Great analysis! Another question from international investors - once the next amplification wave becomes obvious, how do you identify the winners? In the EV wave, 400 out of 500 players died. The ones with the best of 六边形战士 qualities? Or with better GR / IR capabilities?
I think the competition is still in its early stages. The winners will become clearer over the next one to two years as the market dynamics evolve and companies demonstrate real execution capabilities. Too early to call it definitively right now.
But that’s exactly the challenge - e.g. in robotics, most of the leading companies will go public in 2-3 years, so VC investors need to know who wins much earlier
Great analysis! Another question from international investors - once the next amplification wave becomes obvious, how do you identify the winners? In the EV wave, 400 out of 500 players died. The ones with the best of 六边形战士 qualities? Or with better GR / IR capabilities?
Thanks for the thoughtful question, Denis.
I think the competition is still in its early stages. The winners will become clearer over the next one to two years as the market dynamics evolve and companies demonstrate real execution capabilities. Too early to call it definitively right now.
But that’s exactly the challenge - e.g. in robotics, most of the leading companies will go public in 2-3 years, so VC investors need to know who wins much earlier
So we have a Ai and robot bubble,
Chinese investors never learn, ev bubbles, solar bubbles, bubble tea bubbles.