Allen Zhu is a managing director of GSR Ventures, with a focus on early-stage internet, mobile and new media companies. It has over $3.7 billion in assets under management.Zhu was one of the first institutional investors in Chinese rideshare company Didi Chuxing, also known as Didi Global. It has a market capitalization of over $24 billion as of May 2024.Zhu's philosophy for investment is to look at ideas that can change people's day-to-day activities.He's invested in retail platform HotMaxx, which has been valued at $1.25 billion. He's also worked on digital product collaboration company Lanhu, which has been valued at $1.1 billion.