Red Xiao
肖弘
Red Xiao (肖弘) is the founder of Manus, the AI agent company acquired by Meta in late 2025 for several billion dollars . He began his entrepreneurial journey in 2013 while still a student at Huazhong University of Science and Technology, where he built a WeChat public account tool to check Wuhan weather . His first venture, Wuhan Nightingale Technology, was founded with classmates on campus and later acquired . He subsequently co-founded The Fair (新世相) and launched Butterfly Effect (蝴蝶效应), Manus's parent company, initially aiming to build a Chinese version of Benchling before pivoting toward AI agents . ZhenFund partner Yuan Liu invested in Xiao five times across roughly a decade, beginning with a 1 million RMB check in 2015 . Elsewhere's corpus does not cover his personal background beyond these venture timelines.
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Coverage
Curious, excited, restless, young builders: come hack at a hackathon this weekend!
The AI Era Doesn't Reward Bystanders
We Declare That AI Fortune-Telling Has Lost to Humans
Humans won.
Vibe Coding Should Start From Childhood
A new generation is already entering elsewhere.
What AI Actually Looked Like in 2025
22 real moments documenting how AI is used, loved, questioned, misunderstood, and depended upon in reality.
The First Manus Cup Singapore Concept Essay Competition
Why are the lizard people so evil 😭
Manus Team Joins Meta: A Decade-Long Journey for a Group of Young People
A deep understanding of users and exceptional product engineering ability are what truly scarce in this era.
Where Did the Money Go? Who's Still Writing Checks? A 2025 VC Debrief With Jing Liu
VC takes a certain amount of instinct.
A Conversation with ZhenFund Partner Yuan Liu: One Week with Manus, Ten Years with Red Xiao
ZhenFund Partner Yuan Liu: One Week with Manus, Ten Years with Red
A mental landscape few investors would ever admit to out loud.
The Most Moving AI Investment Story of 2025
A Week with Manus, a Decade with Xiao Hong.
Vol.001 | A Conversation with Yuan Liu: One Week with Manus, Ten Years with Xiao Hong
From Witnessing Douyin's Growth from 30 Million to 600 Million Users, He Decided to Use AI to Reimagine "Finding People" | A Conversation with Beichuan Yu, Founder of Lessie AI, on the New Gateway to Social
For the first time, AI can map the dynamics between people. It will tell you who you most need to meet right now.
Not Chasing Trends, But Backing the People Who Create Them: From Jumei to ZhenFund, Yusen Dai Has Navigated Cycles and Stepped Into the AI Era
Are Model and 'Shell' Values Both Underestimated? ZhenFund's Yusen Dai's Mid-2025 AI Review
In 2025, the "Sedol moment" for industries far and wide is only just beginning.
Starting from Five Investments in Manus's Red Xiao: A Conversation with ZhenFund Partner Yuan Liu on How His Read of People Has Evolved
I think the market is at its best right now.
Starting with Five Investments in Manus Founder Red Xiao: A Conversation with ZhenFund Partner Yuan Liu on How Reading People Evolves
OpenAI's Unprecedented Product Blitz: A Complete Breakdown of Its 12-Day Launch Marathon
The most noteworthy thing isn't just o3.
Source Code Capital Teams Up with Top Universities and AI Leaders for Gen-AI Future Discussion
You can connect with frontline founders, leading researchers, and Source Code Capital investors to exchange industry insights, explore career opportunities, and brainstorm startup ideas.

















