Morningside's Liu on Investment Strategy, Trade

The transcript discusses the decision-making process for investing in companies, focusing on the importance of understanding end-user reactions and innovation. It highlights the investment in Xiaomi, emphasizing its valuation and potential returns. The speaker also mentions new investments in EV and robotics companies, stressing the relationship between AI and EV. The strategy and lack of KPIs in venture investments are explained, highlighting the uncertainty involved. Finally, the potential impact of trade sanctions on tech investments is discussed, with a focus on the collaboration between the US and China.

What is a key factor for VCs when deciding to invest in a company?

• The company's marketing strategy

• End-user reactions to the product

• The company's current revenue

• The number of employees

Why did the investors decide to invest in Xiaomi despite its zero revenue?

• Xiaomi had a strong marketing campaign

• They believed in the potential for future returns

• The company had a large number of employees

• The company was already profitable

What is the relationship between AI and EVs according to the investors?

• They are unrelated fields

• AI is not used in EVs

• AI and EVs are highly related

• EVs are more advanced than AI

What is a major challenge in venture investments as mentioned in the transcript?

• Setting up a KPI

• Marketing the product

• Predicting future trends

• Finding skilled employees

What is the speaker's view on the potential impact of trade sanctions between China and America?

• They are worried about short-term impacts

• They believe it will have a long-term impact

• They think it will benefit both countries

• They are not concerned at all