Milestones
Alan Song of Harvest Capital Named to "Forbes China Top 100 Venture Capitalists" for Fifth Consecutive Year
Date: 2023-12-27 Views:
Source: Forbes China
On December 26, Forbes China released the "2023 Top 100 Venture Capitalists" list. Mr. Alan Song, Founding Partner and Chairman of Harvest Capital, was named to the "Forbes China Top 100 Venture Capitalists" for the fifth consecutive year, achieving outstanding results again in 2023.
For the 17th consecutive year, Forbes has conducted independent research on venture capitalists active in the mainland China market, identifying 100 investors who have achieved strong performance over the past five years from nearly a thousand samples recommended by hundreds of venture capital institutions.
This year continued to be one of challenges for China's venture capital industry, primarily stemming from fundraising and exit stages. In a rapidly changing external environment, perseverance has become especially important.
As a specialized fund focused on investments in the consumer and service industries, Harvest Capital believes that as the economy undergoes downward transformation and upgrading amid insufficient effective demand, it is necessary to capture the essential, high-frequency, livelihood-oriented basic needs of 80% of Chinese people. We will continue to steadfastly cultivate the consumer sector and will not change our passion for the industry due to policy shifts.
Consumption and technology represent two sides of the same coin in economic and social development, constituting the two most important elements of the national economy. The consumer industry creates employment and tax revenue, and provides application scenarios for the technology industry.
In today's process of systemic reconstruction, understanding the underlying logic of social development trends and possessing strong dynamic system adjustment capabilities are increasingly important. Understanding systemic reconstruction means understanding China's future. By truly standing with the lives of 1.4 billion people and resonating with society's greatest common denominator, at this historic turning point of systemic reconstruction, it becomes easier to align with time and remain compatible with the system.
Each of us is a variable in the game of social systems. Only by staying synchronized with the times and advancing with them can we avoid being cleared out by the system. By following historical trends, moving in concert with progress, giving time to civilization and giving civilization a future, we can more deeply integrate ourselves into this era and correctly advance into the depths of history.
The tide of the times surges forward powerfully. The era of high-quality growth in China's economic transformation bestows upon investors a great historical mission. Steady daily progress knows no end; merit never goes to waste and eventually reaches the sea.
We thank Forbes China for this recognition. We believe the future will certainly give birth to more high-quality Chinese enterprises, Chinese stories, and Chinese values.
"Forbes China 2023 Top 100 Venture Capitalists" Complete List
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