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Most people are familiar with the major venture capital firms backing Silicon Valley’s start-ups: we’re talkin’ Sequoia Capital, Andreessen Horowitz, Khosla Ventures, and the rest of the gang.

But on the more granular level of early-stage investing, a relatively low-profile Chinese billionaire named Shan Xiangshuang has stealthily built the largest seed fund in tech.

In 3 years, he’s covertly funded more than 350 early-stage companies with $40m worth of “small” investments ranging from $23k to $250k.

Image: https://thehustle.co