Internet Success Rules: Team + funds + mature Products

Whether VC or entrepreneur seems to be a little discouraged, VC in the 10th article there is a dilemma, entrepreneurs here so that the change is more difficult, in fact, more simple, not so serious, the future is still a bright.

1, 10th, the details of the early or late, for VC to know the government's style of action, the principle will not change, the form of diversification, for not doing speculative behavior of enterprises is certainly a relatively large limit, in fact, no 10th rules come out for VC should not have much influence, how to find loopholes that is a lawyer's thing, Article 10th can not change the status quo of China's industry, can not change the state of China's law, change China's stock market status, you want him to bring you?

VC to China has become a speculator, the astonishing investment efficiency, the first to find a large-scale enterprises, and then a large amount of capital injections, a few months or half a year of foreign IPOs, exit the sleeve is finished. Do not know whether this is the exact definition of VC or VC should be doing this, rather than to explore the potential of enterprises, training, exit. If VC is the definition of speculators, the 10th text is really unpleasant, but if VC is not the definition of speculators, a few good text has so much impact? VC itself should be an entrepreneur, because you get someone else's investment to do things, is a typical entrepreneur, since it is entrepreneurship, there must be a long-term excellent enterprise, if you are such a qualified enterprise, a few good text on your influence is not small, because good business nature has a good return, you think the future is slim, It just means you have a bad foundation and an ulterior motive. As a VC how also have to have a step problem, first, the choice of enterprises, and then invest in cultivation, and then consider quitting, I found that now VC actually upside down think, first consider how to exit, in the consideration of investment enterprises, that good, now who do not know exactly what is good exit, the details are not announced, Lawyers don't dare to gossip, I think you still vote or not? If one day there is really a loophole can drill, you take what exit? You don't even vote for a company, you quit a bird?

2, after complaining, to the point of the Internet, the success of the law. Now many VC say not to invest early, it is necessary to give them drum cheer.

(1) The risk of new medicine and new energy is greater. China is not a lack of advanced technology, is a lack of implementation of the environment. Said more simple, the hospital to get some dry leaves, grassroots can make money, he will buy your new technology? He used your new technology, how many interest groups would be harmed? So you invest in new medicine risk is greater, will not because of good technology, super cash and stand out, more likely to edgy temporarily, and then shelved, unless you cost by the leaves are cheap, you say Chinese herbal medicine in how many leaves, how many useless grass roots? How much will this save? So you have to wait in line for a doctor, how much opportunity can new medicine be truly clinically promoted? So China is not lack of advanced technology, the lack of growth of the soil, how many advanced equipment in China is shelved? In fact, this piece of investment risk is even greater, if you think that China's 10th text details of the delay has made you feel very headache, this than the traditional industry vortex too much. Not that there is no opportunity, but that there is little chance of success.

(2) TMT industry is not because VC said no, really not, TMT has always been the most worthy of investment in a field, simple structure, easy planning, no social responsibility, no property rights, restructuring, Internet users grow every year, so good development prospects and structure, incredibly many people say TMT is not worth a vote, really xxx.

Specifically, first of all, said Portal: Do you think Sina, Sohu information provided by the way you are willing to accept it? As long as a few screen information, you have to open your eyes carefully filtered, 80% you are not interested in things from the front, and the middle of the colorful ads, really let you browse the information also on 2-3? Do you think such portals are the gateway of netizens ' hope? Again, search, if you search some program language, Baidu Google can give you a better answer, because there are csdn this big platform, but search some traditional things, the first is a pile of ads, and then a variety of irrelevant information a pile of news, you like this kind of search information display way? Besides Alibaba, the sole purpose of your entry into Alibaba is to search for a product, look at that factory production of this product, you see are cold pictures and phone contact, you like this way, also look at the goods, you have a phone store in a beautiful lady you talk about, you are not more like?

Therefore, users are not satisfied with the product, there is a possibility of transcendence, this transcendence is innovation. Either Sina or Baidu is listed here. VC million can not hold such a view, TMT has nothing to cast, the portal has Sina, Baidu Search, the industry has Ali, also cast what? Primary Internet users achievements of the primary site, mature Internet users to achieve mature Web site, now the netizens have not satisfied these sites cold, mechanical information provided, this is already the fact that this huge new demand, will not be a new Sina, Baidu, Ali to come? Relax your heart and it will definitely happen. Sina will fail, not because he is not good, but because people no longer like him, it is so simple.

So TMT is still alive, not thin, and chances are, if you just look at the point he shows you, you only see the danger, and if you start with his roots, you'll find the opportunity.

(3) The law of successful Internet cases. Now, as far as I'm concerned, the Internet has a formula that can be applied successfully. The formula is: the Internet success = Team + mature products + enough money. This core is not a team but a mature product. The mature product has two characteristic 1, conforms to the product definition, what is the product, can sell out is the product, is called the free gift, namely the mature product must be can someone be willing to pay the product; 2, can grow quickly. With enough funding, the product must be able to grow exponentially. We say Ali can succeed, first he is a product, because the small and medium-sized enterprises to pay him, he can quickly grow, Ali's marketing speed everyone may wish to think about it; Net Sheng also so, first someone to pay for him, and then it can quickly grow, this quickly reflected on the listing, his speed super fast, as long as he maintained performance, Can be from the stock market, and then the development of the journey, the same, the public test has been online support 300,000 people, this product can be said to be a mature product, and then a few months of time, the journey is paved to the 4-level township Internet cafes. The maturity of a product is critical, because it determines whether you can survive in the future, a product speed is very critical, because you are faster than others can not see you, what to do, he has no weaknesses to check, naturally you can quickly cover up shortcomings, rapid growth. That blog as an example, blog network on the product can not be said to be a new and more mature products, and if he had managed to pack the product into a product that would be able to charge the right price, because after all, the newer things people value more, and then grow rapidly, will not be today. Of course, there is a more important thing is enough money. This is also a big problem is the amount of money available, 500,000 of the results of investment and no investment is the biggest difference is to pay 500,000 more, 50 or 1 million or better, before you can scare off imitators, speculators, can not resist the big competitors attack, to what use? Enough money to get a big copycat to quit, two can let the enterprise rapid growth, relying on speed to make big competitors confused mind, do not understand what you want to do next, there is not daring to follow up, this is you can stand out the key, so enough money is to reduce the risk of investment volume, And not the less risk is smaller, you simply do not vote on the end.