Interview Shong: Invest 1-2 Mobile internet companies every month

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Shong, founding partner of IDG Capital

Sina Science and technology news August 2 afternoon, IDG Capital founding partner Shong (Weibo) this afternoon, Sina Technology interview revealed that IDG now every month to invest 1-2 mobile internet companies. He also suggested that China and the United States resolve the VIE (variable interest entity) issue through a dialogue mechanism.

Macworld Asia 2012 Digital World Expo opens today. As the IDG's important exhibition, this year's exhibitors and exhibition area than last year significantly increased. In the afternoon, IDG Capital Founding partner Shong received Sina Science and technology interview.

Invest 1-2 Mobile internet companies per month

In the past 2 years, IDG Capital has invested more than 20 mobile internet companies and now invests 1-2 companies every month, Shong said. He said that IDG capital is now very optimistic about the mobile internet industry, the investment enterprises in the early majority.

According to him, IDG Capital will carefully do market research, product analysis, and communication with the entrepreneurial team before investing. He admits that IDG Capital does not invest in many companies in one area, except in some areas.

Talking about the business model of mobile Internet, shong that the PC Internet age advertising model is not very suitable for mobile internet, because many users dislike this mode.

"The current mobile internet to make money is mobile games, web games, and PC Internet advertising mode is not the same." PC Internet age content is not valuable, and the mobile internet era, the future content to be valuable. "Shong said.

Shong that the mobile internet will usher in a real tipping point two years later. He advises startups to do more of the original technology, because that's what makes investment worthwhile.

A vie is a fait accompli.

In response to concerns recently raised by US investors about the Chinese enterprise Vie structure, shong that Chinese companies are using the VIE structure for overseas listings and that it is still hard to change, but the framework is actually a model that both China and the United States endorse.

He argues that investors may be worried because some companies lack communication with investors when changing the VIE structure. He said that the VIE structure was a fait accompli and that the two sides could actually resolve it through a dialogue mechanism.

"This is actually a legal issue," Shong said. The United States and China can conduct thematic discussions on the VIE through a dialogue mechanism. If the laws are in the laws, many instabilities can be reduced. ”

Recently, the new Oriental because of the VIE structure changes by the U.S. Securities and Futures Commission investigation, many Chinese concept stocks also fell. In addition, last year's pay-for-treasure (micro-blogging) incident also let the U.S. capital markets smell the vie color change.

The so-called Vie refers to the variable interest entity, its actual meaning is not through the way of shareholding to actually control a company, its core is a domestic company entity and a special agreement between domestic and foreign wholly-owned companies, through this way domestic companies in accordance with the conditions of Chinese law to achieve overseas listing. From 2000 to now, through the VIE model to achieve overseas listing of domestic enterprises about 250.