He then attended Shanghai Jiao Tong University where he graduated in 1989 with a bachelor's degree in applied mathematics.

[1][4] Shen left the banking sector and in June 1999 co-founded Ctrip.com with James Liang, Min Fan, and Qi Ji.

[4][5][6] In 2002, Shen co-founded Home Inn as a joint venture between Ctrip and the Beijing Tourism Group.

Shen was given full autonomy and led Sequoia China to make successful investment in various companies such as Alibaba, ByteDance, Meituan, JD.com, Pinduoduo, Qihoo 360, DJI, Vipshop.

[3][4][5][8][9] When managing partner, Douglas Leone retired in 2022 from Sequoia Capital, Shen was considered one of the potential successors.

[8][10] Shen is married to an investment banker and has two daughters who attended school in Hong Kong.