Yi Lihua: AI Industry at Early Explosive Stage, Key to Investment Is Capturing a Few Star Companies

Odaily News: Liquid Capital founder Yi Lihua posted on X platform, stating that the core of investment is not to cast a wide net, but to capture a few star companies that can bring excess returns. Duan Yongping's first battle in transitioning from entrepreneur to investor was in 2002, when he invested $2 million in NetEase when its stock price was below $1, and after holding for 8 years, he made a profit of over $260 million, a return of more than 100 times.

Every round of technological revolution contains a large number of excess return opportunities. In the early days of the crypto industry ten years ago, whether holding BTC or investing in quality projects, many 100x cases emerged; currently, the AI industry is at a similar early explosive stage, with a large number of potential targets waiting to be discovered in both the Chinese and American markets. The core goal of current AI investment is to capture the most explosive star companies in this round of AI wave.