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# Lessons from Hans Tung
- URL: https://www.antoinebuteau.com/lessons-from-hans-tung/
- Published: 2025-10-31T01:04:49.000Z
- Updated: 2026-09-05T03:19:53.000Z
- Description: Hans Tung, a managing partner at GGV Capital, draws on investment experience across the United States and Asia to offer a global perspective on technology, innovation, entrepreneurship, and the judgment required to recognize companies with broad potential.
- Author: Antoine Buteau
- Tags: Profile, Investing, Venture Capital Profiles

Hans Tung, a Managing Partner at GGV Capital, is a highly respected figure in the venture capital world, consistently recognized on the Forbes Midas List for his successful investments in companies like Airbnb, Bytedance (TikTok's parent company), Slack, and Xiaomi.\[[1](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQEqHtS9b8HWCqup4heeotmSugxccCDl2W8xEDlm3lDnmqsWpPdQRDjSxQaP8XIxxzD8sgy6L01ZHcxLmmjtwb3tdYwwbnXImxNbdE%5FpZniJoNNTA4gulVGpKylLzlHIZ6Lo1QqRqnjlryWDD6e6vKkHxe2DYeUlROOcXny50YhOC7lXcIQovwHiIFn9rMzPi9hWzA3LdiB6zVoHiyakqGaW&ref=antoinebuteau.com)\]\[[2](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQH1d7olH4nF1erygBdijZAPwghbtBZQFtqqI2oBz7kNKvsw5stNdd3dbR5xYXL-UldmoI7Wiq5RC%5FnXi0ZYH%5F3tNf6DGZ00Pc3kU92r5iFe53TY-7ND8Fg4LtfqWusMfLsG7BvV8JL4ZhYM4lfO%5FhYuXahT6Lsyiw%3D%3D&ref=antoinebuteau.com)\] His extensive experience spanning both the U.S. and Asian markets provides him with a unique global perspective on technology, innovation, and entrepreneurship.

![Infographic for "Lessons from Hans Tung".](https://www.antoinebuteau.com/content/images/2026/07/69e271f1-4d66-450b-84a4-76b81a52b1f7-d41f95c0-bb02-47d0-b5b1-bbac2f1ab1d3-optimized.webp)

## On Investment Philosophy & Strategy

1. **Globalization is an unstoppable trend.** Tung has long believed in the power of globalization, especially for consumer-facing mobile internet companies, making it a cornerstone of his investment thesis.\[[3](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGae8Gn1EcB6nvekNGcP1P7PIb2dr2M8Kst3j4HEFwpJdnV-Umpxtu8ktM0m7xy7Z2HqPUEhtOTdb3gkJ5JLcNhrP70yBb6vDR4XWLtiiYFuRpKK491S6EALFmrPixELF56tnHwWMMFDD1MswC815EPot6NsftUs-fG-%5FWzF1Q%5F5vaV4n3gaSYv%5FTYwTyhTn3E7u5%5F0CF4d8VZNHE0kl0VvfT5uJYnJ9JeipqiA%5FHthnttcDhdsJga3AIpJC9psHVwp77HaetUAzPlCvDQ0LqtWWP5TLtj7jrDYADB7RZHywgldLG4-qpr7ZV8ykQiITLVa%5Frzm5Hxwcyd-v9FjNGFqgYsfEOlNc6HSZAjvqIGyIryxiACV5Qd0Us49vmju7Wn5wqnRiPDEvzCZ2rzcPnfEMY0j2KMG&ref=antoinebuteau.com)\]
2. **Invest in founders with "heavily stamped passports."** He favors entrepreneurs who possess a global vision and are not limited by geographical boundaries.\[[4](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGih1V-LTw99mvdG1UEaUBnS1GGHbTT%5FvQy-7nNL1IGfudOO1sGE7cpMhrz7RqWvJwiU7XUfZnJONjADwj3cst38m9V3wC0dmfyHFiE%5FbU8%5FDwAVj5gJ5Jn%5FJRAB2Mv7ByK5XOpLQaZP5jxDTKqd11Ew9v%5F4lU6yVw-4B3auJEbsYS1QPWkaG3ItXbsb9zip64UUMMy&ref=antoinebuteau.com)\]
3. **Founder-market fit is crucial.** The personality and background of a founder must be suitable for the market they are targeting.\[[1](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQEqHtS9b8HWCqup4heeotmSugxccCDl2W8xEDlm3lDnmqsWpPdQRDjSxQaP8XIxxzD8sgy6L01ZHcxLmmjtwb3tdYwwbnXImxNbdE%5FpZniJoNNTA4gulVGpKylLzlHIZ6Lo1QqRqnjlryWDD6e6vKkHxe2DYeUlROOcXny50YhOC7lXcIQovwHiIFn9rMzPi9hWzA3LdiB6zVoHiyakqGaW&ref=antoinebuteau.com)\]
4. **The market must be large enough for a billion-dollar outcome.** GGV Capital specifically looks for startups in markets with the potential for massive scale.\[[1](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQEqHtS9b8HWCqup4heeotmSugxccCDl2W8xEDlm3lDnmqsWpPdQRDjSxQaP8XIxxzD8sgy6L01ZHcxLmmjtwb3tdYwwbnXImxNbdE%5FpZniJoNNTA4gulVGpKylLzlHIZ6Lo1QqRqnjlryWDD6e6vKkHxe2DYeUlROOcXny50YhOC7lXcIQovwHiIFn9rMzPi9hWzA3LdiB6zVoHiyakqGaW&ref=antoinebuteau.com)\]
