Alex Zhou
周志峰
Alex Zhou is a Managing Partner at Qiming Venture Partners, where he joined in 2014 and was promoted in May 2024, with a long-term focus on frontier tech and AI. In May 2026 he was named to the Forbes Midas List — and the same year has been a strong exit window for him: in the first five months of 2026 alone, four portfolio companies (Biren Technology, Zhipu AI, Axera Semiconductor, Viewtrix Technology) went public.
His signature is early, contrarian timing — what Qiming describes as a pragmatic "half-step ahead" approach, entering before mainstream recognition rather than chasing hype. In late 2019, when China's GPU ecosystem was still immature, he led Biren Technology's seed round at founding and backed it through subsequent rounds, eventually seeing it become the first Hong Kong-listed GPU company. In early 2022, before LLMs were widely recognized commercially, he invested in Zhipu AI, supporting development of its first-generation GLM model. His embodied-intelligence track runs even longer: he backed UBTECH Robotics over a decade ago, and has since led investments in full-stack robotics names including TARS, Dexmal, GalaxyBot and ACE Robotics.
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Coverage
Qiming Venture Partners' Alex Zhou: Robotics and Embodied AI Will Rise Over the Next Decade, with Quality Startup Opportunities Emerging Across the Supply Chain
In the robotics and Embodied Artificial Intelligence space, Qiming Venture Partners continues to closely track industry evolution and seize investment opportunities in line with market trends, but it does not simply chase hot topics.
Qiming Star | Mech-Mind, Global Leader in Robot Brains, Successfully Lists on Hong Kong Exchanges and Clearing Limited | Bilingual
Qiming Venture Partners was the sole investor in Mech-Mind's Series A+ round in early 2019, and has been a partner to the company ever since.
Xinguang completes 100 million yuan angel round led by Qiming Venture Partners
Dedicated to providing core optical interconnect products and next-generation full-stack optical interconnect solutions for global AI computing clusters, with the aim of becoming the defining force in optical interconnect technology for the world's AI infrastructure.
Qiming Venture Partners' Alex Zhou: Riding the Tech Wave to Find AI's Commercial Inflection Point | WAIC 2026
Stick to the "half-step ahead" investment methodology, and only invest within your circle of competence.
Qiming Venture Partners' Alex Zhou: At the 'Everest Base Camp,' Foreseeing the Path to Kingship for AI Startups
Artificial intelligence is undergoing a profound shift from "bolt-on" to "built-in," from spectacle to commercial deployment.
Qiming Venture Partners and Portfolio Companies Win 2026 Golden Eagle Venture Capital and Sci-Tech Innovation Seedling Awards
Continuously identifying outstanding leaders in the venture capital and startup space, while witnessing entrepreneurial ventures grow from tender "new shoots" into towering trees.
Qiming Venture Partners | WAIC Qiming Venture Partners Entrepreneurship and Investment Forum—The Evolution from Computing Power Origin to Application Success Held in Shanghai
As one of the most forward-looking and influential venture capital firms in artificial intelligence, Qiming Venture Partners has hosted this forum for four consecutive years. It is also the only forum at this year's World Artificial Intelligence Conference initiated by a venture capital firm, designed to showcase and explore the latest breakthroughs in AI's evolution from underlying computing power to industrial application — all through the lens of innovation.
Guest Lineup Revealed | 2026 WAIC Qiming Venture Partners Entrepreneurship & Investment Forum: The Evolution from Computing Power Origin to Application Deployment
Decoding the Paradigm Shift in the Large Model Era: How the Industry Can Move Beyond Pure Parameter Chasing to Ruthless Exploration of Real-World Scenarios, Cost Efficiency, and Closed-Loop Business Models
Qiming Venture Partners and Its Investors Named to 36Kr China Equity Investment Annual Lists
Time only rewards those who truly understand what they're doing.
Qiming Headlines: Intelligence Ignites the Future — Qiming Venture Partners' 17th RMB Fund Annual Meeting and Investor Summit Successfully Held in Shanghai
Qiming Venture Partners Maintains Investment Discipline, Proactively Captures Market Opportunities as Deal Flow Continues
Qiming Toutiao | Qiming Venture Partners' Alex Zhou Named to Forbes 2026 Midas List of World's Top Venture Capitalists
The systematic capabilities Qiming Venture Partners has built over nearly two decades: long-term conviction focused on two core sectors, a systematic "half-step ahead" deployment strategy, and full-chain expertise spanning early to growth stages.
