Steven Zhang
I am a value investor who achieved over 37% average annual return over the past 11 years. Since 2021 value investing became my full-time job. I was a serial entrepreneur before I became a full-time investor. I also own a variety of private businesses, including the fastest growing law firm in the private equity sector in China, a pharmaceutical startup, and a video game company.
About Me
Investment Philosophy
I only invest in publicly listed companies who fit those three standards:
1. The company has a high margin of safety, which means, the company's intrinsic value is much higher(usually at least 3 times) than its price when valued strictly using the discounted free cash flow method.
2. The company has high growth potential.
3. The company's management has high business moral standard.
Past Experiences
Horaky 好乐齐生鲜连锁
Qingdao, China
I founded one of the earliest community group buying companies (社区团购) in Qingdao, China. It expanded to the largest group buying company in Qingdao and was sold to a big retailer in Oct. 2020.
2018 - 2020
Dorahacks
Oxford, UK
& Beijing, China
During university, I took a gap year to co-found Dorahacks, the world's largest hackathon organizer. I quit the company in 2018 and made a financial exit of a couple millions of dollars.
Disclaimer: I am not associated with any business activity that Dorahacks does in the crypto-currency field and I do not invest in crypto-currencies.
2015 - 2018
Private Investment Portfolio (some of them)
Youthwill
The world's most premium paper journal company, founded by my close friend Steve Yuan.
Buy Youthwill products on Amazon
Find The Lamp Games
An indie game development company. They make very interesting video games.
Buy their first game Turlock Holmes, a word puzzle game, on Steam
Myshell.ai
Easy to use platform for creating robots powered by AI.
Create your own chatbot in myshell.ai
Neobinder
Neobinder is an AI-assisted protein design company. The company discovers novel ways to bio-synthesis proteins at a speed millions of times faster than traditional approaches.
Pushen Law LLC 上海浦深律师事务所
China's fastest growing law firm in private equity sector.
Pushenlaw.com
EDUCATION
University of Oxford
Economics & Management BA
2013 - 2017