5. **Look for a strong ecosystem of community, content, and commerce.** Startups that successfully integrate these three elements, like Ibotta and Airbnb, are particularly attractive.\[[3](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGae8Gn1EcB6nvekNGcP1P7PIb2dr2M8Kst3j4HEFwpJdnV-Umpxtu8ktM0m7xy7Z2HqPUEhtOTdb3gkJ5JLcNhrP70yBb6vDR4XWLtiiYFuRpKK491S6EALFmrPixELF56tnHwWMMFDD1MswC815EPot6NsftUs-fG-%5FWzF1Q%5F5vaV4n3gaSYv%5FTYwTyhTn3E7u5%5F0CF4d8VZNHE0kl0VvfT5uJYnJ9JeipqiA%5FHthnttcDhdsJga3AIpJC9psHVwp77HaetUAzPlCvDQ0LqtWWP5TLtj7jrDYADB7RZHywgldLG4-qpr7ZV8ykQiITLVa%5Frzm5Hxwcyd-v9FjNGFqgYsfEOlNc6HSZAjvqIGyIryxiACV5Qd0Us49vmju7Wn5wqnRiPDEvzCZ2rzcPnfEMY0j2KMG&ref=antoinebuteau.com)\]
6. **"Any $20 billion company in the future must be a global company."** To achieve massive scale, companies must think and operate globally from early on.\[[4](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGih1V-LTw99mvdG1UEaUBnS1GGHbTT%5FvQy-7nNL1IGfudOO1sGE7cpMhrz7RqWvJwiU7XUfZnJONjADwj3cst38m9V3wC0dmfyHFiE%5FbU8%5FDwAVj5gJ5Jn%5FJRAB2Mv7ByK5XOpLQaZP5jxDTKqd11Ew9v%5F4lU6yVw-4B3auJEbsYS1QPWkaG3ItXbsb9zip64UUMMy&ref=antoinebuteau.com)\]
7. **Prioritize potential over price sensitivity.** When a company has the potential for significant disruption and growth, the initial valuation is less of a concern.\[[3](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGae8Gn1EcB6nvekNGcP1P7PIb2dr2M8Kst3j4HEFwpJdnV-Umpxtu8ktM0m7xy7Z2HqPUEhtOTdb3gkJ5JLcNhrP70yBb6vDR4XWLtiiYFuRpKK491S6EALFmrPixELF56tnHwWMMFDD1MswC815EPot6NsftUs-fG-%5FWzF1Q%5F5vaV4n3gaSYv%5FTYwTyhTn3E7u5%5F0CF4d8VZNHE0kl0VvfT5uJYnJ9JeipqiA%5FHthnttcDhdsJga3AIpJC9psHVwp77HaetUAzPlCvDQ0LqtWWP5TLtj7jrDYADB7RZHywgldLG4-qpr7ZV8ykQiITLVa%5Frzm5Hxwcyd-v9FjNGFqgYsfEOlNc6HSZAjvqIGyIryxiACV5Qd0Us49vmju7Wn5wqnRiPDEvzCZ2rzcPnfEMY0j2KMG&ref=antoinebuteau.com)\]
8. **In the U.S., consumer and enterprise software tend to produce more unicorns.** While deep tech is important, these sectors have historically generated more billion-dollar companies in the American market.\[[1](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQEqHtS9b8HWCqup4heeotmSugxccCDl2W8xEDlm3lDnmqsWpPdQRDjSxQaP8XIxxzD8sgy6L01ZHcxLmmjtwb3tdYwwbnXImxNbdE%5FpZniJoNNTA4gulVGpKylLzlHIZ6Lo1QqRqnjlryWDD6e6vKkHxe2DYeUlROOcXny50YhOC7lXcIQovwHiIFn9rMzPi9hWzA3LdiB6zVoHiyakqGaW&ref=antoinebuteau.com)\]
9. **In China, consumer tech is a major driver of unicorns.** The Chinese market has seen a significant number of successful consumer-focused startups.\[[1](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQEqHtS9b8HWCqup4heeotmSugxccCDl2W8xEDlm3lDnmqsWpPdQRDjSxQaP8XIxxzD8sgy6L01ZHcxLmmjtwb3tdYwwbnXImxNbdE%5FpZniJoNNTA4gulVGpKylLzlHIZ6Lo1QqRqnjlryWDD6e6vKkHxe2DYeUlROOcXny50YhOC7lXcIQovwHiIFn9rMzPi9hWzA3LdiB6zVoHiyakqGaW&ref=antoinebuteau.com)\]
10. **Enterprise startups are a growing opportunity in China.** As labor costs rise, Chinese companies will increasingly look to software to improve efficiency.\[[1](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQEqHtS9b8HWCqup4heeotmSugxccCDl2W8xEDlm3lDnmqsWpPdQRDjSxQaP8XIxxzD8sgy6L01ZHcxLmmjtwb3tdYwwbnXImxNbdE%5FpZniJoNNTA4gulVGpKylLzlHIZ6Lo1QqRqnjlryWDD6e6vKkHxe2DYeUlROOcXny50YhOC7lXcIQovwHiIFn9rMzPi9hWzA3LdiB6zVoHiyakqGaW&ref=antoinebuteau.com)\]

## Advice for Entrepreneurs

1. **Young entrepreneurs should be less impatient.** While eagerness to make an impact is good, patience is a virtue in the long and arduous journey of building a company.\[[5](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQH6DXNI64i9YCIG9u%5FojNKlYh1hV31kDRMLZFKEd7Wz6Jr%5FU5fMMfYLBzGO5xoOAzo6D5ACVdFmEiCAeCtSmCZj0m4-OYw22J5gNZcLiNZpDuPs7UeoTL8A4j1dGasU3luiRExl94y9yE2YcpzE-wZA2Sls0zrd54bWVyIgrBD4s58%5F&ref=antoinebuteau.com)\]
