Jack Ma quietly invested $30 million in Corgi, one of Y Combinator's hottest startups

Alibaba cofounder Jack Ma. Wang HE/Getty Images Jack Ma's private equity firm, Yunfeng Capital, quietly led Corgi's latest funding round. Corgi, a San Francisco AI insurance startup, saw its valuation quadruple over the last few months. Corgi marks Yunfeng's first known US deal, as it mostly touts Chinese investments. Jack is back. Chinese billionaire Jack Ma's private equity firm secretly led the latest funding round for Corgi, marking the first time the firm is known to have invested in a...