Capital King: The Investor Who Burned Billions to Rule China's Tech Wars

In China's cutthroat tech landscape, one man rewrote the rules of venture capital—by setting billions of dollars on fire. Xie dominates every major cash-burning war: ride-hailing, food delivery, e-commerce. Founders fear him. Competitors curse him. When Didi burned 50 million yuan daily, its CEO's hands trembled signing checks. Xie's advice? "Have a drink first." Now labeled an "extreme investor" by industry titans, he's the kingmaker behind China's unicorns—and the puppet master pulling strings in boardrooms across Silicon Valley's Eastern rival. One viral article dares to ask: visionary or m…