When Jinshi Capital officially announced that its first-phase fund had completed an oversubscribed fundraising round, it sent shockwaves through the entire investment world.
Well-connected individuals quickly dug up details about Jinshi Capital.
Its Sect Leader, Lu Fang, came from the top international venture capital firm—Blackstone.
Her resume was impeccable, and she had invested in many super-unicorn companies.
Although Lu Fang's background was dazzling, pulling off a feat like an oversubscribed fundraising round at a small VC firm that had only been established for a few months was considered a fool's dream.
Deeper connections were gradually uncovered.
Among the investors in Jinshi Capital's first-phase fund were many faces familiar to the venture capital world.
Shengxuan Group!
Even investors unfamiliar with this company would have heard the thunderous name of Spicy King, a company it held a controlling stake in.
