“Sniper investor” Zhu Xiaohu: GSR Ventures chief’s slow but steady way of spotting future unicorns

© CompassList

Known for his conservative investing in China’s often-euphoric tech startup scene, Zhu Xiaohu has caught unicorns like Didi Chuxing while making a profitable exit from Ofo just before it sank

In the tech world of chasing exponential growth to grab market share and stay ahead of competitors, Zhu Xiaohu may seem too conservative. In 2019, when many VCs were going through a so-called capital winter, GSR Ventures, which he leads, raised $450m and RMB 1bn in two separate rounds. “Actually we were offered more, but we chose to limit the scale,” Zhu, whom Forbes regularly names in its annual Midas List as one of the world’s top 100 venture capitalists, said. “I like to maintain the pace of investing $200m–300m every year. It’s risky if we exceed the limit.”Also known as Allen Zhu, th...
Limited Reading

The rest of the content is only available if you are logged in.

Limited Reading

Your payment was not successful.

Please make sure you have entered your payment details correctly. Or try again in a few moments.

small logo

The discount code you entered is invalid

Please make sure you have entered your discount code correctly. Or try again in a few moments.

Download successful.

Your sample has been sent. Please check your email.

By accessing and using www.compasslist.com and all pages within the domain (the “Website”), You accept and agree to have read, understood, accepted and agreed to be bound by the Terms of Use and Privacy Policy in full. If you disagree with all or any part of these Terms of Use and Privacy Policy, please do not use or continue any further use of this website. You acknowledge that you are aware that this Website contains an archive of existing content as at 31 December 2021 and is not being actively managed. We are under no obligation to update the content on this Website and, accordingly, no new content or articles will be posted to the Website after 31 December 2021.