Sequoia China's Shen; Venture Capital Market Has 'Changed Completely'

The video discusses the evolving role of venture capitalists, emphasizing the importance of being enabling partners rather than just financiers. It highlights the need for venture capitalists to engage in incubation and collaboration, especially in sectors like medical devices and climate tech. The discussion also covers the challenges posed by changing market conditions, urging a return to early-stage investments and specialization. The value of industry expertise in venture capital is underscored, contrasting the backgrounds of professionals in Silicon Valley and Asia.

What is the new role that venture capitalists are encouraged to adopt according to the first section?

• Acting as an enabling partner

• Focusing solely on financial returns

• Avoiding involvement in company creation

• Becoming a passive investor

In a tougher economic environment, what is emphasized as a core activity for venture capitalists?

• Focusing on short-term gains

• Investing in established companies

• Finding and incubating new companies

• Avoiding high-risk investments

Why is specialization important for venture capitalists in the current market?

• To reduce operational costs

• To better understand and create companies

• To diversify investment portfolios

• To increase short-term profits

What background is suggested to be beneficial for venture capitalists in the third section?

• Legal expertise

• Operating experience

• Marketing and sales

• Consulting and banking

How can venture capitalists create more value and returns according to the third section?

• By focusing on financial metrics

• By partnering with CEOs and founders

• By investing in multiple sectors

• By reducing operational involvement