Alan Song, founding partner and chairman of Chinese VC firm Harvest Capital, has once again made Forbes China’s list of the Top 100 Venture Capitalists. This marks the third consecutive year that Mr. Song has been included in the list.
Through an independent survey conducted in 2021 that examined capitalists who work at over 200 venture capital (VC) firms and are active in mainland China, Forbes China selected 100 investors who delivered strong performance over the past five years. This year’s selection results not only represented the Matthew Effect in the Chinese VC investment market but also demonstrated the Long Tail Effect of VC investment. The return on investment (ROI) upon exit of the 100 capitalists accounted for 80 per cent of the total ROI of all the candidates, indicating that the market over the past five years has been facing a lack of projects that can show long-term value throughout the market cycle.
