Xiaoping: It's hard to see a project without a year. 3000 entrepreneurs

Some investors have told reporters that the world can be summed up as two kinds of people, one is iron, the other is a magnet, and Xiaoping obviously belong to the latter.

Compared to the title of the founder of the fund, everyone would prefer to call him a teacher. In the new Oriental help students to study for jobs, and now help entrepreneurs, from this point of view, the essence of the teacher has not changed, and Xiaoping has been playing the role of a dream for others. In recent days as http://www.aliyun.com/zixun/aggregation/20853.html "> Innovation China 2013 Spring event judges of the gap, Xiaoping accepted the" first financial daily interview, he told reporters, in fact, he also has a dream , that is the fund.

"My main job now is to see the project, to wait and interview the entrepreneur, which brings me great joy because I see every project with a 10 billion dollar dream." After that, Xiaoping couldn't help laughing.

from 1.0 to 2.0.

Now Xiaoping led the team will meet about 3,000 entrepreneurs a year, last year, finally cast 30 of them, in general, the team will select a worthwhile project to arrange Xiaoping and the founders meeting. And as long as see the entrepreneur, Xiaoping's investment addiction began to commit.

"In fact, I think it's hard for me to vote on every project I see, and I always feel like he's going to make it, really." When he said this, Xiaoping a serious face.

Because of this sensibility, Xiaoping became the angel investor of the investment world. Investment in Angel Investment in 2006, 5 years for more than 30 projects to invest more than 20 million U.S. dollars, which in the field of angel investment is absolutely lavish. And during this period, because of fear of their own investment will be annihilated, Xiaoping even do not want to mention their identity, until 2010 began to have the project listing, mergers and acquisitions, this has the idea of making the big money.

And in the question of how to do it well, Xiaoping entangled for half a year, until the end of 2011, the Fund announced the cooperation with Sequoia China, set up 30 million U.S. dollar two funds, which let Xiaoping tangled heart of the ground, but at the same time he also knew that the advent of the 2.0 era means that they can not be as free as before.

"In fact, I didn't get used to it at first, it was a vote, and no one objected, but in the past year some people objected." Xiaoping a grievance expression, but soon he put on a pair of Victor posture, because he thought of the countermeasure.

"The way I'm taking it is that you're against you, and I'm going to vote for it. I probably have already cast a 7~8 project in private, my plan is, cast finished if the enterprise died that then pull down, anyway nobody knows. It was a burst of laughter. Obviously, Xiaoping still want to be back to the original oneself.

However, he also admits that, later time, the process of team-thinking confrontation makes him feel very valuable, very valuable, but also make the decision of the Fund more scientific, although sacrificing a little efficiency but reduced risk.

In the 2.0 era, Sequoia China mainly provides technical and experience support and appoints a weekly participant in the Fund's Project seminar. Xiaoping that this process has played a particularly important role in the growth of the fund. If you still do it alone, you can get a good project, but you may not be able to get as much as you have today.

"In fact, in the angel investment stage sometimes also need to rob projects, but if we can rob the project is still able to rob, but after a lot of programs, most of the project through repeated thinking, or avoid a lot of failure should not be." Xiaoping concludes.

Another change after the institution was that Xiaoping, who had previously been named and forgotten, was still forgetting, but his team remembered the companies for him. "Our team has a dedicated project manager, and we need to strengthen the help and management of the project, which is very valuable." ”

The old Urchin's philosophy of looking at people

Although the fund has undergone a transformation in the past year, Xiaoping's investment style has not changed. In the investment of this matter, the most let him proud of the business model is not his judgment, and is not able to grasp the hot industry, but it is the ability to see people.

Xiaoping has summed up, in the personal investment stage, the final regret investment project probably 3~5, the biggest reason is because they ignore the entrepreneur clear error, at that time out of the entrepreneur's liking, to the project's liking. "In retrospect, I used to look at people primarily to see the resonance between him and me, but it is now up to him to see if it is relevant and reasonable to do it." "he said.

In the theory of Xiaoping, things can fail, but a man can not fail, the failure of a person to make a comeback, failed to dry tears, can continue to struggle.

His definition of a real entrepreneur is to drive a motorcycle in the traffic flow through a 1 per thousand-second reaction, to the situation, the Rapids Yong turn, use all available, capture all the opportunity to use all the power, and then success.

Real Dream

Xiaoping said that the true dream is also his and co-founder Wang Qiang's dream, that is, after the success of their own entrepreneurship here, to find valuable things to do, this is a personal happiness for them. Xiaoping repeatedly stressed that people have to do something, this is very important.

and the second meaning of the dream is to create the next wave of the great enterprise. Xiaoping estimates that more people will join the Angel investment team in 2013 years, and that there will be more and more good companies. He believes that China's venture has not really up, the overall quality of Chinese entrepreneurship is poor, originality is not so strong, the overall quality of the entrepreneur, business model, team, marketing and other capabilities compared with foreign counterparts there is a certain gap.

This also let him start to sigh that the present good project is not many. "Good project really not much, I wake up every day to think of a more Baidu will be good, close your eyes to think about 5 years ago, a few projects are exciting?" It could be more than 10, or some of the once-exciting ones are over now. "Language finish, Xiaoping snapped his thigh and said," Du Fu is a guangsha million, Liu Bang is Mandare XI Walk Quartet, I, I am a good Project XI do 10 billion. ”