Neil Shen

Neil Shen

Neil Shen is an influential entrepreneur and also an investor, who was born in 1967 in the province of Zhejiang, China. He is Founding and Managing Partner of Sequoia Capital China.[1]

He earned a Bachelor’s degree at Shanghai Jiao Tong University, and holds a Master’s degree from Yale University in the United States. He serves as Global Steward of Sequoia Capital.[2] and is also the co-founder of Ctrip[3] and the Home Inns[4] hotel chain.

Mr. Shen is the number one-ranked investor from China according to Forbes’ The Midas List 2012 through 2015.[5][6][7][8]

As a Director of the China Entrepreneurs Forum,[9] Mr. Shen served as the rotating Chairman in 2015. He is the Board Chairman of the Yale Leadership Center in China.[10] He is the Vice-Chairman of the Venture Capital Committee for Asset Management Association of China. Mr. Shen is also a Trustee of the Asia Society.[11] He is the founding board member and the 2016 rotating President of the Future Forum. He serves as a Director of Teach For China.[12] He is also the Vice President of Beijing Private Equity Association, and the Vice Chairman of the Zhejiang Chamber of Commerce, Shanghai.[13]

He was the Top Venture Capitalist in China ranked by Forbes from 2010 to 2013[14][15] and in2015. He was ranked at No. 3 in 2014. The Asian Venture Capital Journal named him the Venture Capitalist of the Year in both 2010 and 2015,[16] and also the Entrepreneur of the Year in 2004. CCTV included Neil Shen on its 2006 list of the China Economic Person of the Year. In 2016, the New York Times reported that Neil Shen was ranked at #9 on the CB Insights listing of the world’s top venture capitalists.[17]

In both 2014 and 2015, Neil Shen, as one of the few honored guests, attended the first and second China's World Internet Conference [18] He is a member of High-level Advisory Council of the Secretariat of the World Internet Conference Organizing Committee.[19]

In September, 2015, Mr. Shen was received by Chinese President Xi Jinping[20] at the China – U.S. Internet Industry Forum in Seattle, Washington, USA.[21]

Educational Experience

In 1985 Neil Shen attended Shanghai Jiaotong University in the first class of its newly established program which waived selected students from examination requirements.[22][23] In 1989, he graduated with a Bachelor’s degree from Shanghai Jiao Tong University.

In 1989 he came to the United States to study—initially majoring in Mathematics at Columbia University[24] and later accepted at Yale University. He received a Master's Degree from the Yale University in 1992.[25]

Employment and Entrepreneurship

Following graduation from Yale in 1992, Neil Shen accepted a position at Citibank[26] in the United States.

In 1994, Shen returned to China, joining Lehman Brothers,[27] where he handled investment-banking projects in China.

From 1996 to 1999, Mr. Shen served as a director at Deutsche Bank in Hong Kong,[28] China, responsible for transactions involving China's debt capital markets.

In 1999, Neil Shen founded Ctrip, serving as Chairman, President and Chief Financial officer. In December 9, 2003, Ctrip was listed on the NASDAQ.[29][30]

In 2002, he founded the Home Inns hotel chain where he served as the Founder and Co-chairman. On October 26, 2006, the Home Inns hotel chain was listed on NASDAQ.[31]

In 2003 and 2004, Neil Shen personally became the angel investor and board director of E-House China and China Focus Media.[32]

Sequoia China

Neil Shen founded Sequoia China in September, 2005.[33]

Following the economic crisis, in 2009 Sequoia Capital, led by Neil Shen, chose to invest in companies with high-potential growth.[34]

Mr. Shen has managed the IPOs of several companies on NYSE, HKEx, and China A-Share Exchange.

He facilitated the merger of Sina Real Estate Channel with E-House China, and successfully listed E-House China on NYSE on August 8, 2007. In December 2009, Neil Shen helped the Cao Guowei team to lead the acquisition of the No.1 online portal Sina.

In October 2015, Neil Shen delivered a speech "You are changing the world" at the 10th Anniversary of Sequoia China.

Now Sequoia China has offices in Hong Kong, Beijing, Shanghai, Guangzhou, Suzhou, and Shenzhen. Over the past ten years, Sequoia China has built an impressive and diverse portfolio. This group of approximately 300 dynamic companies delivers high returns on investment using differentiated technologies and innovative business models. They include Alibaba, VIPshop, Sina.com, JD.com, Didi, Ourpalm, Qihoo 360, Jumei, Momo, SINNET, Dianping, Meituan, Meilishuo, Toutiaoto, Navi, Ganji.com, DJI, VanceInfo, Noah Private Wealth Management, Wanda Cinemas, Alibaba Pictures, Plateno Hotels Group, Deppon Logistics, ZTO Express, Beta Pharma, Snibe Diagnostic, BGI, WEGO, and Yuwell Medical.

Educational And Civic Activities

In 2005, Neil Shen funded a scholarship program at his alma mater Shanghai Second School.[35]

In 2009, Mr. Shen endowed the "Sequoia Xia An" professorship fund at his undergraduate alma mater Shanghai Jiao Tong University,[36] as well as a scholarship program named "Zhiyuan College Outstanding Student Scholarship".[37]

As a board member of the Education Development Foundation at Shanghai Jiao Tong University, Neil Shen has funded the summer exchange program between Shanghai Jiao Tong University and Yale University. Neil Shen has also made several donations to Yale University.

