Even after Yiqun Bo and Jerome Scola closed the first round of funding for their new venture at $2 million dollars, Chinese angel investors kept approaching them.
"We just had to tell them, we're sorry, the fund is closed," remembers Scola, co-founder of Day Day Up, a global network of workspaces for tech startups.
Last month, the company opened its first office space - an airy penthouse with filtered air, a sleek design and a view over the trendy Beijing neighborhood of Sanlitun, where the likes of Airbnb, Flipboard, Uber and Linkedin have also set up shop.
Day Day Up is not alone in attracting more interest than the founders can handle.
In the past, Chinese startups struggled to find early investors who had the networks and expertise to help entrepreneurs develop products and nurture good ideas before they hit one of the most competitive tech markets on earth.
Recently, though, a slowing economy, the success of a few homegrown angel investors and limited investment options have combined to set the ranks of China's nouveaux riche – especially those that made their their money in the IT sector - on the hunt for the next unicorn. It's a development that could for the first time give Chinese start-ups room to more easily polish their ideas and craft business plans that can cross borders.