Haitao: Two investment ideas of seven investment direction of venture capital

Chinaventure Beijing Time July 15 afternoon news, recently, Shen Chong Investment chairman Haitao published his views on the role of venture capital in the development of the national economy.　　He believes that the seven major investment direction of venture capital and two investment ideas play a leading role in the development of national economy. Haitao that China's venture capital has the following seven major investment direction. One is to invest in small and medium-sized enterprises. And SMEs in the total number of enterprises in the proportion accounted for 99%, the contribution of production accounted for 60%, the contribution to employment accounted for 75%. Therefore, SMEs are the main body of the national economy, support for SMEs is the largest support for China's economy. The second is to invest in innovative enterprises. At present, China's innovation-type economy is still in a minority position, which needs to be fostered, developed and helped to improve the economic structure gradually. And VC is doing just that.　　Whether it is Tencent, BYD, Mary, Netac, or a series of characteristics of enterprises, innovative enterprises, have a shadow of the venture. Third, invest in the start-up period and growth period of enterprises, to focus on the financing of these immature enterprises and services difficult problems, so that those good prospects do not because of lack of money or lack of services and premature death. Four is to invest in transformation and upgrading enterprises, to help enterprises climb. These include such as supporting the "clear still photoelectric" to change products, support enterprise product upgrades, or support the business model innovation. Five is invests in the High-tech enterprise, causes the national economy to straighten up the backbone. Six is to invest in self accumulation and burn money combined enterprise, promote the transformation of enterprise development mode.　　Seven is to invest in the capital operation Desire and the future of the enterprise, after the investment to the standardization of the operation of the formation of integrity, integrity of the economy and integrity of the society, and through the investment relay to make enterprises continue to bigger and stronger. On the investment concept, haitao that there are five main areas need attention. He believes that the first is the concept of tolerance failure, both the courage to take risks, dare to invest in projects that may fail, but also to be more tolerant of failure. Second, the rationale of investment in bargaining valuation. The third is the concept of the service of capital operation. Four is the combination of incentive and constraint investment concept.　　Five is the courage to open up the idea. For incentives and constraints, "I always think that business management is three levels of administration, the top level is strategic management, the middle is the incentive and constraints, the following is cost management." If these three aspects are managed well you are an excellent enterprise.　　"In Haitao's view, venture is the most stress-inspiring and binding." "The courage to open up the idea is like eating the first crab, somebody must eat." "On the courage to open up the idea, haitao that there are three main aspects." One is to dare to cast new things, even if you can not see clearly. The second is to dare to open up new capital markets or a new act of capital operation, such as deep venture investment in Korea's capital markets, Germany's capital market, the Taiwan market open up. Third, dares to put the new enterprise to the market.