Articles

Source Code Capital Alumni | KPMG Global Fintech 100: Qudian Ranks Second

Source Code Capital Alumni | KPMG Global Fintech 100: Qudian Ranks Second

Every year, the Fintech ranking jointly released by H2 Ventures and KPMG is a major event for taking stock of global fintech companies. The 2016 Global Fintech 100 list was recently unveiled. **China claimed five of the top ten spots, with Qudian ranking second, just behind Ant Group**.

Source Code Capital Launches 2017 Campus Recruitment

Source Code Capital Launches 2017 Campus Recruitment

Preface Yi Cao, founding partner of Source Code Capital, once said that the more success factors a startup assembles, the greater its chances of winning. It's like gathering all seven Dragon Balls to summon Shenron.

Yi Cao: Source Code Capital's "Three Horizontals, Nine Verticals" Investment Map

Yi Cao: Source Code Capital's "Three Horizontals, Nine Verticals" Investment Map

It has been nearly two decades since the "Big Three Portals" — NetEase, SINA Corporation, and Sohu — were founded, and the explosive growth of China's information industry has been as sweeping as the Industrial and Electrical Revolutions that came before it. **The sector's total market cap has grown from less than $10 billion in 2004 — the year I stumbled into venture capital — to roughly $700–800 billion today.** Tencent alone has surged from a market cap of nearly $1 billion at its 2004 IPO to $260 billion now, alongside Alibaba.

Yi Cao: The More Cross-Disciplinary a Startup, the Higher Its Odds of Success

Yi Cao: The More Cross-Disciplinary a Startup, the Higher Its Odds of Success

In 2015, the success rate for internet startups in China was roughly 5%. Behind this brutal statistic lay the confusion of countless entrepreneurs: **How could they improve their odds of success? How could they break through in the shadow of internet giants like Tencent and Alibaba?**

Yi Cao Named to ChinaVenture-FT China Top 100 Investors of the Year 2016

Yi Cao Named to ChinaVenture-FT China Top 100 Investors of the Year 2016

On August 15, 2016, ChinaVenture held its "2016 China Investment Annual Conference" in Shenzhen, where it also released the "2016 China Best Investors" list. Yi Cao, founding partner of Source Code Capital, was named to the "China Top 100 Leader Investors."