2. **Founders need to figure out what type they are and act accordingly.** Self-awareness is key, whether you have strong founder-market fit or founder-product fit.\[[5](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQH6DXNI64i9YCIG9u%5FojNKlYh1hV31kDRMLZFKEd7Wz6Jr%5FU5fMMfYLBzGO5xoOAzo6D5ACVdFmEiCAeCtSmCZj0m4-OYw22J5gNZcLiNZpDuPs7UeoTL8A4j1dGasU3luiRExl94y9yE2YcpzE-wZA2Sls0zrd54bWVyIgrBD4s58%5F&ref=antoinebuteau.com)\]
3. **Tenacious founders who learn from previous iterations have a higher chance of success.** Even if you miss the first or second wave of a technology, you can succeed in subsequent waves if you are persistent and adaptable.\[[5](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQH6DXNI64i9YCIG9u%5FojNKlYh1hV31kDRMLZFKEd7Wz6Jr%5FU5fMMfYLBzGO5xoOAzo6D5ACVdFmEiCAeCtSmCZj0m4-OYw22J5gNZcLiNZpDuPs7UeoTL8A4j1dGasU3luiRExl94y9yE2YcpzE-wZA2Sls0zrd54bWVyIgrBD4s58%5F&ref=antoinebuteau.com)\]
4. **Being a founder can be a very lonely job.** It's important to build a support system, as you will have to make many tough decisions with incomplete data.\[[2](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQH1d7olH4nF1erygBdijZAPwghbtBZQFtqqI2oBz7kNKvsw5stNdd3dbR5xYXL-UldmoI7Wiq5RC%5FnXi0ZYH%5F3tNf6DGZ00Pc3kU92r5iFe53TY-7ND8Fg4LtfqWusMfLsG7BvV8JL4ZhYM4lfO%5FhYuXahT6Lsyiw%3D%3D&ref=antoinebuteau.com)\]\[[5](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQH6DXNI64i9YCIG9u%5FojNKlYh1hV31kDRMLZFKEd7Wz6Jr%5FU5fMMfYLBzGO5xoOAzo6D5ACVdFmEiCAeCtSmCZj0m4-OYw22J5gNZcLiNZpDuPs7UeoTL8A4j1dGasU3luiRExl94y9yE2YcpzE-wZA2Sls0zrd54bWVyIgrBD4s58%5F&ref=antoinebuteau.com)\]
5. **Successful founders are driven, passionate, and have a transformational vision.** They are also typically thoughtful, analytical, level-headed, and open-minded to rapid iteration.\[[6](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQFNPs0-2DpYCkAEr65Q-vHs4IQeo9OcyMQNY4%5FfBT%5FxFH1M14Oh%5FKtcoy-klaXu7UcuHTDO42A99%5FEr%5F9Ntd-8eVGRDB3jpJy-JVS4xIjXCrhbdaWwN0Ns7pvun8VU6lEgHMfUNh1Jk31wE1rutf2WelTQccCJa-kEFme5KRreZhbWXHCHX-SEMXf1iMyM1F6KqHKpnUPHyKyq4xAY9jFRDS6wsJJkpeQ%3D%3D&ref=antoinebuteau.com)\]
6. **Be willing to adapt your business model, especially in the U.S.** American startups often pivot their models once or twice before finding the right one.\[[1](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQEqHtS9b8HWCqup4heeotmSugxccCDl2W8xEDlm3lDnmqsWpPdQRDjSxQaP8XIxxzD8sgy6L01ZHcxLmmjtwb3tdYwwbnXImxNbdE%5FpZniJoNNTA4gulVGpKylLzlHIZ6Lo1QqRqnjlryWDD6e6vKkHxe2DYeUlROOcXny50YhOC7lXcIQovwHiIFn9rMzPi9hWzA3LdiB6zVoHiyakqGaW&ref=antoinebuteau.com)\]
7. **Chinese founders tend to have a clearer direction from day one.** While the product may evolve, the initial vision is often more set compared to their U.S. counterparts.\[[1](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQEqHtS9b8HWCqup4heeotmSugxccCDl2W8xEDlm3lDnmqsWpPdQRDjSxQaP8XIxxzD8sgy6L01ZHcxLmmjtwb3tdYwwbnXImxNbdE%5FpZniJoNNTA4gulVGpKylLzlHIZ6Lo1QqRqnjlryWDD6e6vKkHxe2DYeUlROOcXny50YhOC7lXcIQovwHiIFn9rMzPi9hWzA3LdiB6zVoHiyakqGaW&ref=antoinebuteau.com)\]
8. **In China, startups must learn to work with the government.** This is a crucial aspect of navigating the Chinese market that can be challenging for foreign companies.\[[1](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQEqHtS9b8HWCqup4heeotmSugxccCDl2W8xEDlm3lDnmqsWpPdQRDjSxQaP8XIxxzD8sgy6L01ZHcxLmmjtwb3tdYwwbnXImxNbdE%5FpZniJoNNTA4gulVGpKylLzlHIZ6Lo1QqRqnjlryWDD6e6vKkHxe2DYeUlROOcXny50YhOC7lXcIQovwHiIFn9rMzPi9hWzA3LdiB6zVoHiyakqGaW&ref=antoinebuteau.com)\]
9. **Focus on providing solutions that are low-cost but high-quality to serve the mass market.** This is a key lesson from the success of companies like Xiaomi in China.\[[6](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQFNPs0-2DpYCkAEr65Q-vHs4IQeo9OcyMQNY4%5FfBT%5FxFH1M14Oh%5FKtcoy-klaXu7UcuHTDO42A99%5FEr%5F9Ntd-8eVGRDB3jpJy-JVS4xIjXCrhbdaWwN0Ns7pvun8VU6lEgHMfUNh1Jk31wE1rutf2WelTQccCJa-kEFme5KRreZhbWXHCHX-SEMXf1iMyM1F6KqHKpnUPHyKyq4xAY9jFRDS6wsJJkpeQ%3D%3D&ref=antoinebuteau.com)\]\[[7](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGcp9bzVGirR%5F%5Ft4FOExEGG-oLvH%5F00CxVk%5FrgkFQxVZKllWZEowG3UVPHiGn6NHqn%5F2WPCPyf2oN4Guy-8LR7uWDX2ZocnqMtxcBT0zWUifucY-hLrfvbEDUvZ9iFUsG1D76MtC0kSZmUn-ldWnT1eTaAaurKH7iQOqxC1s0vwBnsX2Sm3eW9zZB45UYgFpkMb2TuALfedercHRXz7QLjkQ5a91nipDKmEldXXjDyXhKi6A4N3bQ%3D%3D&ref=antoinebuteau.com)\]
