Linear Capital's first video podcast, "Between the Lines," is launching soon.

线性资本·April 14, 2026

Launching across all platforms on April 17.

"Between the Lines" is a long-form video podcast produced by Linear Capital.

On this show, we don't talk about abstract business theories, debate specific technical roadmaps, or try to distill so-called success methodologies. We simply invite friends who've truly fought their way through the trenches to come back and revisit those real, hard-won moments — and the warmth behind them.

If you want to hear unfiltered, real stories, follow this special business interview podcast. The first episode of "Between the Lines" drops April 17 across all platforms — stay tuned.

In the world of business, the gap between failure and success, greatness and mediocrity, is often just a single line.

That line is a flash of insight, and a split-second decision; a desperate bet in the face of uncertainty, and a calculated read across cycles.

But in an era that excels at packaging everything, success too easily becomes myth. The people who end up on stage look as if they knew the final answer from day one; the companies that make it have their growth paths simplified, in hindsight, into a straight upward line.

The reality is: the person who eventually made the right call hesitated countless times at the moment of decision; when they took the path later proven correct, people pointed fingers and said "you're crazy."

Between doing and not doing, between holding on and letting go, between belief and doubt, there's only a thread so thin it's nearly invisible — cross it, and it's a story worth telling; fall short, and it's a punchline.

So we decided to launch "Between the Lines," this long-form video podcast. On this show, we don't talk about abstract business theories, debate specific technical roadmaps, or try to distill so-called success methodologies. We simply want to invite these friends who've truly fought their way through the trenches to come back and revisit those real, hard-won moments — and the warmth behind them.

Every conversation here is a deep retrospective. We try to unpack those "to be or not to be" moments — when a technical approach is about to become obsolete, when a business model faces disruption, when a company stands at the cliff's edge or in the bell-ringing hall. What sent the outcome toward two completely different ends? Luck, conviction, or an obsession that everyone else thought was madness but you knew wasn't?

For our first episode, we've invited Huang Xiaohuang, co-founder and chairman of Manycore Tech (群核科技).

Fifteen years ago, he returned to China from NVIDIA to start a company with an idea that seemed, at the time, "not very clear." Harry Wang, founder of Linear Capital and then a personal angel investor — also Huang's senior at Zhejiang University — put in 500,000 RMB. That seemingly modest 500,000 became an important beginning to the Manycore story. Fifteen years later, as the founder of the first "Hangzhou Six Little Dragons" company to go public, he's about to lead the firm onto a bigger stage in international capital markets.

But we don't want to talk about any of that. We want to talk about — what was going through his mind when he got that 500,000? What did the investors who passed on him say? Through pivot after pivot, did he ever think about quitting? Three old classmates working together for over a decade — never once thought about breaking up? The things left unsaid, never shared publicly, hidden behind the polish — we get into all of it.

Maybe these stories can also make you, watching from the other side of the screen, believe: hold on a little longer, that light is just ahead.

April 17 — the first episode of "Between the Lines" drops across all platforms.

If you want to hear unfiltered, real stories, follow this video podcast from Linear Capital. Let's savor the struggle, laugh about life, and talk about the stories that never quite got told.