'Suspiciously similar to sort of the core premise of Shark Tank': A Daily Caller News Foundation reporter discussed venture capital (VC) firms participating in Chinese government-backed entrepreneurial contests that play into Beijing’s “technology transfer” strategy. DCNF Investigative Reporter Philip Lenczycki described how five VC firms participated in the CCP’s “Thousand Talents” program during his appearance on Bannon’s War Room. GGV Capital, GSR Ventures, IDG Capital, Sequoia Capital and Walden International reportedly serve as “angel investors” for start-up project contests that support the Chinese government’s Thousand Talents plan.