DEEPSEEK CHIEF'S JOURNEY FROM MATH GEEK TO GLOBAL DISRUPTOR

Summary from the TLDR newsletter

China's DeepSeek is led by Liang Wenfeng, a math geek who caught the investing bug. Liang's hedge fund, High-Flyer, manages around $8 billion, making it one of China's largest quantitative funds. He has been described as a hands-on leader who sometimes sleeps in the office with colleagues as they rush to get projects done. Liang keeps a low profile and was surprised to see DeepSeek turn into a frenzy overnight. DeepSeek's sudden popularity caught the company off guard, making Liang work with his team to address the demand before taking a break for the Lunar New Year holiday in China.