In conversation with Horizon Robotics' Yu Kai: Buffett and Munger are absolute idols, and entrepreneurship is essentially a form of investment | Linear Talk
Wang Huai, founder of Linear Capital, held a fireside chat with Yu Kai, founder and CEO of Horizon Robotics, reviewing Horizon's ten-year entrepreneurial journey and its life-or-death moments. Yu Kai said Buffett, Charlie Munger, and Duan Yongping are his absolute idols, and that entrepreneurship and life decisions are essentially both investments. Horizon follows a risk-averse strategy of "competing where there is no competition" and "not dancing at the edge of a cliff," and at the end of 2019, when it still had more than 3 billion in cash on its books, it cut its headcount by half.