云启资本

RealMan Partners with China Construction Eighth Engineering Division: Self-Propelled Intelligent Rebar-Tying Robot Makes Debut | Yunqi Capital

Bringing robotic arms into millions of households — lending a "hand" to a better life

Second State Founder Michael Yuan: Can Red Hat's Success Be Replicated? | 2022 China Open Source Conference Commercialization Forum x Yunqi Capital

The whole point of SaaS is developer-led growth.

Multiple Yunqi Capital portfolio companies selected for 36Kr's "WISE2022 King of New Economy" list | Yunqi Capital News

Through the Winter, Looking Ahead

Go Discover, Go Challenge! PingCAP DevCon 2022 Goes Live Tomorrow | Yunqi Capital X PingCAP

From Cloud Native to Serverless: Reflections and Takeaways

"Neolix Autonomous Vehicles" Expands to Japan, Launching Driverless Delivery Services in Ishikari City | Yunqi Capital

Make Self-Driving Cars Go Global

"XTransfer" Releases *2022 First Three Quarters SME Export Trade (B2B) Index Report* | Yunqi Capital Industry+

Steady progress through innovation

Argentina Lost, But Don't Panic — Someone Still Thinks They Can Win It All! | Yunqi Capital Science Chat

In the end, it turned out AI wasn't even as accurate as an octopus.

Michael Mao Named Among China's Top 3 Angel Investors | Yunqi Capital News

Resilient Growth, Moving Toward the Light

RisingWave Founder Yingjun Wu: Building a Global Distributed Open-Source Software Company | COSCon'22 Commercialization Forum × Yunqi

Open source is eating software.

Two FDA INDs Approved in Two Years: Triastek's Third 3D-Printed Drug Enters Clinical Trials | Yunqi Capital

Enhanced Safety Through Precision Drug Targeting and Delivery

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"