真格基金

ZhenFund Angel Project Horizon Robotics Successfully Lists on Hong Kong Stock Exchange Main Board | Z News

This marks ZhenFund's sixth IPO this year. Congratulations to Horizon Robotics!

Lianyu Tech's Qin Yudi: Tsinghua PhD, Born in 1997, Two Back-to-Back Ventures, From Hobby Club to New Energy Hard Tech Founder | Z Talk

It all started at Richang Restaurant.

Colossal-AI's You Yang: What Choices Am I Making on Top of a 30 Billion Valuation Ambition?

Reasoning Becomes the Next "Battleground," AI Infra Startups "Prospect" for Video Foundation Models.

NotebookLM Product Lead Interview: How an AI Podcast Went Viral With a Team of Under 10 People, Born From Google's 20% Project | Z Talk

Being a "startup" inside Google.

Elon Musk's Third In-Depth Interview with Lex Fridman: "Chopsticks Catching Rockets" Is the Key Technology for Building a Martian Civilization

Building a fully reusable rocket is the "holy grail" of orbital spaceflight.

Nobel Laureate Geoffrey Hinton: My Fifty-Year Deep Learning Career and Research Philosophy

Almost all progress in the field of neural networks stems from intuition that strikes in a flash.

Angry Miao Li Nan: The Battle for "Made in China" Mindshare in Global Markets Is the Blue Ocean Opportunity of a Lifetime for Gen Z | Z Talk

Chinese brands can win the battle for mindshare on the global luxury battlefield.

Autumn Dreams, Good Fortune on the Breeze | Z News

A hint of coolness in September.

ZhenFund angel project "Luchuang Technology" announces completion of hundreds of millions of RMB in Series A++ funding | Z News

Dedicated to building world-class large-scale video generation models.

Yuan Liu of ZhenFund: What Kind of Entrepreneur Stands Out in This Era? | Z Talk

Great investors recognize patterns; great founders break them.

A Three-Way Dialogue on AIGC Creativity, Product, and Investment: Will the Future Pixar Be Born Inside an AI Company?

CreativeFitting Founder Zhu Jiang: Building a Super Content Platform for the AI Era — Fundraising and Self-Sustaining Revenue Must Go Hand in Hand

A Conversation with Zhaogang Group's Wang Dong: One Team, One Email, Thirteen Years of Building Zhaogang --- When Wang Dong, founder of Zhaogang Group, sent that email thirteen years ago, he didn't know he was assembling what would become one of China's most resilient B2B platform teams. The email went out to a small group of former colleagues and industry contacts. The subject line was simple, almost too simple for what it would set in motion. They were going to digitize steel trading — an industry notorious for opacity, fragmentation, and old-school relationship-based dealmaking. "We were basically a group of people who understood steel but didn't understand the internet," Wang Dong recalls. "And somehow that turned out to be an advantage." The early years were brutal. Steel is a commodity business with thin margins and entrenched middlemen. The platform model required convincing buyers and sellers — many of whom had operated through personal networks for decades — to transact online. Trust had to be built transaction by transaction. What separated Zhaogang from the wave of B2B platforms that emerged in the mid-2010s was operational discipline. While competitors burned capital on rapid geographic expansion, Wang Dong's

A Long Conversation with Yusen Dai on Agents: Every Industry Will Face Its "Sedol Moment" — Is Attention Not All You Need?

A New Year Conversation with Koji: 2025 — The Critical Year for AI, the Dawn of the Agent Era

The Evolution of Coding Agents: In-Depth Conversations with Chinese and American Agent Founders, Alibaba Researchers, and Investors

A Conversation with Google DeepMind and LLM Researchers: Deconstructing OpenAI o1 and the LLM+RL New Paradigm

Acquired by a multinational after just five years in your first startup? Ren Dongni, founder of Fanqu, breaks down the game of entrepreneurship and exits --- When Ren Dongni co-founded Fanqu in 2016, the cross-border e-commerce space was already crowded with well-funded players. Five years later, the company had been acquired by a multinational corporation — a relatively swift exit by startup standards. In this conversation, Ren reflects on what it took to build and sell a company, the calculus behind taking strategic investment from a potential acquirer, and why he believes first-time founders often overcomplicate the "game" of entrepreneurship. **On the acquisition decision** "The offer came at a point where we saw the competitive landscape shifting dramatically. Cross-border e-commerce was consolidating, and the platforms with the deepest pockets were starting to squeeze out mid-tier players. We had built something valuable — a supply chain infrastructure and brand relationships that took years to cultivate — but scaling to the next level would have required capital and operational bandwidth we didn't have." The acquiring company, Ren explains, had been a strategic investor in Fanqu's Series B round. "That relationship gave them visibility into how we operated. When they approached us about a full acquisition, it wasn't

Talking AI Tech Applications, Founder Mindset, and the Scale of Entrepreneurship | A Conversation with Xiaoyu Wang of Castbox

A Chat with Xiaoyezi Founder Ye Bin: How to Learn an Instrument Painlessly? Try Going Smart!