest amount of $500 with the uncertainty of the economy if you were to contact WEFUNDER to lower the minimum investment amount to let's say $100 I fill strongly that you would get more investors and raise at least one to two million dollars minimum in this campaign and I would become one of your new investors at that NEW lower minimum but I simply don't have $500 to invest in this campaign! Just something for you to think about and consider!","author_name":"Nahiem Hood","votes":1,"created_at":"2023-03-07T18:30:42Z","canonical_url":"https://wefunder.com/thechinaproject#question-237760","answers":[{"id":237931,"entity_id":"wefunder:comment:237931","answer":"Hi Nahiem, thank you for your message! We have taken your feedback under consideration and will get back to you if we end up reducing our minimum investment amount. Many factors played into our decision to start with a $500 minimum, but we will certainly continue to review the situation as our campaign continues. Thank you for your passion and interest!","author_name":"Bob Guterma","votes":0,"created_at":"2023-03-08T17:12:06Z"}]},{"id":231716,"entity_id":"wefunder:comment:231716","question":"What is the breakdown in revenue? How much is from events vs the subscription products?","author_name":"Dillon Newman","votes":1,"created_at":"2023-01-19T21:35:10Z","canonical_url":"https://wefunder.com/thechinaproject#question-231716","answers":[{"id":231764,"entity_id":"wefunder:comment:231764","answer":"Hi Dillon, thanks for the question! Over the past 2-3 years, revenue breakdown has been approximately one-third subscriptions, one-third events, one-third business services and other revenue sources. You can find all of this information in our audited financials through the Wefunder platform or directly through the SEC filings. This being said, going forward -- we expect subscription revenue to make up a larger and larger share of our overall revenue. It is our #1 strategic growth focus, and indeed it has been growing more quickly than our other revenue sources over the past year.","author_name":"Bob Guterma","votes":1,"created_at":"2023-01-20T14:17:47Z"}]},{"id":231698,"entity_id":"wefunder:comment:231698","question":"PEOPLE LEARN YOUR HISTORY!!!! THIS IS JUST ANOTHER STEP TO THE CHINA TAKE OVER OF AMERICA.. THE DREAM FOR MANY YEARS.. THEY KNEW THEY CANT BEAT US IN WAR SO THEY DECIDED TO BE FREINDS FAKE FRIENDS!!!!!! RESEARCH IT!!!!","author_name":"Travis Shore","votes":1,"created_at":"2023-01-19T18:55:30Z","canonical_url":"https://wefunder.com/thechinaproject#question-231698","answers":[{"id":231774,"entity_id":"wefunder:comment:231774","answer":"Hi Travis, my name is Bob and I'm the CEO of The China Project. I'm not sure what you're talking about. We are a U.S. company that provides news coverage of China, much of which is highly critical of the Chinese government. What 'step to the China take over of America' are you referring to here?","author_name":"Bob Guterma","votes":3,"created_at":"2023-01-20T16:43:58Z"}]},{"id":232002,"entity_id":"wefunder:comment:232002","question":"How do you envision shareholders making a return on their investment? This looks like a great business but I think large companies might balk at acquiring the China Project out of fear that their main business could suffer repercussions from the Chinese government. Can you also break down your revenue figures by dollar amount? (Not the percentage splits, the actual dollars coming in)","author_name":"Kevin Fulmer","votes":0,"created_at":"2023-01-23T22:01:03Z","canonical_url":"https://wefunder.com/thechinaproject#question-232002","answers":[{"id":232064,"entity_id":"wefunder:comment:232064","answer":"Hi Kevin, these are both great questions. Regarding how investors might make a return -- there are of course many ways investors may make a return, and we are unable to offer much concrete guidance on the likelihood of any of those outcomes for compliance reasons. We can't really comment too strongly on future events that haven't taken place yet. This being said, we do view some form of acquisition by a strategic acquirer as our most preferred form of future exit, and while you're right that there may be some political sensitivities in play, most strategic acquirers would already face those political sensitivities through the ongoing operations of their existing business. For example, Bloomberg, Thomson Reuters, and Dow Jones are all news, data, and information services businesses that could conceivably want to acquire a business like ours -- and they all already have to navigate the political sensitivities of reporting on or providing data on China. Regarding our specific revenue breakdown, our 2022 financials aren't through the audit process yet so for SEC compliance reasons I cannot tell you too much about them, other than to say you can find 2019, 2020, and 2021 numbers in their entirety through our past filings in the Details tab, and for 2022 our subscription revenue grew significantly over 2021, while other revenue streams grew less.","author_name":"Bob Guterma","votes":0,"created_at":"2023-01-24T06:04:57Z"}]}],"faq":[{"question":"PEOPLE LEARN YOUR HISTORY!!!! THIS IS JUST ANOTHER STEP TO THE CHINA TAKE OVER OF AMERICA.. THE DREAM FOR MANY YEARS.. THEY KNEW THEY CANT BEAT US IN WAR SO THEY DECIDED TO BE FREINDS FAKE FRIENDS!!!!!! RESEARCH IT!!!!","answer":"Hi Travis, my name is Bob and I'm the CEO of The China Project. I'm not sure what you're talking about. We are a U.S. company that provides news coverage of China, much of which is highly critical of the Chinese government. What 'step to the China take over of America' are you referring to here?"},{"question":"What is the breakdown in revenue? How much is from events vs the subscription products?","answer":"Hi Dillon, thanks for the question! Over the past 2-3 years, revenue breakdown has been approximately one-third subscriptions, one-third events, one-third business services and other revenue sources. You can find all of this information in our audited financials through the Wefunder platform or directly through the SEC filings. This being said, going forward -- we expect subscription revenue to make up a larger and larger share of our overall revenue. It is our #1 strategic growth focus, and ..."},{"question":"How do you envision shareholders making a return on their investment? This looks like a great business but I think large companies might balk at acquiring the China Project out of fear that their main business could suffer repercussions from the Chinese government. Can you als...","answer":"Hi Kevin, these are both great questions. Regarding how investors might make a return -- there are of course many ways investors may make a return, and we are unable to offer much concrete guidance on the likelihood of any of those outcomes for compliance reasons. We can't really comment too strongly on future events that haven't taken place yet. This being said, we do view some form of acquisition by a strategic acquirer as our most preferred form of future exit, and while you're right that ..."},{"question":"You mention that a competitor recently raised $14M from Sequoia Capital. Why have you choosen crowdfunding instead of receiving funding from a single, large VC too? And how was the previous $1.6M you raised in late-2021 spent?","answer":"Hi Marc, these are excellent questions. Regarding why we opted not to go with a single, large investor, there are a few reasons. I will list our reasoning in ascending order of importance, culminating in the main reason we are going Reg CF, which is it is the fullest expression of our vision and identity as an independent news and data provider. The first and smallest reason is that we found most VCs unwilling to invest in us because investing in a news platform that is at times highly critic..."},{"question":"First, Besides subscription, event and business services, will database business become one of the pillar of the China project in the next couple of years? If so, could you share some plans about the data business? Second, when the audited 2022 financials become available, wil...","answer":"Hi Yalin, thanks for these great questions. Regarding the database business -- we have two products that are live and generating some revenue, but they remain in their \"version 1.0\" status. They are not ready to scale in the market -- although some of our core and most dedicated clients have paid for them and are using them. We foresee these products beginning to contribute more revenue as a percent of our total beginning in Q3 or Q4 this year. That being said, it is too early to say whether ..."}]}}}