The evolution of China's VC industry from 2010 to 2015 had a significant impact on Laven Luo's investment strategies. During this period, the industry experienced a golden era driven by the e-commerce boom. However, by 2015, the landscape had become fiercely competitive, with early-stage advantages waning.

Recognizing the need to delve deeper into a specialized area to avoid being swept away during industry downturns, Luo joined Eminence Ventures in early 2018. Over the next six years, he climbed the ranks to become a partner and the youngest member of Eminence Ventures' investment decision-making committee. His focus areas included industry digitization, fintech, global expansion, and life sciences, with continuously refined and targeted investment strategies.

Luo's investment philosophy emphasizes solid research and industry expertise. His persistent efforts paid off, as seen in successful investments like Duckbill, ONERWAY Payment, Naturobot, and 40Seas. Luo's approach blends broad industry knowledge with specific project insights. His investment process involves continuous learning and adaptation, maintaining a rigorous schedule, and dedicating weekdays to meetings and project evaluations while weekends are reserved for in-depth industry analysis and macroeconomic research.

In summary, the evolution of China's VC industry from 2010 to 2015 influenced Luo's investment strategies by prompting him to focus on specialized areas, continuously refine and target his investment strategies, and prioritize solid research and industry expertise.