2026年9月10日

“Queen of Venture Capital” Xu Xin Splashes $300M to Reclaim Missed Chance

Deal SummaryToday Capital acquired ByteDance shares for $300M (original price $200M)ByteDance valuat...

  • Deal Summary
    • Today Capital acquired ByteDance shares for $300M (original price $200M)
    • ByteDance valuation rises to $480B
    • Seven bidders participated; one of the largest secondary market deals of 2025
  • Background & Motivation
    • Xu Xin previously missed investing in TikTok (price quoted at $7B)
    • Today Capital re-enters amid AI business growth and global expansion
    • ByteDance AI investment in 2025 expected at RMB 150–160B
  • Xu Xin’s Investment Track Record
    • Key successful investments: Wahaha, NetEase, JD.com, Meituan
    • Entered investment industry in 1995, founded Today Capital in 2005
    • Today Capital manages ~$3B in funds, invested in 60+ companies
  • Wealth & Recognition
    • Xu Xin net worth: RMB 14B (Hurun 2025 ranking #481)
    • Dubbed “Queen of Venture Capital” and “Female Buffett”

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