10. **The mass market may have lower disposable income but more time to engage with your service.** This can be a significant advantage for consumer-facing companies.\[[6](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQFNPs0-2DpYCkAEr65Q-vHs4IQeo9OcyMQNY4%5FfBT%5FxFH1M14Oh%5FKtcoy-klaXu7UcuHTDO42A99%5FEr%5F9Ntd-8eVGRDB3jpJy-JVS4xIjXCrhbdaWwN0Ns7pvun8VU6lEgHMfUNh1Jk31wE1rutf2WelTQccCJa-kEFme5KRreZhbWXHCHX-SEMXf1iMyM1F6KqHKpnUPHyKyq4xAY9jFRDS6wsJJkpeQ%3D%3D&ref=antoinebuteau.com)\]\[[7](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGcp9bzVGirR%5F%5Ft4FOExEGG-oLvH%5F00CxVk%5FrgkFQxVZKllWZEowG3UVPHiGn6NHqn%5F2WPCPyf2oN4Guy-8LR7uWDX2ZocnqMtxcBT0zWUifucY-hLrfvbEDUvZ9iFUsG1D76MtC0kSZmUn-ldWnT1eTaAaurKH7iQOqxC1s0vwBnsX2Sm3eW9zZB45UYgFpkMb2TuALfedercHRXz7QLjkQ5a91nipDKmEldXXjDyXhKi6A4N3bQ%3D%3D&ref=antoinebuteau.com)\]

## On Market Trends & The Future

1. **"Over the next ten years between 2013 and 2023, the globalization of mobile Internet, especially for consumer companies, will be the most important trend I will ever bet on in my career."** This prediction highlights his deep conviction in the transformative power of mobile technology.\[[3](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGae8Gn1EcB6nvekNGcP1P7PIb2dr2M8Kst3j4HEFwpJdnV-Umpxtu8ktM0m7xy7Z2HqPUEhtOTdb3gkJ5JLcNhrP70yBb6vDR4XWLtiiYFuRpKK491S6EALFmrPixELF56tnHwWMMFDD1MswC815EPot6NsftUs-fG-%5FWzF1Q%5F5vaV4n3gaSYv%5FTYwTyhTn3E7u5%5F0CF4d8VZNHE0kl0VvfT5uJYnJ9JeipqiA%5FHthnttcDhdsJga3AIpJC9psHVwp77HaetUAzPlCvDQ0LqtWWP5TLtj7jrDYADB7RZHywgldLG4-qpr7ZV8ykQiITLVa%5Frzm5Hxwcyd-v9FjNGFqgYsfEOlNc6HSZAjvqIGyIryxiACV5Qd0Us49vmju7Wn5wqnRiPDEvzCZ2rzcPnfEMY0j2KMG&ref=antoinebuteau.com)\]
2. **Silicon Valley will always be a hub for the latest innovations.** As long as it remains open to global talent, it will continue to be a place people flock to for new ideas.\[[1](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQEqHtS9b8HWCqup4heeotmSugxccCDl2W8xEDlm3lDnmqsWpPdQRDjSxQaP8XIxxzD8sgy6L01ZHcxLmmjtwb3tdYwwbnXImxNbdE%5FpZniJoNNTA4gulVGpKylLzlHIZ6Lo1QqRqnjlryWDD6e6vKkHxe2DYeUlROOcXny50YhOC7lXcIQovwHiIFn9rMzPi9hWzA3LdiB6zVoHiyakqGaW&ref=antoinebuteau.com)\]
3. **The "super app" concept from China offers valuable lessons for companies worldwide.** The integration of multiple services into a single platform is a powerful model.\[[7](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGcp9bzVGirR%5F%5Ft4FOExEGG-oLvH%5F00CxVk%5FrgkFQxVZKllWZEowG3UVPHiGn6NHqn%5F2WPCPyf2oN4Guy-8LR7uWDX2ZocnqMtxcBT0zWUifucY-hLrfvbEDUvZ9iFUsG1D76MtC0kSZmUn-ldWnT1eTaAaurKH7iQOqxC1s0vwBnsX2Sm3eW9zZB45UYgFpkMb2TuALfedercHRXz7QLjkQ5a91nipDKmEldXXjDyXhKi6A4N3bQ%3D%3D&ref=antoinebuteau.com)\]
4. **5G will unlock the true potential of technologies like VR and AR.** The advancement in network speeds will enable new and immersive experiences.\[[5](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQH6DXNI64i9YCIG9u%5FojNKlYh1hV31kDRMLZFKEd7Wz6Jr%5FU5fMMfYLBzGO5xoOAzo6D5ACVdFmEiCAeCtSmCZj0m4-OYw22J5gNZcLiNZpDuPs7UeoTL8A4j1dGasU3luiRExl94y9yE2YcpzE-wZA2Sls0zrd54bWVyIgrBD4s58%5F&ref=antoinebuteau.com)\]
5. **AI and robotics will bring significant changes to industries like trucking and logistics.** Automation will continue to reshape traditional sectors.\[[5](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQH6DXNI64i9YCIG9u%5FojNKlYh1hV31kDRMLZFKEd7Wz6Jr%5FU5fMMfYLBzGO5xoOAzo6D5ACVdFmEiCAeCtSmCZj0m4-OYw22J5gNZcLiNZpDuPs7UeoTL8A4j1dGasU3luiRExl94y9yE2YcpzE-wZA2Sls0zrd54bWVyIgrBD4s58%5F&ref=antoinebuteau.com)\]
