“
You have to be willing to be wrong. If you're not wrong often enough, you're not taking enough risk.
risk— Forbes interview, 2018
“
The best founders I've backed all share one thing — they are obsessed with the problem, not with being right.
founder-selection— TechCrunch panel, 2019
“
China is not one market. It's many markets moving at different speeds. If you treat it as a single bet, you'll miss everything.
investing— GGV Capital podcast, 2020
“
The window for any structural shift is always shorter than you think. Being a year early in venture is often just as bad as being a year late.
market-timing— Stanford GSB talk, 2017
“
Your reputation is your deal flow. And your deal flow is everything. There's no shortcut to that.
venture-capital— Bloomberg interview, 2021
“
I've never invested in a market. I invest in people who understand a market better than anyone else alive.
philosophy— Forbes Midas List interview, 2022