[Today Capital Increases Stake in Kimi Five Times in Three Years, Xu Xin Says Good Projects Deserve Repeated Bets] According to monitoring by Dongcha Beating, Xu Xin, the founder of Today Capital, revealed on the podcast *High Energy* that she began investing in Kimi during the early days of Moon's Dark Side's establishment, increasing her stake five times over three years. She believes that truly worthwhile projects are rare, and encountering three to five in a single fund cycle is already impressive. The key is not to invest in many projects but to double down on winners, placing increasingly larger bets. In her view, investment returns don’t come from casting a wide net. By taking a significant stake in one project and holding it for eight to ten years, there’s a real chance to reap compound returns. [Original Link]