AI Bubble
Back to feed

DeepSeek Investment Shares in High Demand: 100M Yuan Entry with 18M Upfront Fee, Five-Year Lockup, No Voting Rights

Bubble signal: +2 · Overheating evidenceRelevance 85FundingChina
Source: IT Home · Published 2026-09-04

Summary

According to Caijing, DeepSeek's investment shares are in high demand, with intermediaries charging '18% upfront, 35% carry' fees, requiring investors to pay 18 million yuan upfront on a 100 million yuan investment. Despite the high fees, investors are not guaranteed shares and face a five-year lockup, with most external investors having no voting rights. The market has seen fraudulent shares and intermediary chaos, with one investor paying 5 million yuan for a meeting with Liang Wenfeng.

Bubble analysis

This news shows investor frenzy for DeepSeek has reached a fever pitch, with investors willing to pay hefty upfront fees and accept harsh terms, and even spend 5 million yuan just to meet the founder. Such irrational investment enthusiasm is a classic symptom of an AI bubble, indicating capital chasing scarce AI assets, with valuations potentially detached from fundamentals.

#china#valuation#deepseek#funding
Read original ↗

Related signals

linked by shared tags