6. **More people in the world means more problems to solve.** Tung sees a growing population as an opportunity for innovation in areas like food tech, ag tech, and fintech.\[[2](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQH1d7olH4nF1erygBdijZAPwghbtBZQFtqqI2oBz7kNKvsw5stNdd3dbR5xYXL-UldmoI7Wiq5RC%5FnXi0ZYH%5F3tNf6DGZ00Pc3kU92r5iFe53TY-7ND8Fg4LtfqWusMfLsG7BvV8JL4ZhYM4lfO%5FhYuXahT6Lsyiw%3D%3D&ref=antoinebuteau.com)\]
7. **There is still plenty of room for growth in e-commerce.** Despite the dominance of giants like Amazon, the market is large enough for new startups to thrive.\[[3](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGae8Gn1EcB6nvekNGcP1P7PIb2dr2M8Kst3j4HEFwpJdnV-Umpxtu8ktM0m7xy7Z2HqPUEhtOTdb3gkJ5JLcNhrP70yBb6vDR4XWLtiiYFuRpKK491S6EALFmrPixELF56tnHwWMMFDD1MswC815EPot6NsftUs-fG-%5FWzF1Q%5F5vaV4n3gaSYv%5FTYwTyhTn3E7u5%5F0CF4d8VZNHE0kl0VvfT5uJYnJ9JeipqiA%5FHthnttcDhdsJga3AIpJC9psHVwp77HaetUAzPlCvDQ0LqtWWP5TLtj7jrDYADB7RZHywgldLG4-qpr7ZV8ykQiITLVa%5Frzm5Hxwcyd-v9FjNGFqgYsfEOlNc6HSZAjvqIGyIryxiACV5Qd0Us49vmju7Wn5wqnRiPDEvzCZ2rzcPnfEMY0j2KMG&ref=antoinebuteau.com)\]
8. **Chinese companies like Alibaba and Tencent are expanding globally.** This trend is a testament to the increasing influence of the Chinese tech ecosystem.\[[3](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGae8Gn1EcB6nvekNGcP1P7PIb2dr2M8Kst3j4HEFwpJdnV-Umpxtu8ktM0m7xy7Z2HqPUEhtOTdb3gkJ5JLcNhrP70yBb6vDR4XWLtiiYFuRpKK491S6EALFmrPixELF56tnHwWMMFDD1MswC815EPot6NsftUs-fG-%5FWzF1Q%5F5vaV4n3gaSYv%5FTYwTyhTn3E7u5%5F0CF4d8VZNHE0kl0VvfT5uJYnJ9JeipqiA%5FHthnttcDhdsJga3AIpJC9psHVwp77HaetUAzPlCvDQ0LqtWWP5TLtj7jrDYADB7RZHywgldLG4-qpr7ZV8ykQiITLVa%5Frzm5Hxwcyd-v9FjNGFqgYsfEOlNc6HSZAjvqIGyIryxiACV5Qd0Us49vmju7Wn5wqnRiPDEvzCZ2rzcPnfEMY0j2KMG&ref=antoinebuteau.com)\]
9. **U.S. companies like Airbnb and Uber are also growing internationally and looking to China.** This creates a dynamic of cross-pollination and competition in the global market.\[[3](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGae8Gn1EcB6nvekNGcP1P7PIb2dr2M8Kst3j4HEFwpJdnV-Umpxtu8ktM0m7xy7Z2HqPUEhtOTdb3gkJ5JLcNhrP70yBb6vDR4XWLtiiYFuRpKK491S6EALFmrPixELF56tnHwWMMFDD1MswC815EPot6NsftUs-fG-%5FWzF1Q%5F5vaV4n3gaSYv%5FTYwTyhTn3E7u5%5F0CF4d8VZNHE0kl0VvfT5uJYnJ9JeipqiA%5FHthnttcDhdsJga3AIpJC9psHVwp77HaetUAzPlCvDQ0LqtWWP5TLtj7jrDYADB7RZHywgldLG4-qpr7ZV8ykQiITLVa%5Frzm5Hxwcyd-v9FjNGFqgYsfEOlNc6HSZAjvqIGyIryxiACV5Qd0Us49vmju7Wn5wqnRiPDEvzCZ2rzcPnfEMY0j2KMG&ref=antoinebuteau.com)\]
10. **Millennial values are converging worldwide.** This creates opportunities for companies to build products and brands with global appeal.\[[3](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGae8Gn1EcB6nvekNGcP1P7PIb2dr2M8Kst3j4HEFwpJdnV-Umpxtu8ktM0m7xy7Z2HqPUEhtOTdb3gkJ5JLcNhrP70yBb6vDR4XWLtiiYFuRpKK491S6EALFmrPixELF56tnHwWMMFDD1MswC815EPot6NsftUs-fG-%5FWzF1Q%5F5vaV4n3gaSYv%5FTYwTyhTn3E7u5%5F0CF4d8VZNHE0kl0VvfT5uJYnJ9JeipqiA%5FHthnttcDhdsJga3AIpJC9psHVwp77HaetUAzPlCvDQ0LqtWWP5TLtj7jrDYADB7RZHywgldLG4-qpr7ZV8ykQiITLVa%5Frzm5Hxwcyd-v9FjNGFqgYsfEOlNc6HSZAjvqIGyIryxiACV5Qd0Us49vmju7Wn5wqnRiPDEvzCZ2rzcPnfEMY0j2KMG&ref=antoinebuteau.com)\]

## Learnings from a VC Career

1. **Being a VC is more interesting than anything else he could be doing.** Tung found his passion in early-stage investing after trying his hand at investment banking and co-founding two startups.\[[5](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQH6DXNI64i9YCIG9u%5FojNKlYh1hV31kDRMLZFKEd7Wz6Jr%5FU5fMMfYLBzGO5xoOAzo6D5ACVdFmEiCAeCtSmCZj0m4-OYw22J5gNZcLiNZpDuPs7UeoTL8A4j1dGasU3luiRExl94y9yE2YcpzE-wZA2Sls0zrd54bWVyIgrBD4s58%5F&ref=antoinebuteau.com)\]
2. **A multicultural background can be a significant advantage in global investing.** His ability to understand both Eastern and Western cultures has been instrumental to his success.\[[6](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQFNPs0-2DpYCkAEr65Q-vHs4IQeo9OcyMQNY4%5FfBT%5FxFH1M14Oh%5FKtcoy-klaXu7UcuHTDO42A99%5FEr%5F9Ntd-8eVGRDB3jpJy-JVS4xIjXCrhbdaWwN0Ns7pvun8VU6lEgHMfUNh1Jk31wE1rutf2WelTQccCJa-kEFme5KRreZhbWXHCHX-SEMXf1iMyM1F6KqHKpnUPHyKyq4xAY9jFRDS6wsJJkpeQ%3D%3D&ref=antoinebuteau.com)\]
