Chen Tianqiao Launches Own Large Model Company After Investment Rejection: 100-Person Team in 7 Months, 50% Equity for Employees

Chen Tianqiao, founder of Shanda and once China's youngest billionaire, decided to launch his own large model company MiroMind after his investment offer to DeepSeek founder Liang Wenfeng was rejected. He built a team of over 100 people from scratch in 7 months, promising to share 50% of the company's equity with employees. He clearly stated that he only hires 'missionaries' not 'mercenaries' and does not set KPIs. He believes mercenaries tend to package themselves for acquisition and cannot go far; the team's upper limit is 500 people, rejecting blind expansion. By December 2025, Chen Tianqiao had invested in over 100 AI startups, spent 1 billion US dollars to build the 'discovery intelligence' PI incubator, and owns projects like open-source memory system EverMind, digital human framework Mio, AI native apps Tanka and Theta. The Dayuanjing Studio he co-founded with his wife focuses on AIGC popular science videos, with nearly 300 million annual views and over 3 million global fans.