Gobi Fund Ken warns entrepreneurs: Entrepreneurship is not telling stories

Gobi fund Ken Tencent Science and technology news May 22, Gobi Fund partner Ken in the recent fifth annual Asia-Pacific Investment Summit said that the company is not to tell the story.　　Ken said that when the capital market is better, many companies ' problems have not been revealed, but in the aftermath of the financial crisis, these companies have exposed many problems, development has encountered great setbacks. He said that in the current market situation, entrepreneurs want to hide the company's hidden troubles, he said, warning entrepreneurs not to try to hide the company's hidden dangers in the financing process.　　In addition, he pointed out that the founder of a company is not to say a story, must follow the market changes.　　When it comes to VC itself, Ken said that the previous two years in the market situation is better, investors did invest some projects should not have been voted, or investors on the business itself, technical investigation more detailed, but relatively few people survey. "Venture investment in China is still a very new industry, investors on the personal aspects of the entrepreneur survey is not enough, the future investors may be the entrepreneur's own investigation to spend more energy." "There are many good opportunities in the market now, but investors are more rational," Ken said. "From the end of last year to now, although we have seen a lot of projects, but really into the actual investment phase of the project, probably not now." "Ken that investors must do a more detailed background check on the entrepreneur." To do so is to be responsible for themselves, the second is responsible for the development of the company itself. (Wen/Lotte)