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Richard Liu the co-founder of Chinese fund Morningside made an early bet on a disruptive manufacturer of smart phones with series A and B investments in Xiaomi. The Chinese firm is now worth a reported $45 billion. Other winning bets include social media company YY entertainment firm Phoenix New Media software maker Xunlei and mobile app company UCWeb. An electric engineer by training Richard heads Morningside's investments in the Internet media and entertainment and consumer sectors. He holds an M.B.A. from China Europe International Business School in 2000 and a Bachelor's Degree in Electrical Engineering from University of Science & Technology Beijing in 1993.
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