Qiming View | Alex Zhou and Chen Nan of Qiming Venture Partners: Witnessing Yunyinggu Technology Team's Exponential Growth, Staying 'Half a Step Ahead' Through Long-Termism
Qiming Venture Partners' investment strategy is becoming increasingly focused, staying committed to deepening its existing circle of competence and building out its portfolio with steady, deliberate execution.
Morning Star | China Display Chip Design Leader Yunyinggu Technology Lists on Hong Kong Exchanges and Clearing Limited | Bilingual
As early as 2019, Qiming Venture Partners led Yunyinggu's Series C round and continued to back the company in its subsequent Series D financing.
Morning Star | Lixue Xia on Building the 'Most Efficient Token Factory'
China will become the world's "token factory" in the future. In the past, Made in China meant manufacturing. Now, it's AI Made in China.
Qiming Star | Tashi Zhihang's Yilun Chen: Third Attempt at a Trillion-Dollar Track
We're not afraid of failure at all, but we want to move fast and generate a lot of original, self-driven solutions and ideas.
AlphaLeads | Financial AI frontrunner Xuntu Technology (AlphaPai) closes nearly RMB 200 million Series A led by Qiming Venture Partners
Pioneer in Financial AI
Qiming Star | Tashi Zhihang CEO Yilun Chen Makes GTC Debut: Globally Unveils AWE 3.0, the First General-Purpose Embodied Large Model That Can Actually Work, Establishing New Path for Physical AI
AWE 3.0's design goals are clear and pragmatic — to get robots truly "out of the greenhouse, onto the job site, and capable of generalizing across tasks."
CODE27 Raises Over $10 Million, Led by Qiming Venture Partners
Building an immersive interaction platform dedicated to exclusive AI characters.
Qiming Weekly: Top 10 Portfolio Company Updates, Vol. 06, Feb. 25, 2026
Staying with you through milestone moments for Qiming Venture Partners' portfolio companies
Qiming Venture Partners Portfolio Company Zhipu AI Open-Sources GLM-5: From Code to Engineering, the Best Open-Source Model for the Agentic Engineering Era
On the authoritative global Artificial Analysis benchmark, GLM-5 ranks fourth worldwide and first among open-source models.
Qiming View | Three AI IPOs in First Weeks of Year: Qiming Venture Partners' Alex Zhou on Following Power Law, Betting on Long Slopes and Big Tracks in Tech
To Alex Zhou, an IPO is a staging ground — a place to face tougher challenges, build up strength and resources, and prepare to strike.
Qiming Star | China's Edge AI Chip Leader Aixin Yuanzhi Debuts on Hong Kong Exchanges and Clearing Limited
Qiming Venture Partners led Aixin Yuanzhi's Pre-A funding round in early 2020, becoming the company's earliest investor, and continued to support the company's growth in two subsequent funding rounds.
Qiming Venture Partners' Alex Zhou: AXERA's "Chip and AI" Expertise and Platform Strategy Built Its Success
Qiming Venture Partners has landed its third AI-related IPO in less than 40 days since the start of 2026.
Qiming Venture Partners and Six Team Members Honored on LP CLUB 2025 Annual Rankings
Recognizing outstanding organizations and individuals who have forged ahead with remarkable achievements over the past year, setting new benchmarks for industry development.
Five AI IPOs in Seven Months, Qiming Venture Partners: Investing in AI Is the Biggest Certainty for China Over the Next Two Decades
Thirteen years, over 100 portfolio companies, covering the full AI industry chain.
Dancing with Love, Zhang Huaiting: Staying a Calm "Value Builder" Amid the AI Hype
Make decisions toward your goals, not away from your difficulties.
A Conversation with Huaiting Zhang of Yuaiweiwu: The Veteran Founder Who Doesn't Take Detours | BlueRun Ventures Family Spotlight
"Founders never truly fail."
Qiming Venture Partners' Alex Zhou: Zhipu AI's Successful IPO Is a Huge Confidence Boost for China's Long-Term Sectors
Qiming Venture Partners adheres to a "half-step ahead" investment methodology: positioning itself before a major wave coalesces into explicit consensus, yet not so early that it enters purely unconverged scientific exploration. This demands deep industry understanding from the firm and a powerful "radar" network to capture convergence signals.
