Neil Shen, the boss of Sequoia China, discusses with the Financial Times how he has increased his firepower in the Chinese market through a new $8 billion global fund. Described by the FT as ‘China’s most successful venture capitalist’ Shen added: “Today you need bigger amounts to stay in the game. We worry that we have been too conservative.” Shen’s VC fund invested in 49 start-ups in 2018, ranking ahead of Tencent (30) and Alibaba (17) in Hurun’s league for start-up backers.
© ChinTell Ltd. All rights reserved.
Sponsored by HSBC.
The Week in China website and the weekly magazine publications are owned
and maintained by ChinTell Limited, Hong Kong. Neither HSBC nor any member of the HSBC group of companies ("HSBC") endorses the contents and/or is
involved in selecting, creating or editing the contents of the Week in China website or the Week in China magazine. The views expressed in these
publications are solely the views of ChinTell Limited and do not necessarily reflect the views or investment ideas of HSBC. No responsibility will
therefore be assumed by HSBC for the contents of these publications or for the errors or omissions therein.
Download Apps