Linear Capital's eighth anniversary — grateful for the support of our partners. Here's to staying warm, resilient, and always moving forward.

Today marks Linear Capital's eighth anniversary.

Eight years ago, I founded Linear Capital with a colleague—just the two of us. This year, our "revolutionary" team has grown to 21 people. We started out knowing nothing about investing; today, we've backed nearly 150 of China's most outstanding and determined technology innovators. Along the way, we've received help from many people, and we've made plenty of mistakes. First, my thanks to the colleagues who chose to join and build Linear with us; to the founders who have supported and chosen Linear over these past eight years; to our investors; and to the countless others supporting the rise of China's technology strength. We believe that doing the right thing with the right people, and doing it right, is deeply meaningful—and deeply rewarding. As the saying goes: do the right thing, with the right people, do it right, and make the right money. But these eight years of persistence are merely a阶段性的小胜. No great fortune yet, nothing to be arrogant about. Yet we firmly believe: persistence is victory. We firmly believe that technology investing in China has tremendous potential. Especially in this particularly difficult cycle—precisely because our technology industry has performed well (though still lagging behind others), because we have a real chance to catch up and surpass, we face such intense pressure in the international technology rivalry. We at Linear will stay committed to doing three things well:

• be warm — not rigid, but warm. That is, treat all our friends with kindness and honesty, especially founders. Whether or not we've invested in them.
• be resilient — tough and unyielding. Especially in this difficult economic cycle, being unbreakable, refusing to fall, staying in the game—these are necessary abilities for ultimate victory. Pessimism and inaction are useless.
• be adaptive — keeping pace with the times and making progress. The backdrop is changing, technology frontiers keep evolving, industrial structures are shifting. We must keep our eyes on the horizon while constantly adjusting our footing. Yet we do not change our original destination—our commitment to TPF (Technology Problem Fit) investing at the intersection of frontier technology and major industrial problems remains unchanged.

We hope to spend the next eight years of storms alongside those with whom we share this bond, together realizing frontier tech, frontier productivity, frontier lifestyle — all for a better society.

About Linear Capital

We are currently hiring for our investment team, with multiple positions open. For details, please click here.

Linear Capital is a specialized investment firm focused on "Data Intelligence" and "Frontier Technology."

Linear Capital currently manages ten funds with total assets under management of approximately US$2 billion.

We focus primarily on early-stage projects in "Data Application," "Data Infrastructure," and "Frontier Technology" applications. Our investment stage ranges from angel to Series A, with typical check sizes of US$3-8 million or RMB equivalent.

To date, we have made early-stage investments in over 120 teams, including Horizon Robotics (US$3B), Tongdun (>US$1B), Kujiale (>US$1B), Sensors Data, Tezign, Rokid, Guandata, Agile Robots, and others. The combined valuation of Linear's portfolio companies is approximately US$20 billion.

In the near term, Linear Capital is working to become the premier "Data Intelligence Technology Fund," and over the long term, to build the most influential "Frontier Technology Application Fund."