Morning Star | Zhipu AI, a Pioneer and Leader in China's AGI, Successfully Lists on Hong Kong Exchanges and Clearing Limited | Bilingual
Qiming Venture Partners co-led Zhipu AI's Series B1 round in early 2022 — nearly a year before ChatGPT's release ignited the global large language model wave. It was this funding that enabled Zhipu AI to push through the R&D of its first 100-billion-parameter model, GLM. Qiming Venture Partners continued to back the company in its Series B2 and B4 rounds.
Qiming Venture Partners Investors Land on ChinaVenture 2025 Investor Rankings
A bellwether for China's equity investment industry and a key reference for major institutional LPs when making allocation decisions.
Qiming Star | Biren Technology, Leading Domestic GPU Company, Successfully Lists on Hong Kong Exchanges and Clearing Limited | Bilingual
Qiming Venture Partners was one of Biren Technology's earliest and most steadfast supporters. When Biren Technology was founded in 2019, Qiming Venture Partners came in as a founding investor, leading the company's first funding round, and has continued to back the company's growth ever since.
Qiming Venture Partners' Alex Zhou: From Founding Investor to IPO Cornerstone, Firmly Believing in Biren Technology's Ability to Navigate Long Cycles
"We won't invest too early before the wave arrives, nor will we follow the crowd once the wave has fully formed. We aim to seize the moment — that 'half-step' just before the big wave hits — to find and back the most promising teams."
Qiming Weekly | Qiming Venture Partners Portfolio News and Updates Vol. 45, 2025
Following the milestones of Qiming Venture Partners' portfolio companies, together with you.
Morning Star|Noitom Robotics Closes Pre-A+ Round Led by Qiming Venture Partners
is a data company serving the Embodied Artificial Intelligence and humanoid robotics industry
Qiming Venture Partners Earns Five Spots on 2025 Forbes China Midas List
Identify and recognize 100 investors who have delivered strong performance over the past five years.
I think the sun will shine bright tomorrow morning | Opening Remarks
Maybe wrong, always fun.
Qiming Venture Partners Weekly | Portfolio Company Updates and Funding News Vol. 37, 2025
Staying with you through the milestone moments of Qiming Venture Partners' portfolio companies
Qiming Venture Partners and Over 10 Portfolio Companies Named to Diyixinsheng's 2025 China AI Industry Innovation Pioneer List
The ranking aims to provide comprehensive insight into the AI industry's current state, competitive landscape, application trends, and emerging opportunities — identifying exceptional companies that demonstrate cross-cycle resilience and high growth potential, and that have earned recognition from both investors and customers.
Qiming Venture Partners Portfolio Company Yunji Technology Debuts on Hong Kong Stock Exchange
In 2021, Qiming Venture Partners led the Series C round for Yunji Technology and continued to support the company's growth in subsequent funding rounds.
Dialogue | Has the AI Cognitive Revolution Already Arrived?
Alex Zhou, Managing Partner at Qiming Venture Partners, and Dr. Wei Liu, Founder and CEO of Qiming portfolio company Video Rebirth, engaged in an in-depth dialogue on core topics including the evolution path of AI technology, industry transformation trends, startup competition, and global expansion strategy — shedding light on the technological trends of the AI 2.0 era and the breakthrough strategies for China's science and technology enterprises.
Qiming Venture Partners Portfolio Company Tashi Zhihang Unveils World's First Scalable Real-World Embodied Multimodal Dataset WIYH
This achievement marks the formal establishment of Tashi Zhihang's industry-first human-centric embodied data engine paradigm — a technical approach that leads Tesla's Optimus by roughly six months.
Qiming Venture Partners and Its Investors Named to 36Kr's 2025 China Industrial Investors Annual List
The list aims to identify investment firms and investors who embrace patience and foresight, and who are putting their convictions into practice to inject the strongest possible momentum into industries of the future.
Morning Star | He Wang of Galaxy Universal: Focused on Developing Embodied Artificial Intelligence Multimodal Large Model General-Purpose Robots, Offering Cross-Domain Generalization Solutions
From day one, Galaxy Universal locked in three core loops: in-house hardware R&D to ensure reliability; proprietary intelligence development; and building its own database.
