Xiaojun Li

Xiaojun Li is a partner at IDG Capital, known within the firm for his analytical and reflective approach to investing. As elsewhere reported, he has built a reputation as "the most sensitive hunter in the venture capital industry" with a sharp eye for frontier trends and early-stage opportunities, and his ability to read people has left a strong impression on many in the field . His annual collections of aphorisms and reflections—52 in his latest installment published in April 2026—have become a signature form of "open-sourcing" his investment thinking, something elsewhere described as part of "the底色 [underlying character] of IDG as an institution" . The pieces draw on his years of experience evaluating founders and markets, including earlier work like his "Research Report on Reading People" that sought to bring a more systematic lens to the art of assessing individuals .