In October 2014 the Yale University China Center was unveiled in Beijing. Mr. Shen participated in the endowment of the Center with the largest donation ever from Yale China Alumni.[38]

In November 2015, during COP 21 (United Nations Conference on Climate Change in Paris), the Breakthrough Energy Coalition was formed led by Bill Gates, Neil Shen, Jack Ma, Mark Zuckerberg and 28 other business leaders who committed to invest significant resources in the next five years to address climate change and clean energy issues.[39]

Neil Shen is Director and a long-time benefactor of the Teach For China program[40]

  1. "Neil Shen". Forbes. Retrieved 2016-03-07.
  2. "Boao Forum for Asia". english.boaoforum.org. Retrieved 2016-03-06.
  3. "How Neil Shen Built A Winner At Sequoia Capital China". Forbes. Retrieved 2016-03-06.
  4. "Home Inns & Hotels Management Inc. - Board & Management". english.homeinns.com. Retrieved 2016-03-06.
  5. "China Rich Lister Neil Shen Makes The 2012 Forbes Midas List". Forbes. Retrieved 2016-03-06.
  6. "Chinese VCs On Midas List Upbeat Despite Slow Growth Fears". Forbes. Retrieved 2016-03-06.
  7. "Neil Shen". Forbes. Retrieved 2016-03-06.
  8. Konrad, Alex. "Neil Shen - In Photos: Midas List Top 10". Forbes. Retrieved 2016-03-06.
  9. "Asia Society Board Welcomes New Trustees". Asia Society. Retrieved 2016-03-06.
  10. "Sequoia Capital China Founding and Managing Partner Mr Neil Shen Shares Insights on Entrepreneurship in China at HKUST 25th Anniversary Young Entrepreneurs Series". HKUST. Retrieved 2016-03-06.
  11. "Asia Society Board Welcomes New Trustees". Asia Society. Retrieved 2016-03-07.
  12. "About Our Organization | Teach For China". www.tfchina.org. Retrieved 2016-03-06.
  13. "Mr Neil Shen". 25a.ust.hk. Retrieved 2016-03-06.
  14. "Sequoia's Neil Shen Tops New Forbes China Ranking Of Top Venture Capitalists". Forbes. Retrieved 2016-03-05.
  15. "Sequoia's Neil Shen Tops Forbes China Ranking Of Best Venture Capital Investors". Forbes. Retrieved 2016-03-05.
  16. "AVCJ Awards 2015: Venture Capital Professional of the Year: Neil Shen". www.avcj.com. Retrieved 2016-03-05.
  17. "Top Start-Up Investors Are Betting on Growth, Not Waiting for It - NYTimes.com". mobile.nytimes.com. Retrieved 2016-03-15.
  18. "红杉资本沈南鹏:塑造影响世界的互联网新力量". tech.sina.com.cn. Retrieved 2016-03-07.
  19. "世界互联网大会成立高级别专家咨询委员会-新华网". news.xinhuanet.com. Retrieved 2016-03-07.
  20. "Xi Jinping". Wikipedia, the free encyclopedia.
  21. "28位中美互联网大佬抵达西雅图静候习大大|名单". finance.ifeng.com. Retrieved 2016-03-07.
  22. "Council". en.ccg.org.cn. Retrieved 2016-03-06.
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  24. Wang, Huiyao (2012-01-01). Globalizing China: The Influence, Strategies and Successes of Chinese Returnee Entrepreneurs. Emerald Group Publishing. ISBN 9781780523880.
  25. "Neil Shen". Forbes. Retrieved 2016-03-06.
  26. "Neil.Shen | HYSTA (Hua Yuan Science and Technology Association)". www.hysta.org. Retrieved 2016-03-06.
  27. "Neil Shen - Founding Managing Partner - China @ Sequoia Capital | CrunchBase". www.crunchbase.com. Retrieved 2016-03-06.
  28. "Neil Shen - Founding Managing Partner - China @ Sequoia Capital | CrunchBase". www.crunchbase.com. Retrieved 2016-03-06.
  29. "Ctrip". Wikipedia, the free encyclopedia.
  30. "NASDAQ". Wikipedia, the free encyclopedia.
  31. "HMIN Interactive Stock Chart | Yahoo! Inc. Stock - Yahoo! Finance". finance.yahoo.com. Retrieved 2016-03-06.
  32. Walt, Kuenstler (March 6, 2016). [ttp://www.ce.cn/xwzx/gnsz/gdxw/200708/10/t20070810_12492446.shtml "CN.CE"]. CE.CN. CE. Retrieved March 6, 2016.
  33. "Sequoia Capital China Founding and Managing Partner Mr Neil Shen Shares Insights on Entrepreneurship in China at HKUST 25th Anniversary Young Entrepreneurs Series". HKUST. Retrieved 2016-03-08.
  34. "沈南鹏:回顾我在红杉投资这十年". baixiaosheng.net. Retrieved 2016-03-07.
  35. Kuenstler, Walt (March 6, 2016). "Xhedu". http://www.xhedu.sh.cn. Xhedu. Retrieved March 6, 2016. External link in |website= (help)
  36. "上海交通大学教育发展基金会". foundation.sjtu.edu.cn. Retrieved 2016-03-07.
  37. "上海交通大学教育发展基金会". foundation.sjtu.edu.cn. Retrieved 2016-03-07.
  38. "Yale announces new Leadership Center in China". Yale News. Retrieved 2016-03-09.
  39. "Introducing the Breakthrough Energy Coalition". www.breakthroughenergycoalition.com. Retrieved 2016-03-06.
  40. "About Our Organization | Teach For China". www.tfchina.org. Retrieved 2016-03-06.
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