With over $9 billion in assets under management, GGV Capital is one of venture capital’s largest and most prominent players. The 22-year-old firm invests in startups from seed to growth stages across a variety of sectors, including consumer, internet, enterprise/cloud and fintech.
This year was one of the most difficult the startup world has seen in some time, as it forced investors and founders alike to adapt to a drastically different market than they enjoyed in 2021.
To better understand GGV’s position during a challenging venture environment, I sat down with managing partner Hans Tung to get his thoughts on the state of investing today, why he believes that there are “many more large fintechs yet to be built” and that raising a down round “is not the end of the world.”
