https://youtu.be/j-2oWP1Ylbg?si=8hQRtcjzuNL45HDP
One-liner 🫡
Alex Jiang was Partner at Sinovation Ventures, Alpha Startups, investor in 3 IPO companies, voted twice Forbes China Top100 Investors by Forbes and 2019 China Top50 VC Investors. Now he is an RBF investor.
Takeaways ✨
- Investment Environment Recognition and Strategy
- Large economic cycles significantly impact investment outcomes beyond just company and product analysis
- Like mountain climbing, timing and environmental conditions are as crucial as technical skills
- Choosing the wrong market timing or direction ("wrong mountain") can doom even skilled teams
- Cross-Border Investment Considerations
- Local money represents local interests and resources in international markets
- Chinese VCs investing in China outperformed Silicon Valley VCs due to local market understanding
- Founders need to find partners or institutions with local market expertise when expanding globally
Now listen in for more insights! ❤
Outline 😎
00:00 👋 Introduction and Background
02:13 🏢 Joining Sinovation Ventures
04:26 📈 Becoming a Partner at Sinovation Ventures
07:14 💼 The Role of Venture Capitalists
08:14 🤝 The Importance of Team and Partnerships
09:43 🎯 The Challenges of Investing