Early Life
Cai Wensheng was born in 1970 in Shishi, Quanzhou, Fujian. His background as a high school dropout, without formal technology or English language skills, set him apart from many in the venture capital world. Despite these beginnings, Cai has established himself as a significant figure in the tech industry.
Rise to Success
Cai Wensheng entered the internet field in 2000 and founded 265.com in 2003, which was later acquired by Google in 2007. This early success led him to become a prominent angel investor, with investments in companies like 58.com and Baofeng Yingyin. He then founded 4399 Games and Meitu Xiuxiu, which later became Meitu. Meitu was listed on the Hong Kong Stock Exchange in December 2016, marking a significant technology IPO at the time.
Key Business Strategies
Cai's strategy has involved identifying and investing in promising startups. His early investments in 58.com and Baofeng Yingyin were highly successful. Cai is also known for his vision in recognizing the potential of the photo editing and selfie market, leading to the creation and growth of Meitu. He has been actively involved in the Web3 field, particularly in Hong Kong, and has made strategic property investments.
Philanthropy
Information on Cai Wensheng's specific philanthropic activities is not readily available through the search results. However, as an influential figure in the technology and investment sectors, it is likely he supports various charitable causes, though the details are not explicitly provided in the search results.
