Graduated from Duke University with a master's degree in computer science, then worked in Silicon Valley, and returned to China to join Baidu on 200 1. At the beginning of 2003, he co-founded Thunder with Duke University classmate Zou Shenglong; Thunder was listed on NASDAQ on 20 14. 2065438+ 161On October 28th, Hao Cheng officially announced his resignation from Thunder and established Songhe Roy Fund with Li Wei and Songhe Capital Wang Yang. On May 2, 20 18, together with Tian and Ping Jiang, it announced the establishment of capital.
Hao Cheng has a lot of insights in the field of artificial intelligence, which has aroused extensive discussion. He wrote "Six Core Problems of Artificial Intelligence" and "Artificial Intelligence is only a dead end for technical service providers! Articles such as "Three Key Words in the Second Half of the Internet" have had a far-reaching impact on entrepreneurs in related fields in China and become their guiding lights on the road of entrepreneurial innovation.
The core of Hao Cheng's investment strategy
1, domain focus: Roy Capital plans to invest 90% of its capital in artificial intelligence.
The value of the Internet is to provide connections and information, but the imbalance between supply and demand in many industries in China is a more serious problem. It is artificial intelligence that can really improve social productivity and solve the imbalance between supply and demand. In the future, artificial intelligence will transform all walks of life far beyond the Internet.
2. Project focus: There are few projects but heavy positions, and there is no shotgun.
Roy Capital will focus on high-quality entrepreneurs, deeply bind projects and continue to follow suit. Roy Capital hopes that Roy will still be the most important backing and partner of the team after the invested company is enlarged or even listed. Therefore, Roy Capital will concentrate more bullets on high-quality and high-quality projects.
3. Focus on post-investment management: More than half of the energy is focused on post-investment management and become a partner investor.
Hao Cheng has personally experienced the whole process of a startup from two people to listing on NASDAQ in the United States, and has more than ten years of practical experience in front-line management of enterprises, which is very scarce among investors. As an old entrepreneurial driver, Hao Cheng can help the investment projects grow faster and more stably, including finding people, money and resources, sorting out business models, corporate governance, and helping enterprises to promote their brands. Hao Cheng defines himself as a "cooperative investor".
The above contents refer to Baidu Encyclopedia-Hao Cheng.