In this episode, I share why we’re giving 10 interns real money to invest in the public market. Along the way, I revisit XVC’s early annual letters from 2016 and 2017, dig into the ups and downs of Boyu’s personal stock portfolio, and explore how lessons from public market investing might translate into better decisions in early-stage venture.

In a recent podcast interview, our founder Boyu Hu shared his insights into how we went from initial discovery to the investment decision into CHAGEE.

Also in this interview, Boyu shared his background from co-founding Amarsoft (SHE: 300380) back in college days to founding XVC, the culture of entrepreneurial spirit that enables us to adopt a pure-alpha strategy, and examples of structural changes.