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Season 3, Episode 2: The Xiaomi IPO

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I had w something weird going on, my internet cut out too. Did you get that? Um I mean it's fine'cause we're not using any kind of like web upload thing. We're just doing a But yeah, when I disappeared for a second it was to go turn on a uh fan. So I was like maybe it's like hot and that's affecting I don't know. Oh good. I was so I was worried. I was like oh no, Ben's super pissed that we're changing that No He couldn't take it anymore.

Mm. Welcome to season three, episode two of Acquired, the show about technology, acquisitions, and IPOs. I'm Ben Gilbert. I'm David Rosenthal. And we are your hosts. Today we are covering Xiaomi.

You may already know a few things about Xiaomi, that they make smartphones, they're from China, and they recently IPO'd. But today we're here to go deeper, understand what the company really is at their core, and talk about the exploding China tech sector. And we have with us today two of the best people in the world to help us dig in on these topics. Hans Tung and Zara Zhang from GGV Capital. So Hans and Zara do a podcast called nine nine six that you should absolutely check out if this topic is of interest to you at all. I've listened to about half their episodes so far, and it's a fantastic resource for anyone who wants to understand what's going on with Chinese companies, one of our focuses here on season three of Acquired. Hans was an investor in the very first round of Xiaomi and was involved in the initial ideation of the company, a rare and amazing feat to be with a company from conception all the way to IPO.

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