TLDR:
- Former Alibaba CEO Daniel Zhang joins venture capital firm Firstred Capital as a managing partner.
- Zhang’s move comes after his surprise resignation from Alibaba last year.
In the latest tech news, former Alibaba CEO Daniel Zhang has made a significant career move by joining venture capital firm Firstred Capital as a managing partner. Zhang’s decision to join the firm comes after his unexpected resignation from Alibaba last year. This move is likely to bring fresh insights and expertise to the venture capital space, given Zhang’s extensive experience in the tech industry.
Zhang’s role as a managing partner at Firstred Capital signifies a new chapter in his career, where he will contribute his knowledge and skills to identifying and nurturing promising tech startups. His experience at Alibaba, one of China’s leading tech companies, will undoubtedly bring valuable perspectives to the firm’s investment strategies.
