Articles
Revisiting Shan Weijian: Plain Water and Financial Storms
Drink the lightest water, close the biggest deals.
When a Music Festival Operator Sets Sights Overseas | An Yong Looks at the World
Face to face, eye to eye.
China's USD Funds Won't Disappear
Live long enough to long China.
Exclusive | $200M+ Valuation in Three Months! Gen Z-Founded LLM Startup Raises Another Tens of Millions in USD Funding
"Waves" has learned that Sapient Intelligence has raised another tens of millions of dollars in a Seed+ round, less than three months after its previous eight-figure dollar funding. This round's investors include JAFCO, Japan's largest private equity investment group, along with other well-known international investment institutions. Minerva Capital continues to serve as the long-term exclusive financial advisor.
138-Year-Old Bosch Goes Deep on an Industrial Capital Experiment | Ruqiju
"Entering the Game" is a regular column from *Dark Tides Waves*. It grew out of our observation that once-reliable operating models are facing new challenges, and the industry rules inherited from West to East have been disrupted. People urgently need a new map and new order for innovation and capital. "Entering the game" itself is the most precious posture of all. **"Entering the Game" was born amid transformation.** If we had to summarize this column's subject in one sentence: we hope to find the new [cut off]
The AR path is grueling, but Xu Chi still wants to know what the finish line looks like | WAVES
Those without ideals don't grieve.
Overseas Country Managers Living on the Edge | *Dark Currents: A Global View*
It might be a cushy gig, but it's no dream job.
ZhiLin Yang's Late-Night Response: Yutong Zhang, Kimi, and the Loop of Past Events
"Grateful to all our investors for supporting the entrepreneurial dream."
Exclusive | On the Kimi Case, Allen Zhu Spoke With Us for 20,000 Words Straight
On gain and loss.
Hillhouse Capital Raises 3 Billion Yuan "Anti-Risk" Fund, a New Way to Win Back LPs
Seeking outsized yet steady returns.









