Core Insights - Feng He, the founder of Weimiao Business School, emphasizes the creation of social value through his career in finance, education, and technology [1] - In 2017, recognizing the financial struggles of many high-income individuals, Feng established Weimiao Business School to promote financial literacy and help users develop sound financial concepts [3] - Under Feng's leadership, Weimiao Business School gained industry and public recognition, receiving awards such as Tencent's "Annual Influential Online Education Brand" for two consecutive years and being named a "Credible Education Brand" by CCTV [3] - In 2022, Feng sold his stake in Weimiao Education and shifted his focus to full-time angel investing, concentrating on startups in the health and technology sectors [3] - Feng's investment philosophy contrasts with the market's short-term return focus, emphasizing "quality over quantity" and "accompaniment-style growth," aiming to support companies in becoming leaders in their fields [3] - Currently, Feng's investment projects span multiple innovative sectors, reflecting a pathway from practical industry experience to broader social innovation [4]

Core Viewpoint - The article emphasizes the importance of angel investment in fostering technological innovation and highlights the challenges faced by the angel investment sector in China, including fundraising difficulties and insufficient tax incentives [3][14]. Group 1: Angel Investment Overview - Angel investment is defined as the earliest stage of equity investment in startups, which can come from individual investors or institutions [5]. - The concept of angel investment originated in early 20th century New York, where investors provided funds for high-risk theatrical productions [5]. - Angel investors are seen as crucial for supporting the initial stages of technological innovation, often referred to as the "first kilometer" of financial support [9]. Group 2: Challenges in Angel Investment - The angel investment sector in China faces significant challenges, including difficulties in fundraising and a declining number of investments over the past three years [14]. - There is a need for greater societal support and tolerance for angel investors, particularly in allowing for multiple failures before achieving significant breakthroughs [13][15]. - Tax incentives for angel investors are currently insufficient, which hampers the growth of the industry [14]. Group 3: Successful Case Studies - Gong Hongjia's investment of 2.45 million yuan in Hikvision resulted in a return of 20,000 times, showcasing the potential rewards of angel investment [3]. - Song Tao invested 1 million yuan in Mihayou while the founders were still students, and the company is now valued at approximately 175 billion yuan [10]. - The success of these investments illustrates the importance of trust and patience in the relationship between angel investors and entrepreneurs [11]. Group 4: Future Directions and Ecosystem Development - Shanghai is actively working to build a robust angel investment ecosystem, focusing on early-stage investments and collaboration with government and research institutions [19][21]. - The Shanghai Angel Association aims to create a professional platform for angel investment, facilitating the integration of social capital into early-stage technology ventures [21]. - The establishment of various funds and partnerships in Shanghai is intended to enhance the support for seed and angel investments, thereby fostering innovation [20].

Core Viewpoint - The article emphasizes the importance of innovation and technology in redefining the future, inviting young talents to join the ZhenIntern Program to explore and change the world together [1][4]. Program Overview - ZhenIntern Program is a strategic initiative by ZhenFund aimed at cultivating the next generation of venture capital talents, likened to a "Huangpu Military Academy" for young investors [4]. - The program has successfully held 20 sessions and has over 500 alumni, contributing significantly to the venture capital ecosystem [4]. Internship Opportunities - Various internship positions are available, including Investment Intern, Investment Operations Intern, Investor Relations Intern, and more, across multiple cities such as Beijing, Shanghai, and Shenzhen [8][9]. - The internship duration is from July 2025 to December 2025, requiring a minimum commitment of four days a week for at least four months [10]. Learning and Development - Interns will engage in activities such as industry discussions, book sharing sessions, and monthly seminars featuring insights from industry leaders [12][13]. - The program offers hands-on experiences through projects and portfolio visits, allowing interns to interact closely with entrepreneurs and understand startup operations [13]. Community and Culture - The program fosters a vibrant community through team-building activities, social events, and celebrations, enhancing the overall internship experience [14][15]. - Interns will have opportunities to work with cutting-edge technology and gain exposure to innovative products like Apple Vision Pro [15]. Alumni Experience - Alumni share positive experiences, highlighting the unique perspectives gained on entrepreneurship and investment through mentorship and collaboration with peers [16].