Venture capital tycoon caught? A response is coming! The rumormonger quickly deleted the blogger's partner | Rumors | The rumormonger
The Big Oolong Incident!
Today, there are rumors that Zhu Xiaohu, the managing partner of Jinshajiang Venture Capital, has been detained. According to a reporter from Securities Times, Zhu Xiaohu himself has denied the rumors on his social media and stated that the online order indeed needs to be strictly rectified!
There is ambiguity in social media forwarding, and Zhu Xiaohu is "lying down with a gun"
On the afternoon of the 18th, there were rumors that well-known investor and founder of Jinshajiang Venture Capital, Zhu Xiaohu, was detained. Zhu Xiaohu himself has denied the rumors on his social media.
The source of the rumor points to a Weibo user, and currently, the Weibo content has been displayed as "correction: it is said that a teenager who broke the court has been detained.".
Looking back further, the source of the incident may be Zhu Xiaohu's circle of friends, who praised the young man who jumped out of the stadium and hugged Messi.
If there is a big V, take a screenshot and forward it with a reply: "Detained, do not read."
The two words "detention" clearly stimulated some obscure self media. A Weibo user thought that "detained, don't read" was referring to Zhu Xiaohu, so he quickly sent a message, indicating that the message came from Big V.
![Venture capital tycoon caught? A response is coming! The rumormonger quickly deleted the blogger's partner | Rumors | The rumormonger](https://a5qu.com/upload/images/4371a98017eece6016d384d6d2c0a07f.jpg)
So, an inexplicable dragon emerged. Zhu Xiaohu also angrily criticized on his social media: The online order really needs to be strictly rectified!
Have venture capital leaders ever invested in Didi and Hungry?
Zhu Xiaohu is a regular on Forbes' Global Best Venture Capitalist List, and in 2023, he ranked 69th on the list. He has participated in celebrity investment projects such as Didi, Ele.me, Da Zhi Zhi, Xiao Dian, and Yingke Live.
According to public data, Zhu Xiaohu graduated from Shanghai Jiaotong University and Fudan University, and has successively obtained a bachelor's degree in telecommunications engineering and a master's degree in international economics. At present, he is the managing partner of Jinsha River Venture Capital Fund, mainly responsible for the company's early investment in the Internet, wireless and new media industries. Before joining Jinshajiang Venture Capital, Zhu Xiaohu co founded Yibao Network Technology Co., Ltd. with others. In addition, Zhu Xiaohu has worked in McKinsey's Greater China region and accumulated rich consulting and implementation experience.
Zhu Xiaohu's current position at Jinshajiang Venture Capital Fund was established in 2004. The Fund focuses on early investment and actively distributes investment opportunities in the United States, China and other Asian regions, focusing on AI enabled enterprise services, consumer Internet, medical technology and other fields. According to the official website of the fund, it manages both USD and RMB funds, with a managed capital of over USD 3 billion.
Recent comments: optimistic about consumption
In June this year, Zhu Xiaohu shared his investment views on the current consumer industry and corporate services.
Zhu Xiaohu believes that for entrepreneurs, especially those in the consumer industry, there are three deterministic factors. Firstly, China's unified large market with a population of 1.4 billion and a middle class of 300 million. Secondly, China's strong overall supply chain capabilities. In addition, Chinese entrepreneurs have very strong capabilities.
![Venture capital tycoon caught? A response is coming! The rumormonger quickly deleted the blogger's partner | Rumors | The rumormonger](https://a5qu.com/upload/images/60356a1f5dbe8fbc82136a7dd137e75f.jpg)
At present, his investment projects mainly focus on profits, and he is optimistic about consumer enterprises with brands, high standardization, and a defensible ecosystem. "Nowadays, when starting a consumer business in China, it is necessary to achieve both the ultimate in products and the ultimate in prices," said Zhu Xiaohu.
But for consumer brands with pure buying volume, Zhu Xiaohu is not optimistic. He believes that advertising customer acquisition is not sustainable, and without the support of product and brand power, traffic will quickly disappear. Enterprises should focus on cultivating the long-term value of the brand, focusing on communication and emotional resonance of user value, empowering the value and significance of the brand, in order to establish closer and stable long-term brand relationships with users.
In March of this year, Zhu Xiaohu also expressed confidence in the consumer industry, but he expressed concern about the enterprise service industry, believing that in the next two to three years, the enterprise service industry should give up the illusion of financing and must be able to generate its own growth. Zhu Xiaohu believes that ChatGPT is too powerful and unfriendly to startups in related fields. Chinese startups have opportunities for breakthroughs in two directions.
The first opportunity is to overturn traditional enterprises that react slower in the segmented track. Zhu Xiaohu believes that because ChatGPT can quickly improve productivity, it will reduce the value of existing player software in the software field. The second opportunity is to deliver the final service. Zhu Xiaohu believes that entrepreneurs do not sell software, but should deliver final services. This mode can hold customers tightly in their own hands, and provide better service to them as technology continues to improve.
Zhu Xiaohu believes that for Chinese startups, software empowerment services are the only way out.