Help Wanted: 25-Year-Old’s Phone Startup Seeks VC Funds

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OnePlus, a China-based smartphone maker, is in talks to obtain Silicon Valley venture capital funding to help double its workforce as it boosts output.

OnePlus, which offers phones at less than half the price of flagship models by Samsung Electronics Co. and Apple Inc., plans to boost staff to 1,500 employees this year, said co-founder Carl Pei, who started the company in 2013 with six people.