YUVC#12 - Lewis Hong (Round 2), Founding Partner@FP Solutions VC
Why You Venture Capital (YUVC)2024-06-0600:25:12
YZ Yuanzhe Fu + YY Yuyan Wang, founders of YUVC are super excited to have a round-2 with Lewis Hong, Partner of FP Solutions VC, face-to-face at Westin Shenzhen.
Previously, we had an online chat with Lewis uncovering his SpaceX life, investment rationale, and interesting stories.
Since Lewis had a deep dive into the Shenzhen supply chains, we learned from him about these topics:
00:50 Chinese Founders Going Global
09:49 Where to Source Hardware Tech
16:26 AI in 3 years
17:30 AI workflow as a hardware tech VC
20:47 Meaning of Life
Highlights:
YY: Are there any interesting companies that have made some fatal mistakes in localization?
Lewis: From the bottom of your heart, how to overcome the resistance to you being a foreign enterprise. You do it by being more local than the local enterprises.
YZ: What are some obvious traits of entrepreneurs?
Lewis: Teamwork is crucial. We are not very keen on investing in entrepreneurs who work alone. We hope to find many Musks, but relatively speaking, they are rare.
YZ: What kind of capabilities will AI have in 3 years?
Lewis: For ourselves, we focus on AI-inspired hardware.
Links:
Talk to YUVC：https://open.firstory.me/user/clu0vzxex0qat01vncefi0w1s/comments
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