Recent news related to Meridian Capital China
Recently, Meridian Capital's founding managing partner Ji Wei participated in the recording of Suzhou Broadcasting's first venture capital program "The Start-up" as an entrepreneurial mentor at the invitation of Oriza's Sandlake Equity Investment Center and received an interview with Sandlake during the recording of the program. In this interview, Ji Wei systematically explained the internal investment strategy of Meridian Capital and said that in the future, Meridian Capital will continue to make a vertical layout of the whole industry chain in promising market segments.
2016 was a harvesting year for Meridian Capital. In 2016, Meridian Capital won dozens of awards including the Top 10 Most Active VC Firms of the Year 2016 in China by ChinaVenture and Top 50 VC Firms of the Year 2016 in China by Zero2IP0. In addition, Meridian Capital made great business achievements. During the "capital winter", Meridian Capital set up an "825 Phase II cultural industry fund" with RMB 2 billion under management and invested in 30 outstanding entrepreneurial teams. 5 invested enterprises including Houghton Street Media and WeMedia were successfully listed on the NEEQ. More than 30 invested enterprises completed follow-up financing of a total amount of more than RMB 2.5 billion. The invested enterprises exited by usual means and at a usual speed. (Each year, 4-6 enterprises will exit through mergers or listing on exchanges, mainly mergers and exiting from subsequent rounds.) Meridian Capital's outstanding performance is attributed to a set of systematic investment rule, which are summarized as the "calm wolf culture" by the founding management partner Ji Wei in a recent interview with Sandlake. In her view, "calm" means currently the market is in a relatively calm and active period and despite the theory of "capital winter", the investment enthusiasm remains strong whether by capital supply or the investment rate of firms, but the firms now pay more attention to the cashability of projects and are more rational about investment decisions. The "wolf culture" refers to a firm's speed of reaction to market. "The wolf culture is a necessary quality of investors, Ji Wei said, "Making an investment requires foreseeability. As the market changes rapidly, the firms should be more capable of foreseeing market trends, make keen judgment of changes and find investment opportunities from it."
