松禾资本厉伟：做创业者身边最坚定的“时间合伙人”

Core Insights - The article emphasizes the importance of patience in technology investment, highlighting that successful investment requires a long-term commitment and understanding of the industry dynamics [2][4][9] Investment Philosophy - The founder of Songhe Capital, Li Wei, believes that technology investment is not a gamble but requires professionalism, courage, and patience [4][9] - Professionalism is crucial as different technology sectors require specialized knowledge and expertise [4] - Courage is necessary to support companies through their non-linear growth paths, which may deviate from initial expectations [4] - Patience is essential, as high-tech companies often take years to mature, with some requiring over a decade from angel investment to IPO [4][9] Investment Focus - As of September 2025, Songhe Capital has invested in over 200 technology companies, including notable firms like SenseTime, Aibee, and Defang Nano [2][4] - The investment strategy focuses on three main areas: digital technology centered on artificial intelligence, precision medicine based on genetic testing, and breakthroughs in innovative materials [9] Entrepreneurial Support - Li Wei views investors as companions to entrepreneurs, providing support and guidance throughout different stages of a company's growth [5][7] - The article illustrates the collaborative relationship between Songhe Capital and its portfolio companies, such as BGI Genomics, where the firm provided crucial funding and resources to overcome challenges [3][6] Market Trends - The article discusses the long-term nature of technological innovation, emphasizing that sectors like information technology, optical chips, aerospace, synthetic biology, and artificial intelligence are characterized by extended development cycles [9] - Li Wei stresses the need for Chinese companies to master hard technology to compete globally, aligning investment strategies with national priorities and macro trends [9]