A speech to the age of interconnected things

In today's "2014 NetEase Future Science and Technology Summit", Jingwei Venture Chinese partner Wan Haoki in the intelligent Hardware sub-forum to do "to meet the interconnection of all things" of the speech, sharing the Jingwei venture on the internet of things some views.

For 1 billion valuations, the Internet took 5 years, the mobile Internet took 3 years, and smart hardware took less than two years

2008, the Internet age, we only 100 million pc;2013 years into the mobile internet era, we have 1 billion smartphones, 10 billion intelligent terminals. 35 years later, when everything can be networked, this market will surpass everyone's imagination.

Over the past year or so, giants such as Google, Apple, Microsoft and Samsung have been laying out their own platforms, launching their own standards and making acquisitions in the industry. Since May 2012, many good projects and new companies have sprung up. In the Kickstarter and Indiegogo of the public-funded platforms, more and more projects have been raised for millions of dollars. Two years, the valuation of 1 billion of dollars of companies also have several, Jingwei venture investment Oculus is one of them.

Two years of smart hardware-related financing has more than 300 million dollars

Two years ago, Jingwei began to look at some projects in the area of hardware and software. In the past two years, the total amount of financing projects related to smart hardware has actually exceeded 300 million U.S. dollars, about 50 to 100 of the companies have been invested, Jingwei got about thirty or forty projects.

In the past two years, there have been two main types of financing companies, one is the platform type company, the other is single (about 22). Single product company is divided into two major categories, the first category is wearable equipment, such as watches, hand rings; the second category is smart home, such as intelligent routing. In the future, car equipment, smart cars are likely to become a very large independent platform.

Platform type companies are the kind of companies that are likely to lead the industry, such as Tencent in the hardware industry. These companies are more favored by VC, attention.

Jingwei Ventures in the project are inclined to see the main platform

In the past year, Jingwei Venture investment has mainly invested in four kinds of domestic hardware companies, basically platform companies or a possible platform for the company. Typically include such a few:

Call time: China's smart hardware industry in the starting platform. Phantom Intelligence: Jingwei thinks the future is likely to become a standard and distribution platform for smart home. Frontal interaction: The Chinese version of Leap Motion is the best company in the world outside of a company that controls hand gestures. X Company: Jingwei temporarily inconvenient to open, but a company providing cloud services, is like "Friends of the alliance" the same thing networking standardization, platform services company.

Opportunities for entrepreneurs and choice of VC

To the entrepreneur, the product solves must be the user's just need. Differentiation, data ability, design ability, brand ability is very important to single goods company.

Jingwei said they were planning hardware from 2013 and 5 years later the most powerful companies in the circle were probably in their hands.