On September 19th, it was reported that last May, Inception Capital founder David Gan informed investors that his father was under investigation and he was traveling to China. He then disappeared for several months. During this time, investors were unhappy with his "disappearance" and voted to close the fund. In late June, Gan reappeared and agreed to relinquish some key responsibilities. Gan stated that the fund was operating well and he had resumed his daily work.