Qiming Venture Partners Portfolio Company UBTECH Lands $250 Million Humanoid Robot Order, Setting New Global Single-Contract Record
UBTECH has partnered with well-known companies in new energy vehicle manufacturing, 3C manufacturing, and smart logistics. Its industrial humanoid robot, the Walker S series, has become the humanoid robot deployed for training in the largest number of factories globally.
Morning Star | Infinigence AI's Yu Wang: Token Has Become One of the Most Core Production Factors in the Intelligence Era
Infinigence AI hopes to both empower industries across the board through AI cloud capabilities and help new smart devices reach millions of households.
The AI Investment Mid-Game: Talent Wars, Faith Divides, and Super Opportunities
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Qiming Venture Partners and Executive Director Mao Shuo Named to TMTpost's 2025 H1 Pioneer Rankings
The venture capital world is flourishing in a more diverse and dynamic direction.
Qiming Venture Partners and Multiple Portfolio Companies Named to Jazzyear's 2024-2025 China Tech Industry Investment Rankings
The list aims to recognize outstanding investment institutions, investors, and science and technology innovation enterprises that have made significant contributions to the development of China's tech industry.
Qiming Star | Video Rebirth's Wei Liu: Video Generation Models Are the Optimal Path to Building World Models
Video Rebirth defines the video-native world model as a combination of a world simulator and a world predictor.
Qiming Star | Yuaiweiwu CEO Huaiting Zhang: To Build an AI Application Startup, First Close the Business Loop, Then Let the Model Take Over
The entrepreneurial opportunity in AI applications lies in using generative AI to transform services into manufacturing.
Dialogue | Qiming Venture Partners' Alex Zhou with Tashi Zhihang's Yilun Chen and Yuanli Lingji's Tang Wenbin: Macro Consensus and Micro Divergence on Embodied Artificial Intelligence
Continuing to explore general-purpose robots, the ultimate goal of AGI
Q&A | Duane Kuang and Qianli Technology's Qi Yin: Closed-Loop Business Models Sustain Tech Progress, AI Era Offers Huge Hardware Opportunities
Because of the changes brought by AI Agent assistants and operating systems, many different hardware form factors will emerge in the future before gradually converging. This is a space where both tech giants and startups will have significant opportunities.
Qiming View: Technology Grows Upward, Applications Take Root Downward — Releasing the AI Resonance Cycle and Top 10 AI Predictions for 2025
This year, AI has entered a "resonance cycle of technology and application." On one hand, the technology continues to grow rapidly upward with no obvious ceiling in sight. On the other hand, it has become "good enough" in terms of performance and cost for large-scale deployment to take root and grow solidly, like tree roots digging deep — creating massive value in the process.
Qiming Headlines | 2025 WAIC "Qiming Venture Partners · Entrepreneurship and Investment Forum—Venture Capital Ignites the AI Technology and Application Resonance Cycle" Successfully Held
From AI 1.0 to AI 2.0, Qiming Venture Partners has invested in over 100 AI projects, with portfolio companies spanning the entire AI industry chain. The firm has helped catalyze the rise of multiple sector-defining companies and stands as one of the most active and influential investment institutions in artificial intelligence across China and Asia.
Qiming Venture Partners' Portfolio Shines with 10+ Companies on 2025 AI Cloud 100 China List
The ranking aims to identify Cloud companies that have achieved genuine commercial deployment in generative AI (GenAI) and delivered significant economic returns.
Qiming Venture Partners and Four Portfolio Founders Named to Cyzone's 2025 Under-40 Investors and Under-35 Entrepreneur Lists
The Under-40 Investors list seeks out the capital scouts who are active on the front lines of venture capital and steadily riding the crest of the wave; the Under-35 Entrepreneur Pioneers list spotlights and energizes a new generation of young talent, capturing the most vibrant pulse of innovation in our era — serving as a vital barometer for spotting tomorrow's business leaders and innovation trends.
Guest Lineup Revealed | Register Now for 2025 WAIC Qiming Venture Partners · Entrepreneurship and Investment Forum — Venture Capital Enters AI Technology and Application Resonance Cycle
This sub-forum will showcase and explore the latest breakthroughs in AI technology and applications through the lens of innovation. Qiming Venture Partners will bring together leading scholars and top entrepreneurs in the field — from both the startup and investment perspectives — for four keynote speeches and four panel discussions.
