Entrepreneurs get PE/VC investment difficult to increase big Boss suggest carrot and stick

According to the economic report, the domestic and foreign capital markets depressed, the number of IPOs has also shrunk sharply. According to the group data statistics, the three quarter, a total of 63 Chinese enterprises in the global capital markets completed IPOs, year-on-year reduction of 48%. IPOs are tightening, venture capitalists are wary, and entrepreneurs are increasingly struggling to get investment.　　At the launching ceremony of the Innovation China Spring Race, No. 17th, many tradition cast together, pointing out that mobile interconnection is still the focus of investment, but in addition to innovation in business models, entrepreneurs need to increase technology accumulation in order to gain investment. The heat of the capital market is no longer, the number of angel investors, while the number of early projects have been paid attention, but the amount of entrepreneurs can really get investment has not increased.　　Kui, a Chinese fund partner for Sequoia Capital, said the slowdown in economic growth and the increased demand for change and innovation by companies is a good opportunity for entrepreneurs, but the current economic climate makes it hard for them to invest. Kui: The threshold of entrepreneurship is getting lower, but the difficulty of entrepreneurial success is getting higher.　　And this two-year VC is becoming more cautious because the IPO is becoming more cautious. What kind of entrepreneurial projects can attract investment? Plateau Capital managing director Kuantai Frankly, although the capital is not hot, but the investment organization Multitudinous, 2004 China only dozens of VC, now has thousands of, if the project is really good, the entrepreneur will almost every day by the different wind throws to harass, so the key is to make the good project.　　He suggests that innovation should not be limited to business models, especially as internet companies increase their technological content. Kuantai: 2004 What the start-up companies do, will not worry about Tencent, Alibaba do what, at that time not so powerful opponents, now super big leading companies have come out.　　If we just do business model innovation, it is difficult to compete with them, but if we have technology accumulation, can slow down their footsteps, and in the negotiation of cooperation can also increase bargaining power. Lei Millet technology released instant messaging tools after the chat, Tencent immediately followed the launch of the micro-letter, the latter by virtue of the huge QQ user group quickly to promote micro-letter, now micro-letter has 200 million users, and rice chat has been marginalized. But fortunately, millet technology in addition to rice chat, also has a sales of more than 3 million units of millet mobile phone.　　James, a global vice president at Qualcomm, points out that a product project that combines software and hardware with the mobile Internet, such as the millet phone, is easier to get favored. Gao Jing: The business of selling hardware is good, everybody is giving lei accounts, a mobile phone 1999 yuan, you see their company already has so much cash flow.　　If we still Chi Chi do software, one is low threshold, the other is the same type of company too much. In addition, based on mobile phone applications are now mostly free, once the start of charges, the number of users will be drastically reduced, but almost all the hardware to pay, soft and hard packaging, the profit model clearer, easy to get investment.　　But a number of investment agencies have repeatedly reminded entrepreneurs not only to focus on VC preferences, innovation from the actual needs of users. Changes in the economic situation, entrepreneurs and investors are adjusting, while adjusting there are placesGovernment and industrial parks. At the launching ceremony of the 2013 spring race in China, many local governments and industrial parks officials came to yell at their own preferential policies. Shanghai Jiading, deputy district chief fee to Beijing to introduce, Jiading will provide a lot of preferential policies, including housing subsidies, support funds, including scientific and technological innovation, talent policy and so on.　　Tianjin Wuqing Development Zone Merchants Zhu Haitao said, compared to Jiading, wuqing more favorable, rent up to 3-5 years and so on, and he also revealed that now all over the government and the park in directions, the competition for high-quality enterprises unprecedented intense. Zhu Haitao: Last month we took part in three meetings, we are all sponsors, at Deloitte's annual meeting, there are 8 sponsors, 6 are municipal government and park, which shows that the competition in the park is still very fierce. The local government's thirst for high-quality enterprise resources, especially in the land market, is inevitably fierce for the enterprise's high quality resources.