Old Friendships, New Frontiers | Manus AI, AI Agents & China Tech with Patrick Kavanagh

What does it take to back China’s next generation of global tech founders? Patrick Kavanagh—operator, investor, and founder of Old Friendship Capital—shares his journey from Robinhood to investing in China’s most ambitious startups. Patrick breaks down the opportunities, challenges, and strategies for navigating China’s fast-changing VC landscape.Key Points:Insider stories behind Manus AI - the Chinese AI agent startup recently backed by BenchmarkWhy Patrick is bullish on Chinese founders building for global markets, especially in AI and hardwareThe importance of cross-cultural insight and on-the-ground research for foreign investorsHow volatility in US-China relations can create unique investment opportunitiesAdvice for foreign investors who plan to allocate in China venture capital