Jie Liang

Jie Liang (梁杰) is a Chinese early-stage investor best known as "the forgotten man in the Pinduoduo capital legend": while at Sequoia Capital China from 2012 to 2016, he knew Colin Huang early and repeatedly pushed Pinhaohuo (Pinduoduo's predecessor) to the IC, but it never passed — Sequoia invested six months after he left, in what became one of the fund's legendary deals . Trained in materials science and microelectronics, he broke into VC in 2011 via Walden International after sending 100-plus resumes, then joined Sequoia . After leaving, he spent unremarkable years at two funds and an overseas-focused fund, then started his own fund Skyline Ventures (天际线创投), which never raised institutional money . In 2024 he returned to the table, co-founding the AI-focused early-stage fund Impa Ventures with partners Shiran and James, which had backed nine projects as of elsewhere's April 2026 interview with him . He frames his own story against the luck narrative: "many smarter, more capable people have left this industry — I'm lucky to still be part of this tech wave" .