Investors move to entrepreneurs

Xing Xiangdong, who has the title of China-Ying Capital partner, recently established a renminbi fund with Suzhou High-tech venture group. The former IDGVC investment director, in the past 10 years has been involved in investment including Ctrip, media outlets, such as home chain hotels, good advertising network, ebay network, NET and other projects.

When investors "run away" and start out as entrepreneurs, they unconsciously play a role in the heat of domestic investment. This change took place five years ago.

No one wants to make their own decisions when they meet the right opportunity. At a moment when renminbi funds are in the Xing Xiangdong, the practice is pandering.

As early as last September, Wang Gang, who left Npeas, had "come out of the lake" with his risperidone capital, and his identity had changed from being a foreign fund partner to the helm of the 1 billion Yuan fund. "I do it because I see China's PE investment market is moving towards localization and RMB funds are closer to the Chinese market." Wang Gang told reporters.

The dragon in the deep, this is a group of people who are good at seizing opportunities. Yan is an example of the fund's partner. Yan first entered China to make an investment was embarrassed to be considered "purse" company, but at the time the young man with the purse was the first to hold the "pulse" of the domestic venture capital market, from becoming AIG's youngest investor to the grand myth created in SoftBank Asia, All this is what he now dominates the fund.

In fact, 5 years ago, a little investment experience and familiar with the domestic market, there will be a chance to directly turn to do VC. Shiping, with experience in industrial management and investment, sees the rapid growth of venture capital in China, and the environment in which investors live is replicating this fast path. It was this opportunity that Shiping decided in 2006 to join Gary Rieschel, a venture capital firm based in Seattle, Ignition Partners and Mobius Venture partner, to create qiming ventures in China.

Also see the opportunity of the eastern rich sea partner Chen. Chen, who was president of the Deep venture in 2006, laid down the state-owned background, returned to zero, and founded the eastern Rich Sea. To get rid of the big trees backed by the state, the market-oriented financing way is Chen ambition, a total of 1.7 billion yuan two funds, 30 investment projects, 4 years time enough to prove his original vision.

There are a lot of people like him. Last June, Zhang a formal departure from Intel investment in Asia-Pacific director, and 2 months later, in Hong Kong, China, to create venture capital FUEL. Tan Weijian, who recently resigned as the US private-equity fund for 12 years, plans to create an investment fund focused on Asia.

Industry insiders told reporters, as the domestic investment market matures, the market liquidity is sufficient in the background, those who originally in the PE field has accumulated some classic exit cases of star-level characters trying to get rid of some of the original team of thinking, to seek different investment portfolio and investment strategy, in order to gain a greater right of speech.

In addition, we found that if the investment institutions as a brand, then investors are investment institutions in the spokesperson, when the entrepreneur more and more keen to pursue the brand of investment institutions, as the agency, in addition to the proposed investment enterprises to show the past successful case, investors are a hard sign.

This is like under the radiation of celebrity, although capital is a lever to drive the value of the enterprise, but the entrepreneur also value behind the human factors, perhaps this is to encourage investors brave "run away" another reason.