Qiming Venture Partners Portfolio Companies Shine on 2025 China Globalization Rising Stars 100 List
The ranking focuses on companies that achieved at least $10 million in overseas revenue in 2024, as well as companies that have already generated overseas revenue to date and possess strategic deployment capabilities in the global market.
Dialogue | A New Paradigm for the Globalization of Chinese Tech Brands
Insisting on in-house R&D of core components not only ensures a leading edge in product technology and reliability, but also cultivates a corporate culture of independent innovation. The company remains committed to an internationalization strategy, aiming to achieve 60% of sales from overseas markets before 2030. It continues to pursue intelligentization as a strategic direction.
Qiming Weekly | Qiming Venture Partners Portfolio News and Updates Vol. 24, 2025
Following Qiming Venture Partners' portfolio companies and their milestone moments with you
Forum Registration Open | 2025 WAIC Qiming Venture Partners Entrepreneurship and Investment Forum: Venture Capital Enters AI Technology and Application Resonance Cycle
The forum will focus on the most promising AI sub-sectors today, featuring a rich agenda including portfolio company showcases, industry panel discussions, and investment insights from Qiming Venture Partners. It aims to help AI entrepreneurs and investors seize the explosive growth opportunities of the intelligent era and jointly drive the evolution and advancement of the AI industry.
Qiming Star | Infinigence AI's Yu Wang: Exploring the Next Frontier of Edge Intelligence
The future of edge intelligence requires a two-way commitment between academia and industry. Only when hardware innovation and algorithmic breakthroughs form a closed loop can we truly unlock AI's potential to transform the physical world.
Qiming Venture Partners Portfolio Company WeRide's W5 Driverless Logistics Vehicle Approved for Road Testing Across Guangzhou's Huangpu District
This marks WeRide's second citywide autonomous-driving permit in Guangzhou for its W5 unmanned delivery vehicle, following the road-testing license obtained in Nansha District this April. The steadily expanding operational footprint is accelerating the company's push toward scaled commercialization of driverless logistics vehicles.
Morning Star | He Wang: Robots That Can Actually "Work" Aren't Afraid of Price Wars
Galaxy Universal prioritizes user experience, focuses on its areas of competitive strength, and starts from actual demand to ensure its robots address real pain points in the market. The company wants humanoid robots to perform genuinely valuable work, allowing Embodied Artificial Intelligence to create meaningful intelligent value.
Qiming Venture Partners' Duane Kuang, William Hu, and Alex Zhou Named to PEDaily's 2025 TOP100 Investors List
The awards have been held for ten consecutive editions, becoming a window into observing industry shifts, with the aim of selecting 100 outstanding investors who have delivered strong investment performance while also driving progress in China's venture capital landscape.
Qiming Venture Partners Portfolio Companies Xiaomi, TianWu Technology, Biren Technology, and Galaxy Universal Named to World Artificial Intelligence Conference SAIL Award Top 30 List
The Superior AI Leader (SAIL) Award stands as a high-caliber, international honor in the global artificial intelligence community. Committed to the principle of "pursuing excellence, leading the future," it identifies world-leading AI projects that command broad recognition and esteem while advancing human welfare. The award aims to drive breakthroughs in technology, innovation in application, and exploration in governance — guiding the transformation toward intelligent progress.
Dialogue | Glimpsing the Future of the Humanoid Robotics Industry
Whether you're an "early wave" or "late wave" in the humanoid robot industry, only companies that achieve genuine technical breakthroughs and translate them into real-world applications will survive. UBTECH believes that as long as you persist and do the hard but right things, opportunity will follow.
Dialogue | StepFun: Charting the Uncharted Territory of AI Entrepreneurship
The technical development of AI models is still on a very steep upward trajectory, and multimodal models that integrate understanding and generation are critically important.
Qiming Venture Partners and Its Investors Named to 36Kr's 2025 China Equity Investment Industry Lists
Investment firms focused on technological innovation are well-positioned to stand out in this wave of industrial upgrading.
Qiming Venture Partners' Alex Zhou: 2025 Will Be the Year AI Applications Fully Take Off
Every wave of technological change begins with foundational work at the infrastructure layer. Two core technical metrics drive this: performance, evolving from "functional" to "actually good," and cost, dropping from prohibitively expensive to easily affordable. When both metrics hit their tipping points, applications explode.
Morning Star | DeepWay: The New Energy Heavy-Duty Truck of the Future Is Essentially an Industrial Robot
Staying committed to in-house R&D and production of core components, pursuing an internationalization strategy, and maintaining investment and iteration in intelligent technologies.