3. **Moving to China in 2005 was a pivotal career decision.** It allowed him to witness firsthand the rapid evolution of the country's tech landscape.\[[8](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQECZVPl6GTfqclVtjnOAnk7RzyQcNMuFDvbSlo7BqIC7Dvck0e87Hdau449cxCD3LPb9c9pzRUmbOWo5BiwmO7osgNDUMzcFTm%5FMc5QCIMQqeQQMt0o3XuwTqxJ5DuuKBwxUCZ5s3M2&ref=antoinebuteau.com)\]
4. **The Chinese startup ecosystem is fiercer in terms of competition than Silicon Valley.** This challenges the notion that China is a protected market for local companies.\[[7](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGcp9bzVGirR%5F%5Ft4FOExEGG-oLvH%5F00CxVk%5FrgkFQxVZKllWZEowG3UVPHiGn6NHqn%5F2WPCPyf2oN4Guy-8LR7uWDX2ZocnqMtxcBT0zWUifucY-hLrfvbEDUvZ9iFUsG1D76MtC0kSZmUn-ldWnT1eTaAaurKH7iQOqxC1s0vwBnsX2Sm3eW9zZB45UYgFpkMb2TuALfedercHRXz7QLjkQ5a91nipDKmEldXXjDyXhKi6A4N3bQ%3D%3D&ref=antoinebuteau.com)\]
5. **Learning from history is a valuable tool for a VC.** Tung is a student of history and uses his understanding of societal shifts and trends to inform his investment decisions.\[[4](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGih1V-LTw99mvdG1UEaUBnS1GGHbTT%5FvQy-7nNL1IGfudOO1sGE7cpMhrz7RqWvJwiU7XUfZnJONjADwj3cst38m9V3wC0dmfyHFiE%5FbU8%5FDwAVj5gJ5Jn%5FJRAB2Mv7ByK5XOpLQaZP5jxDTKqd11Ew9v%5F4lU6yVw-4B3auJEbsYS1QPWkaG3ItXbsb9zip64UUMMy&ref=antoinebuteau.com)\]\[[5](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQH6DXNI64i9YCIG9u%5FojNKlYh1hV31kDRMLZFKEd7Wz6Jr%5FU5fMMfYLBzGO5xoOAzo6D5ACVdFmEiCAeCtSmCZj0m4-OYw22J5gNZcLiNZpDuPs7UeoTL8A4j1dGasU3luiRExl94y9yE2YcpzE-wZA2Sls0zrd54bWVyIgrBD4s58%5F&ref=antoinebuteau.com)\]
6. **Reading books on behavioral science can provide valuable insights.** Works by authors like Malcolm Gladwell have helped him understand how trends emerge and products get adopted.\[[3](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGae8Gn1EcB6nvekNGcP1P7PIb2dr2M8Kst3j4HEFwpJdnV-Umpxtu8ktM0m7xy7Z2HqPUEhtOTdb3gkJ5JLcNhrP70yBb6vDR4XWLtiiYFuRpKK491S6EALFmrPixELF56tnHwWMMFDD1MswC815EPot6NsftUs-fG-%5FWzF1Q%5F5vaV4n3gaSYv%5FTYwTyhTn3E7u5%5F0CF4d8VZNHE0kl0VvfT5uJYnJ9JeipqiA%5FHthnttcDhdsJga3AIpJC9psHVwp77HaetUAzPlCvDQ0LqtWWP5TLtj7jrDYADB7RZHywgldLG4-qpr7ZV8ykQiITLVa%5Frzm5Hxwcyd-v9FjNGFqgYsfEOlNc6HSZAjvqIGyIryxiACV5Qd0Us49vmju7Wn5wqnRiPDEvzCZ2rzcPnfEMY0j2KMG&ref=antoinebuteau.com)\]
7. **Investing in companies that democratize access to technology is a recurring theme.** Many of his portfolio companies empower both consumers and businesses.\[[9](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQEnX3N4sifzFvGEwCESGD8lnUSzT4F5zlpSdTHY4w57GgLFM08jQZva%5FxX1smQzRUOTFZLnYArBPXP3kM9U6UIQsxEVNH23ysI8VAHGHpCrEqowSBOdn9rEhqHe8BB1d%5FpeC2LR&ref=antoinebuteau.com)\]
8. **The lessons learned from failed startups can be invaluable.** His own experiences as a founder have helped him better serve the entrepreneurs he backs.\[[2](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQH1d7olH4nF1erygBdijZAPwghbtBZQFtqqI2oBz7kNKvsw5stNdd3dbR5xYXL-UldmoI7Wiq5RC%5FnXi0ZYH%5F3tNf6DGZ00Pc3kU92r5iFe53TY-7ND8Fg4LtfqWusMfLsG7BvV8JL4ZhYM4lfO%5FhYuXahT6Lsyiw%3D%3D&ref=antoinebuteau.com)\]
9. **Sometimes you need a stepping stone to get to your desired career.** His early career in investment banking and growth capital led him to venture capital.\[[3](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGae8Gn1EcB6nvekNGcP1P7PIb2dr2M8Kst3j4HEFwpJdnV-Umpxtu8ktM0m7xy7Z2HqPUEhtOTdb3gkJ5JLcNhrP70yBb6vDR4XWLtiiYFuRpKK491S6EALFmrPixELF56tnHwWMMFDD1MswC815EPot6NsftUs-fG-%5FWzF1Q%5F5vaV4n3gaSYv%5FTYwTyhTn3E7u5%5F0CF4d8VZNHE0kl0VvfT5uJYnJ9JeipqiA%5FHthnttcDhdsJga3AIpJC9psHVwp77HaetUAzPlCvDQ0LqtWWP5TLtj7jrDYADB7RZHywgldLG4-qpr7ZV8ykQiITLVa%5Frzm5Hxwcyd-v9FjNGFqgYsfEOlNc6HSZAjvqIGyIryxiACV5Qd0Us49vmju7Wn5wqnRiPDEvzCZ2rzcPnfEMY0j2KMG&ref=antoinebuteau.com)\]
