Core Viewpoint - The company, Chuangchuang Venture Capital, officially clarifies that recent rumors regarding "mandatory employee co-investment" are false, emphasizing that no such policy exists [1] Group 1: Company Policies - Chuangchuang Venture Capital adheres to investment principles of "market-oriented, professional, and compliant" practices [1] - The co-investment mechanism is based on the principle of "voluntary participation, risk-bearing," aimed at encouraging the team to evaluate projects more prudently and actively support post-investment [1] Group 2: Industry Practices - Providing voluntary co-investment opportunities for key employees is a common practice in the primary market, facilitating a win-win situation among institutions, entrepreneurs, and investors [1]

Core Insights - The essence of leadership is making decisive choices in difficult situations, as hesitation can lead to worse outcomes [3][14][22] - Successful leadership involves making unpopular decisions that create value, rather than conforming to group consensus [7][22] - The journey of entrepreneurship is filled with struggles and pain, which are essential for growth and success [12][33] Leadership and Decision-Making - Leaders must develop the mental strength to make choices in the face of adversity, often opting for the "less bad" option [4][14] - The biggest mistake a CEO can make is to hesitate, especially when both options seem unfavorable [13][14] - Effective leadership is about influencing those who do not report directly to the leader, emphasizing the importance of indirect impact [7][22] Entrepreneurship and Founder Psychology - A non-rational desire to create something meaningful is essential for entrepreneurship; pursuing money alone is insufficient [23][24] - Founders must possess a vision that transcends financial gain, focusing on making a significant impact [24] - The ability to confront fears and make tough decisions is crucial for a CEO's success [13][16] Building Effective Teams - A CEO's role is to assemble a world-class team rather than trying to develop every individual into a top performer [28][29] - The transition from a technical role to a CEO requires a shift in mindset, focusing on high-level decision-making rather than micromanagement [28][29] - Leaders should prioritize finding individuals who can elevate the company rather than attempting to improve underperformers [28][29] Investment and Market Insights - The common wisdom of quickly building a senior management team to achieve product-market fit can lead to chaos if not managed carefully [39][40] - Experienced hires can accelerate business growth, contradicting the notion that startups should avoid seasoned professionals [40] - The perception of a bubble in the AI sector may not reflect reality; often, when everyone believes there is a bubble, it is not the case [50][51][52]

Core Viewpoint - Binance co-founder Changpeng Zhao (CZ) has strongly denied a Financial Times report suggesting that his venture capital firm YZi Labs is planning to raise outside capital, labeling the article as "fake news" and asserting that YZi Labs has never pitched to external investors [1][3][6] Group 1: YZi Labs Overview - YZi Labs, rebranded from Binance Labs earlier this year, is a $10 billion venture capital firm managing CZ's estimated $80 billion fortune along with funds from Yi He and early Binance executives [4] - The firm has investments in over 250 projects, including notable names like Polygon, Aptos, and CertiK, and has expanded its focus beyond cryptocurrency to include AI and biotech [4] Group 2: Response to Financial Times Report - The Financial Times article suggested that YZi Labs was evolving from a family office into an externally facing investment vehicle, indicating potential expansion plans due to regulatory discussions and investor interest [2][6] - CZ refuted the claims made by the Financial Times, emphasizing that there has been no communication regarding fundraising efforts and criticized the media for conflating different issues related to his legal situation [3][5]

Funding News - Archetype, a crypto VC firm, secures over $100 million for its third fund [1] - The fund is backed by global institutions [1]

Core Insights - The investment landscape in Shanghai is undergoing a significant transformation, characterized by the deep integration of capital, industry, and talent, leading to a collaborative value creation methodology that is taking root and generating new possibilities [1] Group 1 - The shift in the venture capital environment in Shanghai indicates a move towards a more integrated approach, combining various elements to foster innovation and growth [1] - The emphasis on collaboration among capital, industry, and talent suggests a strategic pivot that could enhance the effectiveness of investment initiatives [1] - The concept of value co-creation is becoming a foundational principle in the Shanghai venture capital scene, indicating a shift from traditional investment models to more dynamic and interactive frameworks [1]

Group 1: Advisory Group Formation - An advisory group is being formed by members of New York City's business community to guide mayoral candidate Zohran Mamdani if he wins the election in November [1] - The group includes notable figures such as Andrew Milgram from Marblegate Asset Management and Kevin Ryan from AlleyCorp [1][7] - OneNYC, an independent expenditure committee, is organizing the council with input from various sources, including Partnership for New York City CEO Kathy Wylde [2] Group 2: Mamdani's Campaign and Policies - Mamdani, a democratic socialist, has pledged to freeze rents, provide free child care, and open government-run grocery stores, but his plans to raise taxes on corporations and the wealthy have raised concerns among business leaders [3] - His criticism of Israel has also caused unease within the business community [3] Group 3: Business Community Engagement - Wylde emphasized the importance of Mamdani's outreach to the business community, stating that he will need their support to address the city's challenges if elected [4] - Yasser Salem from OneNYC mentioned the goal of assembling a panel of experts across various sectors to develop policies that reinforce New York City's status as a global business leader [4] Group 4: Campaign Finance and Polling - Under campaign finance rules, the advisory group cannot coordinate directly with Mamdani, who currently holds a double-digit lead in polling against his opponents [5] Group 5: Marblegate Asset Management - Marblegate, led by Milgram, is the largest owner of medallions in New York City, having acquired thousands of them after their value collapsed due to the rise of ride-sharing companies [6] - The firm specializes in distressed and special situations and also operates a loan-servicing business and a taxi clubhouse for drivers [6] Group 6: Tech Community Engagement - Ryan from AlleyCorp has been active in organizing meetings between Mamdani and members of the tech community as part of a strategy to address their concerns [8] - Mamdani has engaged in discussions with prominent business leaders, including Jamie Dimon and Brad Karp, to foster relationships and mitigate concerns about his rhetoric [8] Group 7: Fundraising and Future Strategies - OneNYC has raised $179,000 for pro-Mamdani campaigns and has nearly $1 million in commitments [9] - The advisory council is expected to develop strategies for public-private partnerships and talent recruitment for Mamdani's potential administration [9]

Archetype raises over $100 million for latest crypto venture fund https://t.co/AQEN0fX03X ...

Tim Chen, solo VC at his firm Essence VC, just closed his fourth fund, a fresh $41 million, without even trying. https://t.co/1k7BIWobTD ...

StrictlyVC is back at TechCrunch Disrupt in October, bringing together the insiders who shape the venture capital landscape, this time with a sharper focus on the market’s biggest challenge: liquidity. In an era of extended exit timelines, slowed distributions, and increasingly selective LPs, the conversations behind closed doors matter more than ever. Working with Cendana Capital, which has backed 80+ funds in its 15-year history, we are launching a new off-the-record LP track that offers an unfiltered lo ...

Albion Technology & General VCT PLCLEI Code: 213800TKJUY376H3KN1623 September 2025 Albion Technology & General VCT PLC (the "Company") Half-yearly Financial Report for the six months to 30 June 2025 Results announcementThe Company's Directors attach the Company's Half-yearly Financial Report for the six months to 30 June 2025. A summary of the information includes: Loss in the period of 0.58 pence per share (0.8% on opening net asset value) (30 June 2024: return of 4.99 pence per share).Net asset value of 7 ...