LD Capital partner: All investment targets in this round have floating profits but have not yet been unlocked. The primary market has become "hellish"

Li Xi, partner of LD Capital, posted on X platform that the portfolios of LD Capital that have been listed on the trading platform this year are all profitable on paper, but they are all paper values, because the shares belonging to VCs are still unlocked at 0. Except for the VCs who "assemble the game", most VCs are "big leeks" who take over. The primary market in this cycle is already "hellish difficulty".