Ocean Dorado GP Limited · General Partner

OCEAN DORADO LP

Ocean Dorado GP Limited · General Partner

OCEAN DORADO LP — 投資機會OCEAN DORADO LP — Deal Review

機密文件 · 僅供 Ocean Dorado LP 投資人 · Confidential · For Ocean Dorado LP investors ·

審閱中的投資機會Opportunities under review

Moonshot AI（Kimi）

進行中Active
買入估值Entry valuation
US$18B
預期流動性Expected liquidity
6–18 個月6–18 months
退出路線Exit route
IPO / 下一輪轉售IPO / next-round sale
本輪Current round
$1–1.5B · 高盛主導$1–1.5B · Goldman-led
收入軌跡（ARR）ARR trajectory
$100M → $1B（Dec-26E）
建議票額Indicative ticket
$5–10M

中國領先 AI 實驗室之一，現有股東包括騰訊、阿里巴巴、紅杉中國、IDG。研究實力獲 Elon Musk 公開讚賞；屬 IPO 前私募機會，退出時間表明確。One of China's leading AI labs; existing investors include Tencent, Alibaba, Sequoia China, IDG. Research publicly praised by Elon Musk; pre-IPO with a defined liquidity horizon.

數據來自 2026 年 4 月投資備忘錄（已簽 NDA）；可應要求提供最新資料室。Per the April 2026 investment memorandum (NDA executed); updated data room available on request.

ByteDance 字節跳動

有額度Allocation available
買入估值Entry valuation
US$605B
額度Allocation
US$30M
退出路線Exit route
二級市場流通性最高的私募名字Most-traded name in secondaries
費用Fees
前置 8% · 無管理費 · 無分成8% upfront · no mgmt fee · no carry

GP 團隊（經 Rubix）於字節跳動已完成多宗跨批次、跨對手方的交易——是我們最有系統經驗的名字。The GP team (via Rubix) has closed multiple ByteDance transactions across tranches and counterparties — our most systematically traded name.

條款為指示性，以最終文件為準。Indicative terms, subject to final documentation.

Polymarket

組建中Forming
區塊規模Block size
US$10M
狀態Status
對手方條款確認中Counterparty terms being confirmed

區塊落實後即提供詳情。Details to follow as the block firms up.

一筆交易的完整週期The cycle of one deal

1
鎖定額度Lock allocation
後備資金令我們可即時承諾Backstop capital lets us commit instantly
2
3 個工作天否決權3-day veto
每筆交易基金均有否決窗口The fund can veto any proposed deal
3
≤90 天轉售Syndicate ≤90 days
以更高估值或收取通道費轉出Sold onward at a higher valuation or access fee
4
分配或滾存Distribute or roll
收現金，或滾入下一筆交易複利Take cash, or roll into the next deal
利潤分配：LP Profit split: LPs 80% · GP 20% 後備資金（示例）：Backstop (illustrative): $10M SPV 層面無持續管理費No ongoing management fee at SPV level

每筆交易上架前，GP 先核查什麼What the GP verifies before any deal reaches this page

  • 直達源頭Direct line to the source — 我們與 SPA 簽署方直接交易，或僅隔一層；絕不接長中介鏈。 — we transact with, or one step from, the signing parties of the SPA; no long broker chains.
  • 先看文件，後談條款Paper before promises — 公司章程文件、過往交割紀錄及轉讓權，全部先行審閱。 — constitutional documents, prior closings, and transfer rights reviewed before terms are shown.
  • 對手方逐一核實Verified counterparties — 鏈上每一方均做 KYC；任何文件若無法向公司或其代理核實，交易即不進行。 — KYC on every party in the chain; if a document can't be verified with the company or its agents, the deal doesn't proceed.

後續流程Process from here

  1. 審閱上述機會——問題直接找 Douglas。Review the opportunities above — questions straight to Douglas.
  2. 任何想深入的名字，簽 NDA 後開放資料室。Data room access under NDA for any name you want to go deeper on.
  3. 確認後：否決窗口啟動 → 後備資金鎖定額度 → 目標 90 天內轉售。On a go: veto window runs, backstop secures the allocation, syndication targets ≤90 days.
  4. 完成後：利潤+本金的 80% 歸 LP——提取現金，或滾存至下一筆。On completion: 80% of profits + principal to LPs — cash out, or roll into the next deal.

GP 團隊往績（經 Rubix 完成 · 供背景核查）GP team track record (via Rubix · for reference checks)

項目Deal概要Summary結果Outcome
GRAB HoldingsUS$20M 封閉式基金，全數投入 IPO 前股份US$20M close-ended fund, fully deployed pre-IPO9 個月內募集、投放並退出Raised, deployed & exited in 9 months
xAI兩次投資（其後併入 SpaceX）Invested twice (later merged into SpaceX)全數獲付並退出Fully paid out & exited
ByteDance · SpaceX · OpenAI跨批次、跨對手方之二級市場交易Secondary transactions across tranches and counterparties多宗已完成交割Multiple completed closings

交易紀錄及推薦人可應要求提供以作核查。Transaction records and references available on request for verification.