Neil Shen: The super unicorn hunter

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His bet on ByteDance, the startup that gave the world TikTok, helped Neil Shen top this year’s Forbes Midas List. But for Shen, even in that deal he once made the wrong call

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Neil Shen reportedly has stakes in nearly half of the most valuable internet companies in China, many of them household names, like Alibaba, JD.com, Meituan-Dianping and Didi-Chuxing.This year, the founding and managing partner of Sequoia Capital China topped Forbes’ annual Midas List for the third consecutive year. Forbes, which ranks the world’s best 100 venture capital investors based on at least a $200m exit or rounds that have valued a company above $400m in the last five years, says Shen earned the spot in part due to his investments in TikTok’s parent company, ByteDance, and social comm...
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Edited by John Gee

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