DCM was one of the first venture capital firms to invest in the early-stage technology sector in China, beginning in 1999.
[8] DCM general partners include David Chao and Jason Krikorian in the U.S.; Hurst Lin and Ramon Zeng in China; and Osuke Honda in Japan.
[9] Kyle Lui is an additional investment partner in the U.S.[9] In 2021, Business Insider revealed that DCM's 2014 flagship fund is set to generate $10 billion and a 30x return multiple, making it one of the top performing venture funds in recent history.
[11][12] Since its last fund, DCM has had 17 liquidity events, including Careem (acquired by Uber), Pony.ai, Wrike and Musical.ly (now TikTok).
[4] Between 2013 and 2016, DCM returned $1.5 billion to its investors in profit upon exits from various investments previously under management.