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December 2006

With about US$4 billion raised by China-dedicated funds in the last year alone, it is sink or swim time in the country's venture capital market

Neil Nanpeng Shen is one of the hottest properties in China's venture capital industry. Ranked 252nd in the 2006 Forbes China rich list, Shen made his name, and his fortune, as co-founder and president of internet travel company Ctrip.com. He followed that up in late October with the successful US$109 million NASDAQ listing of budget hotel chain Home Inns. As founding managing partner of Sequoia Capital's China operations, Shen is looking to lend his Midas touch to Sequoia's investors. ...

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