Neil Shen
Bio
- From Cointelegraph (3-2023):
"Neil Shen is the renowned investor behind Sequoia China, which he founded in 2005. The firm’s parent company, Sequoia Capital, is one of the biggest Silicon Valley venture capital firms. Shen is the managing partner of the Chinese arm of the firm and is responsible for seeking out promising business endeavors.
Via Sequoia China, Shen has invested in over 600 companies, including many Chinese powerhouses. About 60 of these have since become unicorns. Before joining Sequoia China, Shen co-founded two successful companies: Trip.com, China’s most popular travel site, and Home Inns, China’s biggest budget hotel chain.
Shen also has significant experience as an investment banker, having worked at Deutsche Bank Hong Kong, Citibank, Lehman Brothers and Chemical Bank. He is currently the director of several companies, including the Chinese mega shopping platform Meituan and Chinese tourism company BTG Hotels, and is a wealth management service provider at online agricultural marketplace Pinduoduo and wealth management organization Noah Holdings.
Shen is also a philanthropist and sustainability advocate, with his latest efforts directed toward urging Beijing’s leaders to invest in green technology solutions to become carbon neutral by 2060. Shen holds a Bachelor of Science degree from Shanghai Jiao Tong University and a Master of Arts degree from Yale University.
Shen ranked third in Forbes’ Midas List 2022 because of successful investments in Meituan, Pinduoduo and TikTok parent company, ByteDance. This is the fifth year that Shen has been in the Midas List’s top three. His current focus is on emerging investment themes related to China’s economy. Among these include initiatives relating to carbon neutrality, biotechnology and robotics.
Shen shocked the investment community in 2022 with Sequoia China’s record-breaking $9 billion crypto fund, raised to focus on Chinese tech startups. This was the largest fund yet to be raised by a single firm."
