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风投女王徐新豪掷3亿美元押注字节:一场迟到的“弥补”
Guan Cha Zhe Wang·2025-11-25 08:57

Core Insights - The acquisition of ByteDance shares by Today Capital, led by Xu Xin, was completed at a price of $300 million, representing a 50% premium over the initial asking price of $200 million, significantly boosting ByteDance's valuation to $480 billion, making it the second most valuable startup globally after OpenAI [1][3][4] Group 1: Acquisition Details - Today Capital acquired shares from one of ByteDance's early institutional investors, Bank of China Investment, amidst a competitive bidding process involving seven bidders [3] - The initial valuation for ByteDance was approximately $360 billion, but the final transaction raised the company's valuation to $480 billion, reflecting strong investor confidence in ByteDance's AI technology and global growth prospects [3][4] Group 2: Xu Xin's Investment Philosophy - Xu Xin, known as the "Queen of Venture Capital," has a history of high-return investments, including early stakes in companies like NetEase and JD.com, which have solidified her reputation in the investment community [2][5][6] - Her investment philosophy emphasizes patience and strategic timing, as demonstrated by her previous successful investments that yielded significant returns, such as an 800% return from NetEase and over 100 times return from JD.com [6][7] Group 3: Market Position and Future Prospects - ByteDance's valuation places it ahead of other notable companies like SpaceX, highlighting its dominance in sectors such as short video and e-commerce, as well as its advancements in AI [4][7] - The upcoming potential IPO of ByteDance is expected to attract significant attention in global capital markets, positioning Xu Xin and Today Capital advantageously as they secure their stake before this event [7]