Richard Xu
许四清
许四清 is the founding partner and CEO of Alpha Commune (阿尔法公社), a venture capital firm. In the firm's investment approach, Shenzhen Angel Mother Fund and Futian District Guidance Fund serve as his limited partners . As described in a 2023 interview, he was up late reading papers on AI before meeting with an entrepreneur to discuss the technology until 3 a.m.—reflecting the learning-intensive posture he and other investors adopted during China's large language model frenzy that year . When asked about his decision for 2024, his one-word answer was "persistence" (坚持) . At a 2023 WAVES event, he appeared on stage in formal attire alongside a founder in a light yellow suit, joking that his own outfit "lacked imagination" by comparison .
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Coverage
2024, When Everyone Stands at a Crossroads: 96 Investors' Decisions
Deciding is easy. Waiting is hard.
暗涌Waves·200 Days of Frenzy: China's LLM Wars Stuck in a Stalemate
Consensus can form quickly — and dissolve just as fast.
暗涌Waves·How 28 Young People Spent 33 Hours on an Island
A celebration means something when it's shared.
暗涌Waves·Some people take nighttime cruises along the Qiantang River; others fly all the way to Singapore. They all have bright futures ahead of them.
A note on two investor gatherings held in September, 3,600 kilometers apart.
暗涌Waves·
