# Venture Capital and Technology in China with Bohan Lou – #118 Page: https://stenobird.com/podcast/manifold-4829537/venture-capital-and-technology-in-china-with-bohan-lou-118 Text version: https://stenobird.com/podcast/manifold-4829537/venture-capital-and-technology-in-china-with-bohan-lou-118.md Podcast: [Manifold](https://stenobird.com/podcast/manifold-4829537) Published: 2026-08-13T09:00:00+00:00 Episode link: https://share.transistor.fm/s/4e56312e Audio file: https://media.transistor.fm/4e56312e/b3619690.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/manifold-4829537/episodes/venture-capital-and-technology-in-china-with-bohan-lou-118 Duration seconds: 3946 ## Resource Bohan Lou is a partner at Chemistry Ventures, based in SF. https://x.com/loubohan Bohan's report on the venture ecosystem in China: https://x.com/loubohan/status/2082143914924851449 Chapter Markers: (01:42) - Venture Capital in China; Bohan’s Shanghai Roots (11:15) - Chemistry Fund and China Investing (20:04) - China Trip and Venture Reality Check (32:18) - Pressure Cooker: Founder Exits and Financial Liability (33:50) - Variation in Founder-Friendly investment environment (46:52) - AI Models and Open Source (58:56) - Big Picture and Wrap Up – Steve Hsu is Professor of Theoretical Physics and of Computational Mathematics, Science, and Engineering at Michigan State University. Previously, he was Senior Vice President for Research and Innovation at MSU and Director of the Institute of Theoretical Science at the University of Oregon. Hsu is a startup founder (SuperFocus.ai, SafeWeb, Genomic Prediction, Othram) and advisor to venture capital and other investment firms. He was educated at Caltech and Berkeley, was a Harvard Junior Fellow, and has held faculty positions at Yale, the University of Oregon, and MSU. Please send any questions or suggestions to manifold1podcast@gmail.com or Steve on X @hsu_steve. Announcing this for some friends at Mechanize - a startup that builds environments for training and evaluating frontier LLMs. Its customers include the top AI labs, and it has contributed to the breakthrough in coding capabilities of frontier models. Mechanize is hiring! https://mechanize.work/b/hsu Compensation is extremely competitive. For technical roles, $300-500k. They are also seeking smart generalists. For example: Research Engineer, Alignment: Build evals that test for misaligned model behaviors $500K salary Puzzle Maker: Design interesting and original puzzles t… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/manifold-4829537/episodes/venture-capital-and-technology-in-china-with-bohan-lou-118/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/manifold-4829537/venture-capital-and-technology-in-china-with-bohan-lou-118.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.