Setting Out on a Journey at 36 | Call for Submissions
"Knowing would be fatal. Uncertainty is what makes it enchanting."
暗涌Waves
@waves
钱的流向，人的沉浮。
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Articles
A Globalization Guide for Chinese Founders: Slicing the World Horizontally
The word "globalization" — so brief, yet it encompasses so many narratives.
A New Decade for Venture Capital: Hongshan's First Answer
What's the solution for early-stage investing?
Exclusive | Daniel Zhang Joins Primavera Capital, Continuing His Unfettered Path in M&A
"Industry consolidators prefer winter."
China's LLM Funding War: The Quick Death of Romance
Do the investors regret it?
Goodbye to a Decade of Venture Capital | Waves' Second Anniversary
Keep moving forward. Don't look back.
A Foreign PE Firm's Thirtieth Birthday Party
"Writing a New Chapter, Setting Sail for Distant Horizons"
Twenty Years, 500 Interviews: A Peking University Scholar's View of China's Automotive Independence
A battle for Sino-foreign dominance.
Exclusive | NIO Capital Raises Over 3 Billion Yuan in New Fund
An Industrial Capital Firm and Its Unusual Circle of Friends
2024's First Major Consumer Investment Deal
Crossing borders.