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Top Chinese VC Says 2018 Will Be All About Replacing the Phone

  • Sequoia China’s Neil Shen gauges the post-smartphone era
  • China itself is in the race to develop future technologies

Neil Shen, the Sequoia Capital China co-founder who backed Alibaba when it was still a scrappy startup, thinks the search for the next big platform will be a key focus for investors in 2018.

The priority for venture capital and technology firms next year will be finding and developing candidates to help usher in the post-smartphone era, said Shen, who’s regarded as one of the country’s most influential startup investors. Smart digital assistants, driverless cars, virtual reality or Internet of Things devices are some of the areas that will draw interest, he added.