Source Code Capital portfolio company Li Auto goes public, opening a new chapter for Li Auto
From left to right: Xingshi Wang, Source Code Capital; Tie Li, Li Auto; Xiang Li, Li Auto; Li Gong, Source Code Capital
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Emerging colored-contact brand "MOODY" closes RMB 60 million angel and Series A funding round; Source Code Capital follows on in Series A
Recently, new domestic color contact lens brand MOODY announced the completion of a RMB 60 million funding round. The angel round was led by Hillhouse, with Plum Ventures participating; the Series A was led by Matrix Partners China, with Source Code Capital participating and Hillhouse making additional follow-on investment. Previously, MOODY had raised a seed round led by Yisan Capital with Plum Ventures also participating, with Palm Capital serving as the exclusive financial advisor for both rounds.
Li Auto delivers its 10,000th Li ONE to customer, setting record for fastest delivery of 10,000 vehicles among new EV brands
On June 16, 2020, Li Auto held the 10,000th Li ONE customer delivery ceremony at its Changzhou plant. Since officially beginning deliveries in December 2019, Li Auto had completed its first 10,000 deliveries in just six and a half months — a period that included both the Lunar New Year holiday and the COVID-19 outbreak — setting a record for the fastest 10,000-unit delivery of any new model by a Chinese or foreign EV startup.
The Three Stages of Development for New Consumer Brands | Source Code Capital Insights
Chen Dandan joined Source Code Capital in 2018, focusing on e-commerce investments. Prior to joining Source Code Capital, she was the founder and CEO of Taoshijie, a cross-border e-commerce platform for overseas shopping. She is well-versed in e-commerce operations, organizational structure, and organizational culture management, and is a DDI-certified leadership and corporate management training instructor. Having studied in Germany for seven years, Chen Dandan holds a Master's degree in Western Theater Studies from Ludwig Maximilian University of Munich and also earned a degree from The Hong Kong University of Science and Technology.
Strategic Thinking on Douyin Marketing for Consumer Brands | Code Brain No. 12
Code Brain is a key component of Source Code Capital's systematized, productized post-investment service infrastructure. It's a flagship post-investment 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 receive a steady stream of intellectual nourishment. This is how we achieve our core goal of post-investment support that actually "moves the needle" — creating distinctive value for entrepreneurs.
The "Boss Lady" Archetype Goes Beyond Chen Shu
First, let's hear how they describe these formidable female CEOs from Code Meet:
Source Code Capital portfolio company "Miaoyou Technology" announces completion of RMB 50 million Pre-A funding round — Source Code Capital was sole angel-round investor
Miaoyou Technology recently completed a RMB 50 million Pre-A funding round, with Oasis Capital as the lead investor. Source Code Capital, the angel-round investor, continued to increase its stake. **Source Code Capital was the sole investor in Miaoyou Technology's angel round.**
Li Yile of Source Code Capital: A Breakthrough in China's VC Model — The Era of Ecosystems and Value Creation Has Arrived
Drawing on China's VC practice, this article proposes the concept of "China ecosystem VC" and categorizes it into three types: corporate platform VC, resource integration VC, and portfolio strategy VC. It argues that these models represent improvements over traditional approaches across multiple processes, from sourcing and due diligence to post-investment management and exits. The development of China ecosystem VC, the article contends, signals that China's venture capital industry has fundamentally transformed and surpassed Western traditional VC — a manifestation of China rising as a global power.
Standing Together to Weather the Storm — Source Code Capital and Code Club Members Rush Aid to Wuhan's COVID-19 Fight
In recent days, the novel coronavirus outbreak has spread across the country, and every development in the affected areas has gripped the nation.
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."