The most common concern about Pinduoduo is whether Huang Zheng has "stopped taking care of things". People imagine that an excellent leader should be hands-on and dedicated.
However, Huang Zheng is different. He says that a CEO's job is to find a long slope with thick snow, and once the snowball starts rolling, try not to intervene unless encountering major obstacles.
He "basically doesn't manage business and rarely attends meetings", believing that he must be clear about his own limitations and not capable of managing everything.
Things to focus on and that can be focused on
#Investment Memo