Core Viewpoint - The article highlights the investment philosophy and achievements of Mi Qun, a prominent figure in early-stage technology investments, emphasizing the importance of understanding both current and future technological trends to identify potential investment opportunities [1][2][4]. Investment Strategy - Mi Qun has over 20 years of experience in venture capital, focusing on early investments in outstanding Chinese technology companies and facilitating their global expansion [2][16]. - The investment strategy involves a dual focus on hardware and software innovations, recognizing their interdependent nature [2]. Successful Investments - Mi Qun led early investments in successful companies such as Meituan, Pinduoduo, and several hard-tech firms like Zhongji Xuchuang and Hesai Technology, which have become industry leaders [1][3][12]. - Zhongji Xuchuang has grown into a global leader in AI optical communication technology, achieving a market valuation of over 100 billion [6]. - Hesai Technology, recognized as the first Chinese company to go public in the lidar sector, has achieved the highest market share in the global automotive lidar revenue [12]. Industry Insights - Mi Qun emphasizes the necessity of long-term research and understanding of industry trends, as demonstrated by his extensive study of the lidar industry before investing in Hesai Technology [5][6]. - The article discusses the importance of having a growth mindset and continuously learning to adapt to the rapidly evolving technology landscape [14]. Team and Collaboration - The core investment team at Lightspeed China Partners possesses strong technical backgrounds and extensive industry experience, enabling them to identify promising projects and trends [15]. - Mi Qun actively shares his insights and experiences with his team to foster collaboration and drive greater impact in the investment landscape [14].