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The author shares insights from meeting over 20 friends in the AI circle in Shanghai and Hangzhou. Most are post-2005 entrepreneurs who dropped out or took a break from school. Many have already secured funding or become profitable. The author plans to base in Hangzhou in the second half of the year and go all in.
A visit to DeepSeek's headquarters reveals its modest origins, young team, and unique culture. The company, operated out of a hedge fund, focuses on staying small and remains unconcerned about AGI risks, instead prioritizing societal concerns like job loss.