Hui Zuo
左晖
Hui Zuo (左晖) was the founder and chairman of Lianjia and later of KE Holdings (Beike), the real estate services platform he spun out of Lianjia's brokerage business . He was a fixture of Source Code Capital's annual Code Conference, where as Lianjia's chairman he argued that real estate was "one of the last industries in China still struggling to move online" because of the length of its transaction chain — the problem Beike's ACN (Agent Cooperation Network) was built to solve by redefining how agents across brands cooperate . When Beike went public in August 2020 — billed by Source Code Capital as China's "first listed residential services platform" — it had reached 103 cities with over 456,000 agents and 42,000 stores, and Zuo framed the strategy in a letter to shareholders as "doing the hard but right thing" with a management team averaging more than ten years at the company . He died in May 2021, mourned by Source Code Capital as "an entrepreneur who fought long and hard, pragmatic yet romantic" .
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Coverage
Goodbye to a Decade of Venture Capital | Waves' Second Anniversary
Keep moving forward. Don't look back.
The 5 Most Thought-Provoking Articles I Read in 2023
A new year, and I've decided to reopen my WeChat Official Account and start writing again. First, to share what I've seen and what I've been thinking about. Second, to use writing as a way to push myself into more systematic reflection. Third, to meet new people through it.
In Deep Mourning
Source Code Capital portfolio company KE Holdings successfully went public, becoming China's "first listed residential services platform."
A shell is home, the pearl in a Chinese heart.
The Fourth Annual Ma Hui Conference Successfully Held, CEOs Gather to Share Entrepreneurship Insights, Four Companies Announce Completed Financing Rounds | Ma Hui Journal · April
**Source Code Capital Newsletter:** Here we record the small steps of progress made by our team members, share the joy of growth, and look forward to an even brighter future.
Lianjia's Zuo Hui: The Changing and Unchanging Real Estate Market
Decoding the Future of the Real Estate Market
Ma Hui: Entrepreneurs' 2017 and 2018
The Founder's New Year's Intellectual Marathon
Four Global Unicorns Make the List, One Files for IPO, Two Raise New Funding | Ma Hui Monthly · September
**Source Code Capital Chronicle** — documenting the small steps of progress among our community, sharing the joy of growth, and looking forward to an even brighter future.
Lianjia's Zuo Hui: My Understanding of the Real Estate Industry | 2017 Code Conference
At Source Code Capital's 2017 Code Conference, Zuo Hui, chairman of Lianjia, shared the company's perspective and understanding of the real estate industry.