10. **Diversity in VC and startups is essential.** Building diverse teams leads to better decision-making and a deeper understanding of underserved markets.\[[3](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGae8Gn1EcB6nvekNGcP1P7PIb2dr2M8Kst3j4HEFwpJdnV-Umpxtu8ktM0m7xy7Z2HqPUEhtOTdb3gkJ5JLcNhrP70yBb6vDR4XWLtiiYFuRpKK491S6EALFmrPixELF56tnHwWMMFDD1MswC815EPot6NsftUs-fG-%5FWzF1Q%5F5vaV4n3gaSYv%5FTYwTyhTn3E7u5%5F0CF4d8VZNHE0kl0VvfT5uJYnJ9JeipqiA%5FHthnttcDhdsJga3AIpJC9psHVwp77HaetUAzPlCvDQ0LqtWWP5TLtj7jrDYADB7RZHywgldLG4-qpr7ZV8ykQiITLVa%5Frzm5Hxwcyd-v9FjNGFqgYsfEOlNc6HSZAjvqIGyIryxiACV5Qd0Us49vmju7Wn5wqnRiPDEvzCZ2rzcPnfEMY0j2KMG&ref=antoinebuteau.com)\]
11. **You learn a lot from the people you interview and work with.** He sees his podcast and other platforms as a way to both share knowledge and learn from others.\[[2](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQH1d7olH4nF1erygBdijZAPwghbtBZQFtqqI2oBz7kNKvsw5stNdd3dbR5xYXL-UldmoI7Wiq5RC%5FnXi0ZYH%5F3tNf6DGZ00Pc3kU92r5iFe53TY-7ND8Fg4LtfqWusMfLsG7BvV8JL4ZhYM4lfO%5FhYuXahT6Lsyiw%3D%3D&ref=antoinebuteau.com)\]
12. **Venture capital is about more than just money; it's about being a counsel to founders.** Experienced VCs can provide valuable guidance during challenging times.\[[5](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQH6DXNI64i9YCIG9u%5FojNKlYh1hV31kDRMLZFKEd7Wz6Jr%5FU5fMMfYLBzGO5xoOAzo6D5ACVdFmEiCAeCtSmCZj0m4-OYw22J5gNZcLiNZpDuPs7UeoTL8A4j1dGasU3luiRExl94y9yE2YcpzE-wZA2Sls0zrd54bWVyIgrBD4s58%5F&ref=antoinebuteau.com)\]
13. **A VC's track record is built on investing in multiple unicorns.** Tung's portfolio includes over 18 companies valued at over $1 billion.\[[8](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQECZVPl6GTfqclVtjnOAnk7RzyQcNMuFDvbSlo7BqIC7Dvck0e87Hdau449cxCD3LPb9c9pzRUmbOWo5BiwmO7osgNDUMzcFTm%5FMc5QCIMQqeQQMt0o3XuwTqxJ5DuuKBwxUCZ5s3M2&ref=antoinebuteau.com)\]
14. **His investment in Musical.ly (now TikTok) is a prime example of a successful early-stage bet.** GGV invested when the company was valued at around $100 million.\[[2](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQH1d7olH4nF1erygBdijZAPwghbtBZQFtqqI2oBz7kNKvsw5stNdd3dbR5xYXL-UldmoI7Wiq5RC%5FnXi0ZYH%5F3tNf6DGZ00Pc3kU92r5iFe53TY-7ND8Fg4LtfqWusMfLsG7BvV8JL4ZhYM4lfO%5FhYuXahT6Lsyiw%3D%3D&ref=antoinebuteau.com)\]
15. **He was an early investor and board member of Xiaomi.** His belief in founder Lei Jun's vision to provide high-quality, affordable products was a key factor in his investment.\[[1](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQEqHtS9b8HWCqup4heeotmSugxccCDl2W8xEDlm3lDnmqsWpPdQRDjSxQaP8XIxxzD8sgy6L01ZHcxLmmjtwb3tdYwwbnXImxNbdE%5FpZniJoNNTA4gulVGpKylLzlHIZ6Lo1QqRqnjlryWDD6e6vKkHxe2DYeUlROOcXny50YhOC7lXcIQovwHiIFn9rMzPi9hWzA3LdiB6zVoHiyakqGaW&ref=antoinebuteau.com)\]\[[8](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQECZVPl6GTfqclVtjnOAnk7RzyQcNMuFDvbSlo7BqIC7Dvck0e87Hdau449cxCD3LPb9c9pzRUmbOWo5BiwmO7osgNDUMzcFTm%5FMc5QCIMQqeQQMt0o3XuwTqxJ5DuuKBwxUCZ5s3M2&ref=antoinebuteau.com)\]
16. **He played a role in helping Airbnb with its China strategy.** His cross-border expertise has been valuable to many of his portfolio companies.\[[8](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQECZVPl6GTfqclVtjnOAnk7RzyQcNMuFDvbSlo7BqIC7Dvck0e87Hdau449cxCD3LPb9c9pzRUmbOWo5BiwmO7osgNDUMzcFTm%5FMc5QCIMQqeQQMt0o3XuwTqxJ5DuuKBwxUCZ5s3M2&ref=antoinebuteau.com)\]
17. **He helped broker the first meeting between Uber's co-founder and Didi Chuxing.** This demonstrates his role as a connector in the global tech ecosystem.\[[8](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQECZVPl6GTfqclVtjnOAnk7RzyQcNMuFDvbSlo7BqIC7Dvck0e87Hdau449cxCD3LPb9c9pzRUmbOWo5BiwmO7osgNDUMzcFTm%5FMc5QCIMQqeQQMt0o3XuwTqxJ5DuuKBwxUCZ5s3M2&ref=antoinebuteau.com)\]
