云启资本

Think of Yourself as a Large Model: Quantity First, Then Emergence | ASK VC x Yunqi YoUNg Talent

Actively explore, accumulate over the long term, embrace complexity.

"Cloud News · Business Chalkboard" — First Issue Now Live! Ten Tech Industry Developments Worth Watching

Ignite curiosity and seek answers this summer.

XTransfer Partners with Meta to Help Foreign Trade Industry Cut Costs and Boost Efficiency | Yunxun

Launch "WhatsApp for Business" to further reduce costs and improve service.

Why Won't Chinese Database Companies Simply "Copy" the Snowflake Model? | Yunqi Capital Science Chat

Respect the market, seek common ground while reserving differences.

Where the Clouds Rise: Gathering Strength, Treading Lightly, Exploring Western Yunnan — Notes from Yunqi Capital's 2023 Outing

Beyond the clouds of the south, where no influencer has ventured, exploring what no one has yet discovered.

Yunqi Capital Named to 36Kr's "Most Founder-Friendly Early-Stage Investment Firm" for Fifth Consecutive Year | Yunqi Capital News

Keep digging deeper, embrace the challenge.

Yunqi New Energy and Digitalization Forum Held in Changzhou | Yunqi Ecosystem

Connecting portfolio companies with industry leaders to drive deep integration between innovation chains and industrial chains.

Yunqi Capital Invited to Become a Founding Council Member of the Global Tech Industry Alliance | Yunqi News

Helping Unite Global Tech Forces

"Startup Side B" Debuts | How AI + Robotics Are Reviving the World's Oldest Industry

Dare to imagine the beautiful; creativity can go wild.

Windrose Technology has raised several hundred million yuan in a Series A round, with Yunqi Capital as co-lead investor | Yunqi Capital

Embracing a more economical, cleaner, and intelligent future for the logistics industry.

Vol.18 The Non-Sci-Fi Story of Brain-Computer Interfaces: From Top-Tier Hospitals to Home Bedrooms, How Many Steps to Rebuild Prefrontal Order? | A Conversation with Ximing Wang of Kongshan Ci

Vol.17 48-Hour Xiaohongshu Hackathon Hit: How an AI-Native Product That Broke the "Retention Curse" Was Built --- Two weekends ago, I participated in a 48-hour hackathon hosted by Xiaohongshu. Our team of four built an AI-native product from scratch — no code, no design background between us — and ended up winning the "Most Popular" award. The product? A voice diary app called **"Echo"** that uses AI to turn fragmented daily moments into serialized, episodic "life podcasts." Think *This American Life*, but starring you. What surprised me wasn't that we won. It was that people kept using it *after* the demo. Here's the dirty secret of AI hackathons: most projects die the moment judges stop clapping. The "retention curse" is real — users try your GPT wrapper once, say "neat," and never return. We broke that pattern. Our daily active user rate among beta testers hit 34% in week one, which for a hackathon product is basically unheard of. How? Three deliberate choices we made against hackathon orthodoxy. **First, we refused to build a chatbot.** The default AI product in 2024 is still "talk to a large language model." We explicitly rejected this. Chat interfaces create *performance anxiety* — users feel pressure to ask the "right

Vol.16 Tsinghua Entrepreneur-Scientist Huazhe Xu: From Intelligent "Hatching" to Home Embodiment, Stubbornly Chasing Originality in the AI Wave

Vol.15: The Post-'98 Founder Who Built a $20M Business in Two Years — On Building an AI That Talks Back | A Conversation with Kicker's Founder

Vol.14 OpenClaw Is Just the Beginning: Are Agents Reinventing the Company? | A Conversation with Happycapy's Founder

Vol. 13 The Smarter AI Social Gets, the More Human We Become Like NPCs? A Conversation with a Former Otome Game Writer and AI Social Entrepreneur on Relationships and AI

Vol.12 Cuflow Yang Bolin: Gen Z Founder Building AI Products — Have Investor Standards Changed? | Y Transformers

Vol.11 AI Translation Pushed to the Extreme: Where Innovation Begins — The Product Logic Behind a New Hit and Its Overseas Expansion "Playbook"

Vol.10: Do Robot Woks Make Pre-Made Meals? A Conversation with Geng Kaiping of ZhiGu TianChu

Vol.09 How Should Search Engines Work in the Agent Era? A Conversation with Yu Chen and Zhiheng Du on AI "New Infrastructure"