源码资本

源码资本

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Articles

Yi Cao, Source Code Capital: "Four-Have Youth" — What Good Companies Look Like in the Second Half

Yi Cao, Source Code Capital: "Four-Have Youth" — What Good Companies Look Like in the Second Half

On January 12, 2020, Yi Cao, founding partner of Source Code Capital, was invited by Tsinghua University's PBC School of Finance to attend the "Tsinghua PBC Finance EMBA & EE 2020 New Year's Ideas Festival" as an alumnus. At the event, he delivered a talk titled *The Four-Quality Youth: Good Companies for the Second Half*, sharing his perspective on the qualities and capabilities that define a good company in the eyes of investors amid the backdrop of the internet's "second half."

Peng Yongdong: What Is Strategy? | Code Meet 2019

Peng Yongdong: What Is Strategy? | Code Meet 2019

At Source Code Capital's 2019 annual Code Conference, KE Holdings CEO Yongdong Peng drew on the company's strategic thinking and practice to argue that strategy must answer a fundamental question: "What does our existence mean for this industry and for consumers?" It requires clarity on where you stand today—point A—and where you're headed, point B—and then committing to long-term initiatives anchored in enduring values and principles. Strategy, he said, is about consistently doing the difficult but right thing. Guided by these unchanging values, KE Holdings and Lianjia have pursued scientific management and values-driven culture building.

Source Code Capital portfolio company YQN Logistics announced the completion of a $70 million Series C funding round, with existing shareholder Source Code Capital continuing to increase its stake.

Source Code Capital portfolio company YQN Logistics announced the completion of a $70 million Series C funding round, with existing shareholder Source Code Capital continuing to increase its stake.

On June 11, YQN Logistics, a leading domestic one-stop international logistics online service platform in China, officially announced the completion of a new $70 million Series C funding round — the largest single round of financing in China's shipping technology sector to date. This round was co-led by HSG and Coatue, with follow-on investment from Series A investor Source Code Capital, and investment bank Multifold Capital serving as exclusive financial advisor. Since November 2018, in roughly six months, YQN...

Inclusive Finance in the New Economic Landscape | Code Brain Episode 11

Inclusive Finance in the New Economic Landscape | Code Brain Episode 11

Code Brain is a key component of Source Code Capital's systematic, productized post-investment service system, and a flagship offering designed to help Code Club founders upgrade their thinking. At every stage, we strive to deeply understand and continuously explore what entrepreneurs need, iterating on Code Brain in real time so that founders at different phases can receive ongoing intellectual nourishment. This is how we achieve our core goal of post-investment support that actually *helps*, creating unique value for entrepreneurs.

Internet public-decoration company **inDeco** announced the completion of a nearly 110 million yuan Series A and B financing round, with **Source Code Capital** leading the Series A.

Internet public-decoration company **inDeco** announced the completion of a nearly 110 million yuan Series A and B financing round, with **Source Code Capital** leading the Series A.

Recently, inDeco Lingzhu Zhizao, a domestic one-stop internet workspace solutions provider, announced that it completed a Series A round during the 2018 capital winter led by Source Code Capital, with ZhenFund, Everbright Aishi, and Nest.Bio Ventures participating as co-investors. The company also recently completed a second round with listed company Red Avenue New Materials, as well as investment firms Axiang Investment, Gaolishengzhu, and Shanghai Qianzhang participating. The total financing amount is nearly 110 million RMB. **This marks the largest completed financing round in the internet commercial renovation industry to date.**

Source Code Capital Wins Five Awards Including Zero2IPO's 2018 Top 50 China VC Firms

Source Code Capital Wins Five Awards Including Zero2IPO's 2018 Top 50 China VC Firms

From December 5-7, 2018, Zero2IPO and PEDaily hosted the 18th Annual China Equity Investment Forum in Beijing, drawing numerous industry participants. The forum's flagship "Zero2IPO — China Equity Investment Annual Rankings" were unveiled on December 7. In this year's selection, Source Code Capital took home five awards:

Textile B2B platform Baibu announced the completion of a $100 million Series C2 funding round, with existing investor Source Code Capital continuing to increase its stake.

Textile B2B platform Baibu announced the completion of a $100 million Series C2 funding round, with existing investor Source Code Capital continuing to increase its stake.

Source Code Capital portfolio company Baibu, a B2B textile platform, announced the completion of a $100 million Series C2 funding round led by Tiger Global Management, with follow-on investments from existing shareholders Source Code Capital, Chengwei Capital, Yunqi Capital, and Xiongniu Capital. Chongying Capital continued to serve as the exclusive financial advisor for this round.