What Potholes We Hit in Three Years of Entrepreneurship | 2017 Ma Hui
**"You don't realize you're in a pit until you actually step into it — you only know once you've gone in and experienced it yourself."**
Articles
Qin Zhi: The Things Only Entrepreneurs Can Teach Themselves | 2017 Ma Hui
Compared to most entrepreneurs, Qin Zhi was lucky — he personally led a startup to a successful Nasdaq listing. He was also unlucky — forced out after a power struggle with the controlling shareholder. These dramatic ups and downs gave him a depth of experience and reflection on people and situations that few others possess.
Lianjia's Zuo Hui: My Understanding of the Real Estate Industry | 2017 Code Conference
At Source Code Capital's 2017 Code Conference, Zuo Hui, chairman of Lianjia, shared the company's perspective and understanding of the real estate industry.
Yiming Zhang: Avoid the Arrogance of Rationality as CEO | 2017 Source Code Capital Annual Meeting
"Context, not Control"
Source Code Capital Announces Successful Close of Fund III to Help Tech Companies Create Lasting, Real Value
Source Code Capital founder Yi Cao announced at today's "Ma Hui" opening ceremony the successful close of the firm's third fund: the final close of a $260 million Fund III USD vehicle and the first close of a 1.5 billion RMB Fund III RMB vehicle.
Yongqianbao Announces Completion of 466 Million Yuan Series C Funding Round, Source Code Capital Follows On
On March 28, Yongqianbao announced the completion of its Series C funding round. This round was led by BRIC Capital and CICC Alpha; Guoke Jiahe, Source Code Capital, Sinovation Ventures, Guangxin Capital, and other institutions also participated.
Cijinrong Announces Completion of 65 Million Yuan Series A Funding Round Led by Source Code Capital
On March 20, Cijinrong — a supply-chain finance company that had been operating for seven months — announced the completion of its Series A funding round, raising RMB 65 million led by Source Code Capital, with Matrix Partners China and Yunqi Capital making additional investments.
Yi Cao: Inclusive Finance Enters an Era Where "Internet Plus" and "AI Plus" Work in Tandem
According to Zero One Finance's *2016 China Consumer Finance Annual Development Report*, P2P consumer finance assets reached 99.1 billion yuan in 2016, up 90.9% year-over-year, with conservative estimates projecting 200 billion yuan for 2017. Consumer finance asset-backed securitization also accelerated: in 2016, 51 consumer finance ABS products were issued for a total of 93.632 billion yuan — 6.76 times the 2015 figure.
Ma Hui | Synced Closes Pre-A Round Led by Toutiao, with Source Code Capital as Follow-On Investor
Recently, Synced closed its Pre-A funding round, led by ByteDance with participation from Source Code Capital, Xunchan Tou, and 5Y Capital. Going forward, Synced will work closely with these four strategic investors, along with its previous angel investor Legend Star Comet Labs, to deepen collaboration across content, investment, industrial services, project incubation, and technology research in the global AI space — with specific partnership details to be announced in phases.
Yimidida Closes Series A+ Round, Securing Two Funding Rounds in Three Months
Domestic logistics network platform Yimidida completed its Series A+ funding round today, raising over 100 million yuan. This round comes just three months after the company's previous Series A round.