Lightspeed Venture Capital’s advance mission is real.

As far as Master Cai knows, Lightspeed China Venture Capital Fund is a non-public fund, which means it is a private equity fund, not an open-end fund.

Lightspeed Anzhen China Phase II was established in 2014 with a target scale of US$220 million and is managed by Lightspeed Anzhen Venture Capital.

The fund completed all fundraising in June 2014, exceeding the original target scale. It will mainly invest in start-up companies in China's Internet, mobile devices, technology services and other fields.

Notes on venture capital advance payments: During the transformation, we will strive to complement the advantages of traditional financial services, use financial technology, big data and other means to increase awareness of financial risk prevention and better connect with the capital market.

At the same venue, executives from the Hongling Venture Capital team also said, “So far, Hongling Venture Capital has not had any false bids, no self-financing, and no repeated bids. They are all real assets.” “Hongling Venture Capital as a whole

The risks are controllable."