News Snapshot:
Neil Shen, the founding and managing partner of Sequoia China, is the top Chinese investor on Forbe’s Midas List for the third year in a row, thanks to his bets in ByteDance, Meituan, and Pinduoduo. Fifteen other Chinese names made it into the annual list of the world’s top 100 VC investors, with four of those being women. That’s five fewer Chinese investors than last year. 5Y Capital, formally known as Morningside Venture Capital, has the most Chinese investors on the list. They are Richard Liu (ranked fourth), Fisher Zhang (19th), and Elwin Yuan (78th), thanks to their investment in...
