ZhenFund founder Xu Xiaoping wanted startups his team invests will disrupt China’s education market or disrupt big players like Baidu, he said on stage of TechCrunch Shanghai today.

His first goal has to do with his experience as co-founder of New Oriental school which disrupted China’s private education market years ago. New Oriental Education & Technology Group now is one of the largest private educational services in China that went public on the NYSE in 2006.

ZhenFund invested in a Zuoyeben, a service for elementary schools and students to organize courses, 5-6 years ago. It didn’t work out until it had the fourth CEO who also an executive of New Oriental and an expert in teaching.

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Tracey Xiang

Tracey Xiang is Beijing, China-based tech writer. Reach her at traceyxiang@gmail.com