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2024's First Major Consumer Investment Deal

2024's First Major Consumer Investment Deal

Crossing borders.

暗涌Waves·2024年1月26日
When the Inventor of Unicorns Stops Believing in Unicorns

When the Inventor of Unicorns Stops Believing in Unicorns

Using valuation as the benchmark for a unicorn's success is convenient, but far from perfect.

暗涌Waves·2024年1月25日
A Letter from a VC to Its LPs

A Letter from a VC to Its LPs

A microcosm of China's golden age of venture capital.

暗涌Waves·2024年1月24日
Who's Who in Shenzhen Capital Group's New Leadership Team

Who's Who in Shenzhen Capital Group's New Leadership Team

To study an organization, start with the people.

暗涌Waves·2024年1月23日
Looking Back at 2023: The World Has Really Changed

Looking Back at 2023: The World Has Really Changed

These people and events reshaped 2023 — and will shape the years ahead.

暗涌Waves·2024年1月22日
How an Under-the-Radar FA Closed Billion-Yuan Deals | Getting In

How an Under-the-Radar FA Closed Billion-Yuan Deals | Getting In

Head down.

暗涌Waves·2024年1月4日
Investors Trapped in Repurchase Agreements

Investors Trapped in Repurchase Agreements

A dead-end loop.

暗涌Waves·2024年1月3日
Two Masterstrokes in NIO's Fundraising History

Two Masterstrokes in NIO's Fundraising History

There is no successful fundraising, only fundraising of the times.

暗涌Waves·2023年12月25日
Money, Contradictions, and ESG

Money, Contradictions, and ESG

*Who Cares Wins*

暗涌Waves·2023年12月19日
A Conversation with Xiangqian Song: Back to the Fields of Hope

A Conversation with Xiangqian Song: Back to the Fields of Hope

A primary market — and even the broader business world — governed by systems and entrenched beliefs often speaks with just one voice.

暗涌Waves·2023年12月19日
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