Zero2ipo: researching China's VC industry

Wearing a battered suit, testimony to his recent hectic flight schedule to Hong Kong, Shenzhen and back to Beijing, Gavin Ni is young and quietly spoken. Unlike many Chinese active in venture capital funding, Ni is not a US returnee. He chose to stay in China after finishing his studies at Tsinghua University and had a brief stint in journalism before switching into the venture capital field. Unlike many returnees, who sometimes latch on to American habits of conviviality to an almost alarming degree, Ni speaks with the reserve typical of a Chinese businessman confronted by an unfamiliar journalist.