Wenchao Mao
毛文超
Wenchao Mao is the co-founder of Xiaohongshu (RED), the Chinese lifestyle content platform he built alongside Qu Fang . ZhenFund backed him at the angel round when Xiaohongshu was still a "small and beautiful" product, as ZhenFund's Yusen Dai later recalled . In a 2016 talk at ZhenFund, Mao described his motivation in founder terms: wanting "to find something important enough that I'd do it even if it didn't make money, and give it my whole heart" . Under his and Qu's leadership, Xiaohongshu has taken a restrained, experiment-driven approach to AI—what 十字路口Crossing characterized as "small steps, fast iterations, multi-point trials"—treating each feature as a test of community reaction rather than a disruption to the platform's ecosystem . By 2025, that same platform had become an unlikely launchpad for China's new wave of AI entrepreneurs, with products like Manus and Flowith finding their first users there .
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Coverage
The Stars Are Still Young | Z News
ZhenFund wishes you a Happy New Year.
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
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"Either play or get left behind!"
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The currents of the era, all contained within the sequence.
When I Was One Step Away from the Founder | Z Talk
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Do the investors regret it?
"You're only 36. You can be anyone you want to be."
Never stop moving forward.
