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We believe that great investors are powerful analytical thinkers with sharp minds and strong business acumen. Leveraging their willpower, intelligence and determination, they seek to continually upgrade their “personal computing power” and enjoy all-rounded self-development.
Today, Source Code Capital announced that Mr. Wang Wei officially joined as a Partner.
Source Code Capital has announced the closing of its most recent RMB fund at RMB 3.8 billion. With the completion of this successful RMB Fund IV fundraise, the total funds under management at Source Code Capital have now reached a grand total of USD $1.5 billion and RMB 8.8 billion.
On August 13, 2020, Source Code Capital’s portfolio company, Ke Holding Inc.’s (“Ke Holding”) IPO landed on the New York Stock Exchange (stock code NYSE:BEKE), officially becoming China’s “leading housing services platform.”
On July 30, 2020, Source Code Capital‘s  portfolio company, Li Auto, was listed on the Nasdaq Stock Exchange in the United States. Li Auto (NASDAQ: LI) offered 95 million ADS at an initial price of US$11.5/share, and had a pre-market value of US$9.724 billion.
Cao Yi, Founding Partner of Source Code Capital, is once again chosen to join The Midas List for the third consecutive year, after being awarded with such distinction in 2018 and 2019. Huang Yungang, a Partner in Source Code Capital, made his debut appearance on the 2020 Midas Brink List.
Through combining academic analysis, empirical research and China VC business practitioner insights, this paper puts forward the concept of “China Ecosystem VCs,” and examines it from the angles of a Platform-based VC, Resource-based VC, Composition-based VC, and a Dynamic-model. It demonstrates their emphasis on leveraging “ecosystems” to actively create tangible, multi-faceted value.
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