Qiming Venture Partners' 16th RMB Fund Annual Meeting and Investor Summit Successfully Held in Shanghai
China's high-quality companies have reached a valuation level that's become genuinely attractive.
Qiming Venture Partners portfolio companies StepFun and Yuanli Lingji forge strategic partnership
The two parties will engage in deep collaboration on embodied large-model algorithm R&D, multimodal data closed loops, and robotics scenario applications, jointly tackling the key technical challenges of bringing RoboAgent into the physical world. Going forward, they plan to co-establish a joint lab to accelerate technology iteration and commercial validation, and to explore long-term collaboration in open-source ecosystems, vertical industries, and other domains.
Qiming Venture Partners Portfolio Companies Zhipu AI and Shengshu Technology Forge Strategic Partnership to Advance Domestic Large Model Innovation and Industrial Deployment
The two parties will jointly explore forward-looking AI technology innovations and collaborate to empower intelligent transformation across all industries.
Qiming Venture Partners Portfolio Companies Featured in QbitAI 2025 AIGC Companies and Products List
The ranking aims to offer an objective lens for understanding application trends in China's generative AI space, spotlighting early adopters and benchmark cases that dare to experiment and innovate.
Qiming Venture Partners Portfolio Companies Dominate China AI Top 300 List
The rankings prioritize technical capability and commercialization potential, offering a panoramic survey of China's systematic breakthroughs in AI technology.
Qiming Weekly | Qiming Venture Partners Portfolio News and Updates Vol. 11, 2025
Celebrating milestone moments with Qiming Venture Partners' portfolio companies
Embodied intelligence startup Tashi Intelligent Navigation announced a $120 million angel funding round, continuing to push the boundaries of physical-world intelligence.
Exploring the unlimited potential of embodied intelligence.
Tashi Zhihang Raises $120 Million in Angel Round, Co-Led by Qiming Venture Partners
Tashi Zhihang is the only company in the industry that simultaneously possesses Embodied Artificial Intelligence large model capabilities, in-house robotics R&D capabilities, and mass production capacity for integrated hardware-software products.
Qiming Venture Partners' Alex Zhou: A 'Super AI App' Will Likely Emerge This Year
Use trend anticipation to gauge which stage a technology wave is currently in and what opportunities exist, positioning yourself ahead of the market before the technology's development prospects become widely recognized.
Qiming's Rising Star | UBTECH and Beijing Humanoid Robot Innovation Center Launch Full-Size Research and Education Humanoid Robot "Tiangong Xingzhe"
Tiangong Walker is equipped with the "Huisi Kaiwu" universal embodied intelligence platform from the Beijing Humanoid Robot Innovation Center, providing universities and research institutions with a complete humanoid robot research solution.
Jihoo Tech's Chen Keqing: Driving Demand-Driven Product Development Through 'Algorithm + Chip' Dual-Engine Model
Jihao Technology's medium- to long-term plan builds on the established smartphone and tablet markets while targeting edge-side intelligent hardware, with a deep focus on innovating and applying AI in the consumer electronics market.
Qiming Portfolio | UBTECH Achieves World's First Multi-Robot, Multi-Scenario, Multi-Task Humanoid Collaborative Training
UBTECH has developed a novel BrainNet software architecture for humanoid robots and designed an Internet of Humanoids (IoH) as a smart connectivity hub, offering a viable path for the software and hardware implementation of collective intelligence.
2024, When Everyone Stands at a Crossroads: 96 Investors' Decisions
Deciding is easy. Waiting is hard.
What Would Qiming Venture Partners Look Like Without Nisa Leung?
Together, we welcome a new era.
Qiming Venture Partners' new appointment sends a signal
The perfect candidate.
Conversations with 29 Tech Investors: There Are Treasures, But No Treasure Map
Investing in tech is definitely the right call, but consensus remains scarce.
MaHui Entrepreneurs | Biren Technology's Wen Zhang: The Story of China's Chip Companies Is Just Beginning
If there's a real chance to transform an industry, you have to try it — even if you lose everything.


















































































