Guangmi Li

Guangmi Li (李广密) is the founder and CEO of Shixiang Technology (拾象科技), an alternative investment services firm he established in late 2019 to serve successful entrepreneurs and new-economy leaders as a family-office investment partner . Previously, he was an investor at Sequoia Capital China . In a 2024 interview, he observed that Silicon Valley VC had "failed" in large language models, SpaceX, and Tesla—ventures he characterized as heavy-investment, unclear-business-model, high-risk "Manhattan Project"-style scientific bets—and that this had prompted him to rethink the role of venture capital in such capital-intensive domains . As of late 2024, he described one of his key decisions as committing up to 25% of his flagship fund's capital into a single project . In late 2025, he was noted as opening a Hong Kong office with the stated hope that China could build "its own Silicon Valley" .