18. **Being recognized on the Forbes Midas List for over a decade signifies consistent success.** This is a testament to his ability to identify and back groundbreaking companies.\[[9](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQEnX3N4sifzFvGEwCESGD8lnUSzT4F5zlpSdTHY4w57GgLFM08jQZva%5FxX1smQzRUOTFZLnYArBPXP3kM9U6UIQsxEVNH23ysI8VAHGHpCrEqowSBOdn9rEhqHe8BB1d%5FpeC2LR&ref=antoinebuteau.com)\]
19. **Giving back and sharing knowledge is a great way to help other founders and VCs.** He is passionate about mentoring the next generation of entrepreneurs and investors.\[[2](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQH1d7olH4nF1erygBdijZAPwghbtBZQFtqqI2oBz7kNKvsw5stNdd3dbR5xYXL-UldmoI7Wiq5RC%5FnXi0ZYH%5F3tNf6DGZ00Pc3kU92r5iFe53TY-7ND8Fg4LtfqWusMfLsG7BvV8JL4ZhYM4lfO%5FhYuXahT6Lsyiw%3D%3D&ref=antoinebuteau.com)\]
20. **"I think over time as investors get to know Xiaomi better, will come to view it as a different kind of hardware company than what we are used to seeing."** This quote reflects his ability to see beyond conventional wisdom and identify disruptive business models.\[[8](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQECZVPl6GTfqclVtjnOAnk7RzyQcNMuFDvbSlo7BqIC7Dvck0e87Hdau449cxCD3LPb9c9pzRUmbOWo5BiwmO7osgNDUMzcFTm%5FMc5QCIMQqeQQMt0o3XuwTqxJ5DuuKBwxUCZ5s3M2&ref=antoinebuteau.com)\]

Sources

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2. [tindle.com](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQH1d7olH4nF1erygBdijZAPwghbtBZQFtqqI2oBz7kNKvsw5stNdd3dbR5xYXL-UldmoI7Wiq5RC%5FnXi0ZYH%5F3tNf6DGZ00Pc3kU92r5iFe53TY-7ND8Fg4LtfqWusMfLsG7BvV8JL4ZhYM4lfO%5FhYuXahT6Lsyiw%3D%3D&ref=antoinebuteau.com)
3. [deciphr.ai](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGae8Gn1EcB6nvekNGcP1P7PIb2dr2M8Kst3j4HEFwpJdnV-Umpxtu8ktM0m7xy7Z2HqPUEhtOTdb3gkJ5JLcNhrP70yBb6vDR4XWLtiiYFuRpKK491S6EALFmrPixELF56tnHwWMMFDD1MswC815EPot6NsftUs-fG-%5FWzF1Q%5F5vaV4n3gaSYv%5FTYwTyhTn3E7u5%5F0CF4d8VZNHE0kl0VvfT5uJYnJ9JeipqiA%5FHthnttcDhdsJga3AIpJC9psHVwp77HaetUAzPlCvDQ0LqtWWP5TLtj7jrDYADB7RZHywgldLG4-qpr7ZV8ykQiITLVa%5Frzm5Hxwcyd-v9FjNGFqgYsfEOlNc6HSZAjvqIGyIryxiACV5Qd0Us49vmju7Wn5wqnRiPDEvzCZ2rzcPnfEMY0j2KMG&ref=antoinebuteau.com)
4. [forbes.com](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGih1V-LTw99mvdG1UEaUBnS1GGHbTT%5FvQy-7nNL1IGfudOO1sGE7cpMhrz7RqWvJwiU7XUfZnJONjADwj3cst38m9V3wC0dmfyHFiE%5FbU8%5FDwAVj5gJ5Jn%5FJRAB2Mv7ByK5XOpLQaZP5jxDTKqd11Ew9v%5F4lU6yVw-4B3auJEbsYS1QPWkaG3ItXbsb9zip64UUMMy&ref=antoinebuteau.com)
5. [medium.com](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQH6DXNI64i9YCIG9u%5FojNKlYh1hV31kDRMLZFKEd7Wz6Jr%5FU5fMMfYLBzGO5xoOAzo6D5ACVdFmEiCAeCtSmCZj0m4-OYw22J5gNZcLiNZpDuPs7UeoTL8A4j1dGasU3luiRExl94y9yE2YcpzE-wZA2Sls0zrd54bWVyIgrBD4s58%5F&ref=antoinebuteau.com)
6. [ananddaniel.com](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQFNPs0-2DpYCkAEr65Q-vHs4IQeo9OcyMQNY4%5FfBT%5FxFH1M14Oh%5FKtcoy-klaXu7UcuHTDO42A99%5FEr%5F9Ntd-8eVGRDB3jpJy-JVS4xIjXCrhbdaWwN0Ns7pvun8VU6lEgHMfUNh1Jk31wE1rutf2WelTQccCJa-kEFme5KRreZhbWXHCHX-SEMXf1iMyM1F6KqHKpnUPHyKyq4xAY9jFRDS6wsJJkpeQ%3D%3D&ref=antoinebuteau.com)
7. [medium.com](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQGcp9bzVGirR%5F%5Ft4FOExEGG-oLvH%5F00CxVk%5FrgkFQxVZKllWZEowG3UVPHiGn6NHqn%5F2WPCPyf2oN4Guy-8LR7uWDX2ZocnqMtxcBT0zWUifucY-hLrfvbEDUvZ9iFUsG1D76MtC0kSZmUn-ldWnT1eTaAaurKH7iQOqxC1s0vwBnsX2Sm3eW9zZB45UYgFpkMb2TuALfedercHRXz7QLjkQ5a91nipDKmEldXXjDyXhKi6A4N3bQ%3D%3D&ref=antoinebuteau.com)
8. [seedtoscale.com](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQECZVPl6GTfqclVtjnOAnk7RzyQcNMuFDvbSlo7BqIC7Dvck0e87Hdau449cxCD3LPb9c9pzRUmbOWo5BiwmO7osgNDUMzcFTm%5FMc5QCIMQqeQQMt0o3XuwTqxJ5DuuKBwxUCZ5s3M2&ref=antoinebuteau.com)
9. [goldhouse.org](https://www.google.com/url?sa=E&q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQEnX3N4sifzFvGEwCESGD8lnUSzT4F5zlpSdTHY4w57GgLFM08jQZva%5FxX1smQzRUOTFZLnYArBPXP3kM9U6UIQsxEVNH23ysI8VAHGHpCrEqowSBOdn9rEhqHe8BB1d%5FpeC2LR&ref=antoinebuteau.com)