Serial entrepreneurs Rick Marini and Michael Levit are selling companies to China — for a lot of money

img_0755 Michael Levit knows a thing or two about China. As an executive vice president at the e-commerce services company Vendio, he stayed with the company for six months after Alibaba agreed to acquire it in 2010. (It marked the Chinese conglomerate’s first U.S. acquisition.) Levit says it was long enough to develop a consumer shopping project called Dealio that Alibaba had no interest… Read More

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