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Early on in VC, Boyu Hu was at DCM China and worked on the Kuaishou deal. Now he has his own fund XVC, managing $600mm, focusing on consumer internet. I asked what's changed in the last ten years and: Why's he continuing to invest in consumer internet? Is rural China where it's at? Are the big platforms more important? Are the big funds more important? How's he adjusting his strategy? Our conversation was recorded Feb. 24, 2021 over Clubhouse app and Zoom.
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Early on in VC, Boyu Hu was at DCM China and worked on the Kuaishou deal. Now he has his own fund XVC, managing $600mm, focusing on consumer internet. I asked what's changed in the last ten years and: Why's he continuing to invest in consumer internet? Is rural China where it's at? Are the big platforms more important? Are the big funds more important? How's he adjusting his strategy? Our conversation was recorded Feb. 24, 2021 over Clubhouse app and Zoom.
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